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MIDSTREAM DOWNSTREAM form a joint venture that will own and operate
on-site power generation utilising captured
Secure Energy to appeal Quantum Fuel Systems flared natural gas to power Riley Permian’s
operations in Yoakum County, Texas. The
competition tribunal announces a large-scale Project will be completed in phases and will
ultimately include 20 megawatts (MW) of
decision on its merger with order by VoltaGrid power. Phase 1 of the project will provide 10
MW of on-site generation and is expected
Tervita Quantum Fuel Systems, a fully integrated to be operational by June 2023, with an
alternative energy company, has been selected
additional 10 MW in Phase 2 anticipated to be
Secure Energy Services announced today that by VoltaGrid to deliver industry-leading operational by late 2023 or early 2024.
the competition tribunal issued its decision in natural gas virtual pipeline trailers that will RILEY EXPLORATION PERMIAN, March 02,
connection with Secure’s merger with Tervita. grow VoltaGrid’s CNG delivery capabilities. 2023
While the tribunal agreed with Secure that The new order will enable VoltaGrid to
not all of the 41 facilities the commissioner significantly scale its CNG platform to SLB introduces low-
was seeking to have Secure dispose of should over 180 CNG trailers with the additional
be sold, it issued an order requiring Secure to deliveries expected to start in Q3 2023. carbon alternative for well
divest of 17 treatment, recovery and disposal Quantum will provide VoltaGrid with its
facilities, 6 landfills, 4 water disposal wells VPLite45/40 trailers, which have an industry- construction cement
and 2 disposal caverns all formerly owned leading gaseous capacity of approximately
by Tervita. This represented 29 of the 103 472,000 standard cubic feet and weigh SLB today introduced the EcoShield™
facilities acquired in connection with Secure’s less than 59,000 pounds fully loaded. geopolymer cement-free system that
merger with Tervita. The trailers are certified for use in the US minimises the CO2 footprint of a well’s
Secure will file a notice of appeal together and are the leading choice for customers construction. This innovative technology
with a motion for a stay of the Tribunal’s order needing a smaller, lighter trailer that is easily eliminates up to 85 percent of embodied CO2
within 30 days. manoeuvred in tight areas. VoltaGrid will emissions compared with conventional well
The merger with Tervita was completed utilise the trailers in their work supplying cementing systems, which include portland
on July 2, 2021 pursuant to an arrangement intelligent, affordable, clean and turnkey cement. The EcoShield system has the
agreement announced on March 9, 2021 power and fuel solutions for remote and grid- potential to avoid up to 5 million metric tons
under which Secure acquired all of the issued parallel applications. of CO2 emissions annually—the equivalent of
and outstanding common shares of Tervita, QUANTUM FUEL SYSTEMS, March 02, 2023 removing 1.1 million cars from the road each
following which Tervita amalgamated with year.
Secure. “Decarbonising the well construction
The tribunal’s order to divest of the SERVICES process while ensuring safety and
facilities, if not overturned or modified on performance standards is critical to our
appeal, could have a material impact on the Conduit Power and Riley industry’s pathway to net zero,” said Jesus
business, financial condition or results of Lamas, SLB’s president of Well Construction.
operations of the corporation. Secure would Permian form joint venture “The cement-free EcoShield system is a
expect to receive sale proceeds relating to such breakthrough that delivers industry-standard
divestitures which could mitigate, in whole or Riley Exploration Permian, Inc. and Conduit zonal isolation capabilities while significantly
in part, any such impact. Power, LLC, a portfolio company of Grey minimising impact from upstream oil and gas
SECURE ENERGY, March 04, 2023 Rock Investment Partners, today announced production.”
that they entered into definitive agreements to In addition to its embodied CO2

P14 www. NEWSBASE .com Week 10 09•March•2023