Green Field Energy Services, Inc. has announced that it has signed a global supplier agreement with GE Oil & Gas to deliver low-cost, cleaner burning power generation solutions to the oil and gas industry.
Under the agreement, GE will provide technology and equipment, including Electric Submersible Pumps (ESPs) used in artificial lift systems for oil and fluids production, modular CNG In A Box™ compressed natural gas systems and LNG production systems and more. Green Field, which is a leader in using natural gas to power turbine driven hydraulic fracturing and drilling equipment, will use these technologies in conjunction with its own fueling technologies, which can significantly reduce a site's environmental footprint and increase efficiency by replacing diesel fuel for power generation.
Green Field and GE have also signed a memorandum of understanding (MOU) on a technology collaboration that calls for the two companies to further investigate ways to make their technologies even more efficient when deployed together. Green Field will provide its proprietary technology, including its bi-fuel capability developed for use on its Turbine Frac Pumps, and GE will provide turbines that can be used for testing.
Michel Moreno, Chairman and CEO of Green Field, stated, "We're thrilled to be collaborating with GE, and we're proud that this global leader in energy and power generation recognizes the advancements we have made with our turbine driven technology. We believe our turbine driven systems are superior to other natural gas powered options because our bi-fuel engines are capable of running 100 per cent on field gas. Therefore, making it simpler for our customers to convert from diesel to natural gas as a fuel source. Most natural gas powered solutions today generally still require diesel in the fuel mix in order to operate."
Mike Hosford, General Manager – Unconventional Resources, GE Oil & Gas said, "This collaboration may help us deliver innovative solutions that solve some of the biggest industry challenges, in particular, utilizing natural gas to power the oil field and reducing the environmental footprint of operations over diesel fueled power generation. By using Green Field's bi-fuel technology on the gas turbines, we have the potential to switch the power source at drilling sites to abundant, reliable, and cleaner-burning natural gas - a source of energy that can help meet our world's growing energy needs for decades to come."
In conjunction with the collaboration, Green Field has secured commitments with two customers to conduct pilot programs to test power generation of oil and gas equipment utilizing natural gas produced onsite in the field.
The first pilot program will be for SandRidge Energy, Inc. Green Field will provide oilfield power on a SandRidge well in the Mississippian formation in Oklahoma with 100 per cent field gas produced by that well. This test is expected to be conducted by year-end.
Greg Dewey, VP of Communications, commented, "We're excited to be part of this groundbreaking test in which our well will be producing on artificial lift without the use of an external fuel source to