Houston Oilfield Service Business Baker Hughes uses the Permian Basin in West Texas to debut a fleet of new turbines using excess natural gas from a drilling site to operate hydraulic fracturing equipment – reducing flaring, carbon dioxide emissions, people and equipment in remote locations.
Baker Hughes CEO Lorenzo Simonelli talked about the company's "electric evening" technology during a Tuesday morning investors call. The company said the first-quarter result fell more than half to $ 32 million from $ 70 million in the same period the year before. Revenue increased to $ 5.6 billion from $ 5.4 billion in the first quarter of 2018.
As production continues to exceed the pipeline construction in the Permian Basin, operators incinerate or flake, and estimate a total of 1
"We solve some of our customers' toughest challenges such as logistics, power and reduced flame gas emissions with products from our portfolio," Simonelli said during the conversation.
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Baker Hughes estimates that 500 hydraulic fractures are deployed in slate basins across the US and Canada. Most of them are powered by trailer-mounted diesel engines. Each fleet consumes more than 7 million liters of diesel per year, emitting an average of 70,000 tonnes of carbon dioxide and requiring 700,000 tankers to load diesel delivered to remote locations, according to Baker Hughes.
"Electric freight makes it possible to switch from diesel powered to electrically powered pumps powered by modular gas turbine generating units," says Simonelli. "This alleviates several limiting factors for the operator and the pressure pump company, such as diesel truck logistics, crowded gas handling, carbon emissions and the reliability of the pressure pumping. . "
Baker Hughes estimates that the 500 diesel car fleets require a combined 20 million horsepower of energy, which turns into a potential market to provide 15 gigawatts of electricity using gas-fired turbines. So far, eight electric carriers are deployed in Permian Basin
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Baker Hughes is not alone in developing technology to use natural gas that would otherwise be burned off. and Capstone Turbine from Van Nuys, California have developed similar technology to use overf delicate natural gas as a fuel to produce electricity.
"Manufacturers in Permian flaring enough gas every day to meet the household needs of every Texas," Colin Leyden, senior manager of the Environmental Defense Funds Austin office and author of a flaring report in Permian. "That kind of waste is unacceptable. On-site capture solutions like this are both welcome and necessary."
The Environmental Defense Fund asks the Railroad Commission, which regulates the oil and natural gas industry in Texas, to eliminate permanent flaring permits, requiring new technology to reduce flaring. improve emissions reporting and end a flared gas tax exemption.
"Flaring is a very visible example of an industry that continues to struggle with waste and pollution and ultimately challenges natural gas's ability to compete in the low carbon future," said Leyden. "The Railroad Commission and other regulatory agencies should look for ways to stimulate technologies like this. "
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Baker Hughes merged with the Oil and Natural Gas Division of the Boston General Conglomerate in July 2017. The combined company's turbine technology and electric shipping equipment come from plants in Italy that General Electric bought from Nuovo Pignone in December 1993.
With General Electric expected to dispose of its stake in Baker Hughes, the companies have already entered into a number of agreements in November that outline long-term cooperation Under the agreements, Baker Hughes will maintain access to and become the exclusive supplier clean of the technology.
With annual revenues of nearly $ 23 billion, Baker Hughes employs more than 64,000 people in 120 nations.
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