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.
Read Full Article
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.
Read Full Article
December, 2015
How do you meet ever-stricter flare gas capture requirements in an area with limited oil and gas infrastructure? For North American energy producer Enerplus, the answer includes innovative mobile gas capture and natural gas extraction units from GTUIT, a manufacturer in which Caterpillar is a minority shareholder.
Read Full Article
December, 2015
An award of excellence for reducing natural gas flaring was given to Hess Corp and GTUIT by the World Bank Group. The Billings-based GTUIT is running 15 field units at Hess well sites in North Dakota, processing 10 Mmcf a day. The partnership is currently selling 35,000 gallons of NGLs and prevented 55,900 tons of carbon
dioxide from going into the atmosphere.
Read the full article
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.
Read the full article
December, 2015
How do you meet ever-stricter flare gas capture requirements in an area with limited oil and gas infrastructure? For North American energy producer Enerplus, the answer includes innovative mobile gas capture and natural gas extraction units from GTUIT, a manufacturer in which Caterpillar is a minority shareholder.
Read Full Article
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.
Read Full Article
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.
Read Full Article
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.
Read Full Article
October, 2015
Oil & Gas 360® spoke with Brian Cebull, President and Chief Executive Officer of GTUIT®, from his office in Billings, Montana, in this exclusive interview.
Read Full Interview Here
GTUIT®, LLC has earned the 203rd position on Inc. magazine’s 2016 Inc. 500 list of fastest–growing private American companies.
