With mounting environmental mandates and continued pressure to manage lease operating expenses, electrifying oil and gas production makes more sense than ever. Each production area has unique characteristics. A comprehensive electrification plan can identify options you may not have thought of.
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The passage of the Infrastructure Investment and Jobs Act (IIJA) and the Inflation Reduction Act (IRA) in 2022 has spurred infrastructure spending and development that will continue throughout this decade. The incentives and funding opportunities available could transform power system infrastructure, eventually benefiting even the unique needs of oil and gas producers.
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Reliability, emissions reduction and cost savings are some of the biggest reasons to invest in electrical infrastructure supporting oilfield production assets. When oil and gas exploration and production (E&P) companies begin to recognize the potential of oilfield electrification efforts, they can be eager to jump in and pursue quick, easy wins.
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Though oil and gas producers face volatile markets, investment in converting to grid power can pay off with savings, reliability and environmental gains.
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With many oil and gas companies planning for future alternative energy needs, a confidential client in West Texas requested our team help plan and implement upgrades that connected existing assets to a private electric grid.
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Weighing the pros and cons of oil and gas wellfield electrification can be a challenging process. Approaching these decisions in an orderly and systematic manner can deliver results that meet operational needs.
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Getting electricity to oil and gas wellfields can be a complicated endeavor. Under normal circumstances, it may take years for a utility to build power infrastructure needed by oil and gas producers. However, a number of win-win strategies are available to help smooth the rough roads ahead.
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The decarbonization movement is gaining steam, and its impacts are reaching further into all industries. In addition to growing carbon-neutral commitments from companies and governments worldwide, Wall Street has taken note as investors shift attention to environmental, social and governance (ESG) opportunities. An ESG-focused company attracts capital through sustainable, responsible and ethical business operations — such as carbon footprint reductions — while maintaining positive returns.
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Oil and gas production and delivery to midstream refiners consumes significant amounts of energy. The costs associated with this energy routinely rank as a top lease operating expense (LOE) for operators, which offers a significant opportunity for savings.
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As expansive solar and energy storage projects spread across the globe, so does the common misconception that executing these projects is simple. Construction for a solar field may appear less cumbersome than for a combined-cycle power plant, but that does not mean expensive and potentially detrimental issues could not arise. The assembly-line nature of installing thousands of photovoltaic (PV) panels or batteries on a site means that one mistake could be repeated over and over again.
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Project Manager
24 Years of Experience
Business Development Director
15 Years of Experience
Business Development Manager
13 Years of Experience
Senior Project Manager-1898
35 Years of Experience
Business Development Director-1898
16 Years of Experience
Director of Engineering
15 Years of Experience
Senior Environmental Scientist
13 Years of Experience
Project Manager | Senior Geospatial Consultant
14 Years of Experience
Department Manager
35 Years of Experience
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