Trident Resources Technology Acquired by American Power Group
Is to Make APG a Fuel Supplier as Well as a Dual Fuel Engine Converter
American Power Group said this morning that it’s acquired proprietary “NGL” (natural gas liquid) technology from North Dakota’s Trident Resources, LLC and will use it to boost the supply of flare gas-derived fuel in the Bakken region of North Dakota.
APG, which converts engines to run on a dual fuel mix of natural gas and diesel, is stepping up its role in fuel supply. The new Bakken product is intended for both natural gas vehicles and for stationary engines operated in the E&P sector –energy exploration and production outfits.
The company says it will be first in the Bakken to produce premium quality natural gas for vehicular use.
Targeting High-BTU Flare Gas
“APG purchased substantially all of Trident’s operating assets including two existing mobile NGL operating systems currently servicing remote or stranded well-sites for one of the top five E&P companies in the Bakken region,” states this morning’s release.
APG further reports a verbal commitment for $3.25 million of additional project lease financing from existing shareholders and investors to “immediately” build two additional NGL operating units.
‘We Want to Capture that Methane’
“These next generation NGL systems will include the first NGL system that will have the capability to convert the high-BTU flared gas into a premium quality natural gas for APG vehicular and stationary dual fuel engine conversions as well as any of the dedicated natural gas engines in the region,” APG CEO Lyle Jensen says in the release.
“We want to capture that methane,” he told F&F.
“Currently, most mobile NGL processor technology can only capture 70% to 75% of the total flare to liquefy for sale,” APG says, stating that the Trident NGL technology should enable 90% capture rates.
‘Premium Quality Natural Gas’
“Importantly, the new NGL process will be able to produce a premium quality natural gas capable of being used for both stationary and vehicular APG dual fuel applications.”
The Trident NGL system is modular, built on mobile skids and trailers “for scalability and ease of transfer from site to site to optimize E&P flare capture rates,” APG says.
APG is using the tradenames “Fueled By Flare” for its new fuel supply activity and “Flare To Fuel” to denote the Trident NGL process.
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Source: American Power Group with HHP Insight follow-up