American Oil and Gas Reporter - May 2024 - 83

IndustryFocus: Companies, People and Products
NuBlu, CNX Pioneer Ways To Manufacture CNG, LNG
CENTER, TX.-NuBlu Energy and
CNX Resources Corp. have jointly unveiled
two solutions they predict will revolutionize
compressed natural gas and microscale
liquefied natural gas production. Dubbed
ZeroHP CNG and Clean mLNG, these
technologies represent step changes in
the scale and efficiency at which production
can occur, NuBlu and CNX say.
ZeroHP CNG eliminates the need for
mechanical compressors, the companies
say. Instead, they explain, the technology
exploits high gas pressures found naturally
in deep shale formations, a previously
untapped renewable energy source called
Geobaric Energy™.
Such energy is being harnessed using
CNX's patent-pending technology in a
first-of-its-kind application at a facility in
Southwest Pennsylvania, CNX relates.
According to the company, ZeroHP CNG
reduces the capital and operating costs,
Altira's Fund VII Targets
Growth-Stage Innovators
DENVER-Altira Group LLC has
closed Altira Technology Fund VII, which
the company says will support oil and
gas companies that can lead the industry
toward a lower carbon and higher-return
future through cutting-edge technology.
" We are thrilled to have the backing
of industry leaders who share our vision
for enabling the next evolution of oil and
gas, which we call OGNext®
environmental footprint and maintenance
necessary to produce CNG, and fills CNG
trailers quickly and without refrigeration.
The Clean mLNG system leverages
both Geobaric Energy and NuBlu's
methane-only refrigeration technology,
mLNG, to bring cost savings and environmental
benefits to LNG production,
CNX and NuBlu report. The companies
suggest that Clean LNG provides a path
for upstream operations to achieve zero
Scope 1 and Scope 2 emissions.
" Converting Appalachian-produced
natural gas to CNG and LNG unlocks
significant cost savings and a decentralized
decarbonization solution that
can transform regional sectors, including
transportation, manufacturing, aviation,
heating and power generation, among
others, " says Ravi Srivastava, CNX
president of new technologies. " We are
excited about what's in store for us,
NuBlu and the entire region with these
innovative ZeroHP CNG and Clean
mLNG solutions. "
For more information about those solutions,
visit www.nubluenergy.com. ❒
Turnco Buys Drill Spec
To Strengthen Services
HOUSTON-Turnco LLC says it is
doubling its capabilities in the oil country
tubular goods domain by acquiring Drill
Spec Services.
Turnco notes it has provided downhole
drilling tool asset integrity and quality
assurance services for 14 years. The
company says integrating Drill Spec's
assets will expand its service offerings
significantly, especially in West and
South Texas.
" This is a transformative moment for
Turnco and our customers, " assesses Lonnie
Smith, Turnco's president and cofounder.
" By doubling our OCTG capabilities,
we are not just expanding our
service offerings; we are elevating them.
This acquisition enables our West Texas
and South Texas business units to deliver
even more exceptional service and support
to our growing customer base. "
Anthony Cooper, who served as president
of Drill Spec Services, will retain a
role within Turnco that includes level III
advisement and business development. ❒
, " says Dirk
McDermott, Altira's founder and managing
partner. " Together, instead of transitioning
away from oil and gas, we will not only
empower the next generation of innovators
to responsibly transform how we explore,
produce and manage energy resources,
but we will export technologies born in
oil and gas to other sectors. "
According to Altira, Fund VII focuses
on growth-stage investments in transformative
technologies across the entire energy
value chain, including digital, automation
and emissions reduction solutions,
as well as tools for enhancing operational
and financial performance across
subsurface, development and production.
Altira says it has a distinguished record
of recognizing and fostering groundbreaking
technologies within the oil and
gas industry. Its Fund VI portfolio companies
include ResFrac, Seeq, FlexGen,
ThoughtTrace and iNet.
For more information, visit https://altiragroup.com.
❒
MAY
2024 83
Farwest Corrosion Control
Co.'s first e-book, " Beneath
the Surface, " offers tips and
insights to help readers address
corrosion control and
cathodic protection issues,
Farwest says. The book
draws on the company's
65-plus years of experience
to equip both newcomers
and seasoned professionals
with practical strategies for
everyday challenges, such
as pipeline integrity, storage
tank preservation and structural
reinforcement, Farwest
details. The company says
the complimentary book's
expert advice makes it an
invaluable tool for protecting
assets. To download a
copy, visit www.farwestcorrosion.com
and look for a
link to the book under
" News and Updates. "
http://www.nubluenergy.com http://www.farwestcorrosion.com http://www.farwestcorrosion.com https://altiragroup.com https://altiragroup.com
American Oil and Gas Reporter - May 2024

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