Page 16 - NorthAmOil Week 07 2023

NorthAmOil NEWS IN BRIEF NorthAmOil

announced the acquisition of well Calfrac Well Services lower methane emissions
construction cementing specialists DeltaTek
Global. ensure reliable hydraulic intensity
The acquisition allows Expro to broaden its
offering, capabilities, and technology portfolio fracturing As part of its commitment to reduce its scope
within the well construction cementing sector, 3 emissions by 10% by 2030 and to reduce
while accelerating DeltaTek’s international Calfrac Well Services, one of the largest the lifecycle carbon intensity of ammonia
deployment ambitions through Expro’s global hydraulic fracturing companies based on production, CF Industries Holdings today
footprint. horsepower (~1.3mn horsepower) is using announced that it has entered into an
Expro’s chief technology officer Steve KCF Technologies Machine Health Platform agreement with bp for the supply of 2.2bn
Russell said: “This is an exciting transaction to reduce downtime and increase productivity. cubic feet (bcf) of certified natural gas in 2023.
for Expro that we believe will deliver real value Calfrac’s services include hydraulic fracturing, MiQ-certified natural gas, or certified gas,
to our combined customer base. The DeltaTek coiled tubing, cementing, and other well is produced by companies whose operations
range of low-risk open water cementing stimulation techniques designed to help are independently verified by a third-party
solutions increases clients’ operational increase the production of oil and natural gas. auditor. These third parties provide a factual
efficiency, delivers rig time and cost savings, Operating in western Canada, United States, assessment of methane emissions intensity –
and improves the quality of cementing and Argentina, Calfrac has fully deployed the ratio of methane emissions to natural gas
operations for our clients. KCF Technologies’ Platform across all 10 of its produced. CF Industries uses natural gas as
“Today’s announcement expands our well fleets in the US. a feedstock in the production of ammonia.
construction cementing capabilities through The relationship between Calfrac and KCF Methane emissions throughout the natural
DeltaTek’s open water cementing systems Technologies started in 2021 with one fleet gas supply chain are a significant contributor
and techniques. These strengths, technologies and quickly accelerated to cover all their US to the lifecycle carbon intensity of ammonia
and ambitions complement Expro and we are based fleets. This acceleration has led to a production and one of the two largest sources
delighted to welcome the DeltaTek team to the 6x ROI and an estimated $10.5M in savings of Scope 3 emissions for the Company.
Expro family.” for 2022. The largest contributor of savings The natural gas is certified using not-
Aberdeen-based DeltaTek has an last year came from Clean Boost Pump for-profit MiQ’s methane standard, which
experienced leadership team focused Optimization, Split Stream optimization, and leverages independent third-party auditors to
on developing and deploying cementing fully integrating RPM, Pressure, and Gear monitor, address, and grade the natural gas
technologies to the offshore market, with Data into KCF’s Comprehensive Machine used in ammonia production. The Company
operations across the UK, Norway, the Gulf of Health platform, SMARTdiagnostics. will use the highest level of certified gas
Mexico, West Africa and Asia Pacific. In 2022, four key benefits were identified available, or ‘A’ grade, which – when compared
Commenting on the acquisition, Tristam as big wins for the Calfrac and KCF teams that to industry production averages (GREET,
Horn, CEO and founder, said: “The team and were collaborating on the deployment: 2022) – lowers the methane emissions
I are delighted to announce this milestone The deployment helps eliminate of associated with the natural gas purchased by
for DeltaTek. To join Expro, a leader in the catastrophic failures, prioritise maintenance around 90%. This is the first known purchase
industry, is a monumental moment for the to maximise efficient planned downtime, of certified gas by an industrial company for
company, our existing clients, and the wider increase safety benefits by reducing number use in its ammonia production processes.
industry as we continue to innovate and grow of catastrophic failures; and reduces pump “CF Industries is the first industrial
the Cure and ArticuLock portfolios to directly cavitation leading to longer fluid end life. giant to use MiQ-independently certified
address well construction challenges. With KCF TECHNOLOGIES, February 14, 2023. natural gas to significantly reduce scope 3
Expro’s global footprint and strong customer emissions from its production processes,” said
base, we expect to deliver our technology Georges Tijbosch, CEO, MiQ. “We’ve seen
to all operators across the entire well ENERGY TRANSITION multiple utilities across in the US purchase
construction market through existing Expro independently certified gas to reduce their
channels, simplifying the global adoption of CF Industries announces emissions, and this key commitment by
our value-adding services for our customers.” CF Industries should be a trigger for other
EXPRO, February 9, 2023 purchase of 2.2bn cubic natural gas users in hard to abate industries
to prioritise the minimisation of their supply
KCF Technologies helps feet of natural gas with chain emissions through certification.”
CF INDUSTRIES, February 15, 2023

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