The Permian Basin International Oil Show that was held recently in Odessa, Texas, on October 17-20, is a three-day gathering of producers, service companies, investors and innovators. A biennial event since the end of World War II, the oil show serves as an international marketplace, where hundreds of booths and exhibitors fill the Ector County Coliseum.
In a world increasingly conscious of its environmental footprint, energy companies are stepping up their efforts to align their operations with the demands of sustainability. The gas industry, in particular, is actively seeking ways to reduce emissions and increase efficiency, striving for a balance between environmental responsibility and economic viability. This was particularly evident at this event. Alongside industry partner, Gast Manufacturing, Global Power Technologies (GPT) received a tremendous amount of interest and commitments from upstream and midstream customers and partners.
The show was extremely well-attended and the response to GPT's EZ-Air Instrument Air product solutions was overwhelmingly positive. Industry professionals expressed appreciation for the simplicity and scalability of the design, as well as its potential to enhance operational efficiency and mitigate environmental impact. The appeal of GPT's solutions stretches across the industry spectrum, from Fortune 500 companies to smaller players, indicating an industry-wide recognition of the urgent need to meet coming environmental requirements and operational demands.
Methane venting in particular, where gas is released into the atmosphere as part of normal production, is a critical area of industry focus. Eliminating methane venting from pneumatic devices is the most common starting point due to the significant environmental and economic implications. The vented gas is a valuable resource that should be taken to market. We’re now seeing a very strong commitment in the industry to finding innovative ways to recover this lost fuel and minimize emissions.
To meet the needs of the industry, Global Power Technologies has developed scalable EZ-Air Instrument Air solutions that can be implemented to eliminate methane in a wide array of contexts, from individual well sites to expansive facilities. These clean air solutions are designed to function efficiently on both off-grid or on-grid sites, offering a flexible option that can cater to diverse operational needs. Instrument Air systems allow companies to avoid the need to change out valves, reducing downtime and operational costs to implementation. Instead of venting gas, pneumatic devices are modified to release air, effectively recovering the otherwise lost fuel and eliminating vented greenhouse gas. Depending on the price of gas, this system can facilitate the recovery of up to USD$10,000 per year, while also significantly decreasing methane and CO2e emissions.
The industry trend is unmistakably moving towards solutions that take into account the full business implications of implementing greenhouse gas emission reduction strategies. Companies are increasingly looking at the trilemma of reliability, affordability, and sustainability in their quest to improve operations. Innovative solutions like those provided by GPT seem to hit the mark, offering a promising path toward a more sustainable and efficient future for the energy industry.
About Global Power Technologies
Global Power Technologies (GPT) designs and manufactures ultra-reliable off-grid power for 5W to 6 kW industrial applications. GPT’s line of generators, including Combined Heat and Power (CHPs) and solar hybrid-compatible thermoelectric generators (HTEGs), provide reliable and low-cost energy for off-grid applications with critical power needs. With over 45 years of expertise and more than 35,000 power solutions deployed globally, GPT’s products are in operation in over 55 countries around the world. Visit www.globalte.com and @global-thermoelectric on LinkedIn.
