LNG

Permian Basin activity hit an all-time high in March 2022, with more than 900 permits awarded for horizontal drilling for new wells, driven by increasing oil prices and production demand in the basin with abundant associated natural gas.

Edge LNG, a US company involved in delivering LNG to market by converting stranded and flared natural gas, has unveiled its new facility in Midland in Texas to meet growing demand for its services.

The new premises will hold operating equipment of both Edge LNG and Galileo Technologies, it’s exclusive technology partner, and will additionally be home to the first training center for both companies.

Located in the heart of the Permian Basin, the 10,000 square feet premises allows Edge LNG access to all major transport links which are vital in the transportation of LNG.

The new site will act as a focal point for Edge LNG’s Permian operations, bringing the company closer to its customers.

It will allow customers to see equipment first-hand and offer the opportunity to attend training sessions to better understand the company’s business model and operations.

“This is an exciting time for the LNG market and after a challenging year we are seeing growth in the Permian,” said Jonathan Brignac, Vice President of Business Development at Edge LNG.

“Not only does the opening of our facility underline our commitment to our customers, it highlights our commitment to the Permian, where we see so much opportunity and potential to expand our business,” added Brignac.

“Our investment here allows us to provide a cleaner alternative to diesel for operators, replace the need for flaring or venting and unlock the potential of stranded wells,” he explained.

Edge LNG has marketed the trade-marked Cryobox-Trailer, designed and manufactured by Galileo Technologies.

Each unit can produce around 10,000 gallons (15 metric tons) of LNG per day, directly from the well or flare.

Galileo Technologies is both an investor and exclusive technology partner of Edge LNG.

Edge LNG said its new office is located at 6412 S County Road in Midland.

The company said its proven Cryobox technology is ideal for mobile liquefaction and is delivered by trailer.

Each Cryobox unit can begin production within hours and can convert 1 million BTU of gas per day.

Founded in 2018, Edge LNG’s unit, Edge Gathering Virtual Pipelines 2 LLC, purchases the Cryobox units directly from manufacturer Galileo Global, which is also a shareholder.