Edge LNG has agreed to help a major upstream operator maximize natural gas production in the Marcellus shale basin. Under a new contract, the company will use its portable, small-scale gas liquefaction technology to recover gas recovered from stranded wells in Tioga County, Pennsylvania.
Since these stranded reserves cannot be reached by pipeline, Edge LNG will send Cryobox liquefaction units and other equipment to the drilling sites by truck. The company is capable of setting equipment clusters up quickly and starting production within just a few hours of the truck’s arrival at each well.
Edge LNG plans to buy the liquefied natural gas (LNG) it produces and deliver it to existing customers in areas near the Marcellus formation. It will use its truck fleet as a virtual pipeline to bring fuel to consumers.
Mark Casady, Edge LNG’s CEO, noted that the deal would allow the upstream producer to send its gas to market along an economically viable route. “We provide operators with an opportunity to profit from wells that would otherwise not be used, and we make it into valuable fuel,” he commented.