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Atlantic Petroleum Show – June 20, 2018
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Trican Well Service Ltd. is pleased to announce that it will expand its fleet of next generation, low emissions fracturing equipment by upgrading a second set of existing pumping equipmentwith CAT Tier 4 dynamic gas blending engines.
Combined with Trican’s idle reduction technology, the fleet will lower overall fuel consumption and emissions, key components in Trican’s commitment to Environmental, Social and Governance initiatives.
The conversion to Tier 4 DGB engines will provide industry leading reductions in emissions and lower fuel costs for our customers.
The Company will be upgrading 48,000 hydraulic horsepower from conventional diesel engines to the Tier 4 DGB engines, bringing Trican’s total Tier 4 fleet to 84,000 HHP.
The Tier 4 DGB engine displaces 85% of diesel with clean burning natural gas, reducing CO2 and particulate matter emissions.
The Company is in advanced discussions with several customers on multi-year contracts that meet Trican’s required return metrics. These customers have made commitments to improve the sustainability of their operations and see the deployment of Tier 4 DGB powered hydraulic fracturing fleet as a critical part of their strategy to achieve their ESG goals.
Trican’s hydraulic fracturing equipment is specifically designed to meet the demands of the higher intensity regions of the WCSB, including the Montney, Duvernay and Deep Basin formations. These regions account for approximately 80% of the required hydraulic horsepower demand in Canada. Additionally, Trican’s fleet also includes an industry leading 170,000 HHP of conventional dual fuel engine Tier 4 fracturing pumps, which displace higher particulate diesel fuel with cleaner burning natural gas.
The existing dual fuel fleet will be complemented by an additional 48,000 HHP when the second Tier 4 DGB fleet with deployment anticipated to be spring of 2022. These investments reflect Trican’s commitment to becoming an industry leader in ESG practices by reducing the environmental footprint of our operations.
Headquartered in Calgary, Alberta, Trican provides a comprehensive array of specialized products, equipment and services that are used during the exploration and development of oil and gas reserves.
Source(s) and Image(s): Trican
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