Page 11 - NorthAmOil Week 15 2022
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NorthAmOil                                  NEWS IN BRIEF                                        NorthAmOil







       use case deployed for DCP Midstream   sequestration equipment            of collaboration with customers.
       was an operational assurance solution that                                 This solution, included at no additional
       automatically detects critical operating   with Summit Carbon            cost to customers, enables the capture of
       issues and delivers real-time contextual                                 every single mcf of gas that is vented or
       mobile notifications to all stakeholders, while   Solutions              flared, whether measured or estimated; the
       immediately initiating restoration workflows                             well or facility where it occurred; and 13
       within operations.                  Xebec Adsorption, a global provider of   pre-approved event codes (reasons) for the
         “A core focus of DCP Midstream is our   sustainable gas technologies, is pleased to   emissions to comply with one of the most far-
       commitment to operational excellence,”   announce today that its subsidiary Xebec   reaching state-enforced rules seen in recent
       said Rob Sadler, DCP Midstream group   Systems USA, has signed a contract valued   history.
       vice president of Energy, Transition &   at $113.5mn (CAD143.2mn) with Iowa-  The timing of P2’s release is crucial for
       Transformation. “Leveraging the NetSpring   based SCS Carbon Removal, a subsidiary   operators who would have otherwise needed
       Operational Intelligence platform to analyse   of Summit Carbon Solutions. The contract   to rely on spreadsheets for field personnel to
       real-time data gives our team members key   follows a previously announced MOU signed   properly capture the necessary details of these
       information to prioritise critical work, support  on March 28, 2022, for 51 carbon dioxide   events (of which there could be hundreds or
       quick response, and more effectively serve our   (CO2) reciprocating compression packages.   even thousands in a month). The solution
       customers.”                         This equipment will be used for Summit   ensures that volumes associated with the
         “Our strategic collaboration is based on a   Carbon Solutions’ proposed carbon capture   events are properly summed and allocated to
       shared vision for digital innovation,” said Vijay  and sequestration project, which is expected   the contributing wells and reports them in a
       Ganesan, co-founder and CEO, NetSpring.   to be the largest in the world if approved.   format that was not formally published by the
       “Unlocking the power of streaming data   This contract represents showcases Xebec’s   OCC until a couple of months before the first
       presents immense opportunities for an   expanding technology portfolio for carbon   C115B was due.
       always-on enterprise. Developing features   capture and sequestration.     P2’s solution is flexible enough for New
       with an industry leader, such as DCP   “We are pleased to be a key supplier   Mexico operators of all sizes (less than
       Midstream, enables us to deliver proven value   to Summit Carbon Solutions’ project for   500 wells to tens of thousands of wells)
       and impact to the midstream industry at   decarbonisation,” stated Jim Vounassis,   and enables each company to roll out the
       large.”                             president and CEO of Xebec Adsorption.   data capture to their field following their
       NETSPRING, April 11, 2022           “With this important order, we look forward   own internal reporting requirements and
                                           to helping bring this CO2 pipeline to fruition   codes. The solution also enables codes to be
                                           and playing our continued part in the global   translated to the OCC required codes, so
       MOVES                               energy transition,” he added.        when the OCC decided to include additional
                                              The equipment will be manufactured   data capture and reporting requirements
       Phillips 66 announces CEO           at Xebec Systems USA’s (formerly     around gas that fell under the category of
                                                                                beneficial use, P2 was able to accommodate
                                           UECompression) Colorado facility.
       transition plans                    XEBEC ADSORPTION, April 12, 2022     this as well.
                                                                                P2 ENERGY SOLUTIONS, April 12, 2022
       Phillips 66 has named its current president   P2 and its New Mexico
       and chief operating officer, Mark Lashier, as                            Clean Energy expands
       president and chief executive officer effective   customers collaborate
       July 1. Lashier will succeed Greg Garland,                               sustainable fuelling with
       who will remain as executive chairman of the   on critical ESG initiative
       board of directors until he retires in 2024.                             contracts for renewable
         Garland has led Phillips 66, which is   that captures venting and
       headquartered in Houston, for the past 10                                natural gas, more dairy
       years.                              flaring, ensures proper
         “Greg’s leadership and commitment to                                   development projects
       Phillips 66, our employees and our investors   reporting
       have been invaluable,” said Glenn Tilton,                                Clean Energy Fuels announced it
       lead independent director on the Phillips 66   P2 announced today that in partnership   continues to meet the growing demand for
       board of directors and chair of the board’s   with over 30 customers in New Mexico, of   renewable natural gas (RNG), a sustainable
       nominating and governance committee. “He   which six are top 10 producers, it successfully   transportation fuel made from organic waste,
       embodies our values of safety, honour and   delivered the necessary capabilities to satisfy   with new fuelling contracts, infrastructure
       commitment and our vision to provide energy   the New Mexico Energy, Minerals and Natural  expansions, and RNG production projects.
       and improve lives.”                 Resources Department’s (EMNRD) Oil     “More fleets are finding RNG to be the
       PHILLIPS 66, April 12, 2022         Conservation Commission’s (OCC) July 2020   most easy and cost-effective way to achieve
                                           41-page rule which regulates the venting and   significant carbon reductions,” said Chad
                                           flaring of natural gas from wells, production   Lindholm, Clean Energy’s senior vice
       ENERGY TRANSITION                   equipment, and facilities. Available in the   president for sales. “As we continue to see
                                           P2 Merrick suite, the solution satisfies the   growing demand for RNG, we’re working on
       Xebec Announces $113.5mn            requirements from data capture in the field,   the production side so that more customers
                                                                                can turn their sustainability goals into reality.”
                                           through production accounting and on to the
       order for CO2 capture and           new regulatory form C115B. This represents   CLEAN ENERGY FUELS, April 13, 2022
                                           an ESG initiative that was the result of months


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