[NEWS]

As the innovative industry leader in mobile flare gas capture, GTUIT is in the news. Follow the latest reports our mobile flare gas capture system, Mobile Midstream partnerships and other exciting company initiatives.

GTUIT FACILITATES FIRST WELLSITE LNG PRODUCTION

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.

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GTUIT AND ECO-TEC REACH WORLDWIDE AGREEMENT TO PROVIDE H2S SOLUTIONS

March, 2016

GTUIT®, LLC announced a worldwide supply agreement with Eco-Tec, Pickering, Ontario, Canada ( www.Eco-Tec.com ) for GTUIT to distribute Eco-Tec hydrogen sulphide (H2S) gas treatment equipment into the worldwide upstream oil and gas production market. The multi-year agreement provides access of Eco-Tec equipment to the oil and gas market and allows GTUIT to expand its line of proven well site gas conditioning equipment. The GTUIT line of Eco-Tec equipment will be branded GPUR for the oil and gas industry.

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MSU’S MONTANA MANUFACTURING EXTENSION CENTER OFFERS TRAINING TO HELP MONTANA MANUFACTURERS BETTER DELIVER PRODUCTS AND SERVICES TO THEIR CUSTOMERS

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.

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GTUIT RAISES ADDITIONAL FINANCING

February, 2016

GTUIT®, LLC announced today raising additional financing from the continued support of its investors through exercise of options. As part of a preferred round of financing, investors received options to purchase additional units of the same class for a one year term. The one year term expired in December of 2015 with a majority portion of the options being exercised.

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OIL COMPANIES IN THE BAKKEN KEEP WORKING DESPITE LOW PRICES

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.

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ENERPLUS CUTS FLARE GAS WITH CAT- GTUIT EQUIPMENT

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.

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HESS, WORLD BANK AND GTIUT IN OIL PATCH HOTLINE

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.

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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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