GTUIT®, LLC has earned the 203rd position on Inc. magazine’s 2016 Inc. 500 list of fastest–growing private American companies.
January, 2018
Brian Cebull, President and CEO of GTUIT documents the flaring market and potential for Bakken flare reduction with an article titled “Reducing gas flaring delivers economic and environmental benefits” in January 2018 issue of World Oil. He outlines the history and future of flare reduction with the environmental and economic benefits available to Bakken producers.
December, 2017
North American Shale Magazine documents GTUIT’s growth, dominant position in the well site gas processing and flare capture market in the Bakken and expansion into the Colorado DJ Basin.
April, 2017
GTUIT has been working closely over the past several years with Montana Manufacturing Extension Center (MMEC). MMEC has been helping GTUIT anticipate manufacturing issues and problems as GTUIT has undergone it’s phenomenal growth. Jointly the two groups have worked together to help GTUIT become ISO 9001:2008 Certified and to help the firm meet all the government standards to be an exporter.
January, 2017
GTUIT was Montana’s fastest growing company last year, reaching the 203rd position on Inc. magazine’s 2016 Inc. 500. The firm grew 1,894 percent over three years and earned $10.9 million in revenue in 2015. GTUIT was Launched in 2011 by three engineers with decades of experience in the Bakken oil fields. After convincing their first customer to fund the prototype, the co-founders developed a process that cuts emissions and puts flare gas to use instead of burning it as waste. In 2015, GTUIT received equity investment from Caterpillar Oil & Gas and an award of excellence from the World Bank Global Gas Flaring Reduction Partnership.
November, 2016
The release of flared natural gas into the atmosphere is a global issue. It’s wasting natural resources, costing energy companies money and harming the environment. GTUIT, a manufacturer of mobile gas treatment systems in which Caterpillar is a minority shareholder, has a proven economic and environmental solution—one that’s already making a big difference in the Bakken oilfield.
September, 2016
Billings-based GTUIT, LLC has earned the 203rd position on Inc. magazine’s 2016 Inc. 500 list of fastest-growing private American companies with a three- year revenue growth rate of 1,894%. For 35 years, Inc. has tracked the fastest-growing private companies which have included firms like Microsoft, Under Armor, Oracle and Yeti Cooler.
GTUIT stands out because it is one of a very small group of this year’s 500 fastest growing companies that serves the energy industry.
April, 2016
GTUIT provides well site gas conditioning for the Galileo Cryobox Nano. GTUIT conditions the associated gas using two GTUIT FCS 1000 MCFD units that process the raw gas by removing the natural gas liquids and moisture and providing a consistent feedstock for the Galileo Cryobox. Terra Energy is a subcontractor to GTUIT and liquefying gas from GTUIT’s client on a well site in North Dakota.
February, 2016
A Billings-based business looking to expand globally has turned to a new program at Montana State University’s Montana Manufacturing Extension Center (MMEC) to find the best way to get its services and products to customers around the world.
GTUIT recently completed the second in the MMEC’s four-part Supply Chain Optimization program. The program was developed by the National Institute of Standards and Technology’s Manufacturing Extension Partnership (NIST/MEP) with input from leading industry experts.
January, 2016
The federal government late in the week estimated U.S. oil stocks at the highest point in 80 years. That’s bad news for the area formerly known “Saudi Arabia” of American oil, an area where higher-than-average production costs and long distances to market make the current pinch of low oil prices pretty painful. A barrel of West Texas Intermediate crude was selling for $32 Friday, after falling to $28 midweek. Yet oil production keeps on pumping for several reasons.
December, 2015
Mobile gas capture and natural gas extraction units from Gtuit are helping Enerplus reduce its flare gas – and maintain production – on the Fort Berthold Indian Reservation in North Dakota’s Bakken oilfield, says Caterpillar, a minority owner of Gtuit.
