[GTUIT in the News]

GTUIT – AN INC. MAGAZINE 500 FASTEST GROWING PRIVATE COMPANY

Inc 500 ListGTUIT®, LLC has earned the 203rd position on Inc. magazine’s 2016 Inc. 500 list of fastest–growing private American companies.

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THE CASE FOR NEW GAS CAPTURE TECH

December, 2015

When it comes to getting gas flaring under control in the Bakken, the idea that opposites attract might provide the best solution to what has become a constant issue for the oil and gas industry. An unlikely coalition of organizations has completed a successful test of waste-heat-to-energy system that marries an old technology with a new one.

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GTUIT HELPS INTRODUCE INNOVATIVE TECHNOLOGY TO OIL PATCH

December, 2015

When it comes to getting gas flaring under control in the Bakken, the idea that opposites attract might provide the best solution to what has become a constant issue for the oil and gas industry. An unlikely coalition of organizations has completed a successful test of a waste-heat-to-energy system that marries an old technology with a new one.

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SOLVING THE ISSUE OF WELLHEAD GAS PROCESSING AND FLARING

November, 2015

In 2013, GTUIT introduced a mobile, scalable wellhead gas processing technology that recovers natural gas liquids (NGL) and produces a consistent, high quality, high-BTU dry gas stream. To date, the firm has produced more than 10 million gal.of NGL. The processed gas is used to power on-site power generation equipment or convert it into compressed or liquefied natural gas on-site.

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GTUIT WELLHEAD GAS PROCESSING TAKES A BIG BITE OUT OF THE FLARING ISSUE

October, 2015

Flaring of wellhead gas is one of the biggest challenges and opportunities facing the global oil industry today. The impact of human induced climate change is putting the spotlight on oil producers, pressuring them to do a better job to lessen the environmental impact of their operations. Typically a by-product of oil extraction, wellhead gas flaring dumps large amounts of volatile organic compounds (VOCs) into the air, and pumps out carbon monoxide, carbon dioxide and soot. Billions of cubic meters of wellhead gas are unnecessarily flared worldwide
every year.

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GTUIT ASSISTS HESS WITH INNOVATIVE PROJECT

September, 2015

GTUIT is assisting Hess with an innovative project using landfill gas technology for Bakken flaring solutions. A new technology that could help industry reduce the volume of flaring in North Dakota is being tested in the Bakken through the Environmentally Friendly Drilling (EFD) Program run by the Houston Advance Research Center (HARC).

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GTUIT/CATERPILLAR AND HESS BAKKEN GAS FLARING REDUCTION PROJECT SELECTED FOR AWARD OF EXCELLENCE AT 2015 WORLD BANK- GLOBAL GAS FLARING REDUCTION FORUM IN KHANTY-MANSIYSK, RUSSIA

September, 2015

Partners GTUIT, HESS and CATERPILLAR’s gas flaring reduction project has been selected as an award winner at the 2015 GGFR Excellence Awards. To date this project has recovered over 6 million gallons of NGLs. The project is currently recovering approximately 40,000 gallons of NGLs per day, has saved 45,000 tons of carbon dioxide (CO2) from entering the atmosphere, and saved 13,500 tons of volatile organic compounds (VOC) from entering the atmosphere.

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GTUIT MENTION IN CATERPILLAR NEW TECH Q+A

July, 2015

Caterpillar, the globally recognized machine and equipment provider, is expanding its reach into the oil and gas industries by providing flare capture and utilization solutions. In this Q+A with The Bakken Magazine, Caterpillar discusses the recent announcement of their equity investment in GTUIT, providing flare capture and gas treatment technology to the oilfield.

Source: The Bakken Magazine

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GTUIT UNITS FEATURED IN HESS CORP GAS CAPTURE PROGRAM ARTICLE

June, 2015

GTUIT’s units are featured in this front page story in reference to Hess Corp’s aggressive gas capture program. Hess Corp has installed 15 of GTUIT’s mobile field natural gas stripping units, these units are used on remote locations to strip and freeze NGLs as an alternative to flaring.

Source: Oil Patch Hotline

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