Post Tagged with: "GTUIT"

Flaring Innovation: An Interview with Brian Cebull, CEO of GTUIT

Flaring Innovation: An Interview with Brian Cebull, CEO of GTUIT

The Bakken Shale and the state of North Dakota are symbols of the hydraulic fracturing revolution, and innovations on hydrocarbon extraction continue to improve the process with each passing day. The technological advances vary across all lines of production, spanning from operations at the wellhead to lab research at the company headquarters. Among the innovators is GTUIT®, LLC, a privately held firm specializing in mobile well-site flare gas capture. 2015 has been a banner year for the Montana-based company; it secured an equity investment from Caterpillar Oil & Gas in April and was presented an award of excellence from the World Bank Global Gas Flaring Reduction Partnership in September. The company currently operates 28 mobile units, and 15 are currently running at seven well site locations for Hess Corporation (ticker: HES) in North Dakota. The combined project is currently processing 10 MMcf/d of associated gas, along with recovering and selling[Read More…]

October 22, 2015 - 1:31 pm Oil and Gas 360 Articles, Oilfield Services