Gradiant Launches Oilfield Services Subsidiary
Source Gradiant
Gradiant announced the formation of its oilfield services company Gradiant Energy Services (GES). The wholly owned subsidiary provides services for economic, efficient, and environmentally friendly treatment, reuse and recycling of water in the oil and gas industry.
The formation of GES follows more than three years of implementation of Gradiant’s technologies in the produced water treatment market. Founded by a team of engineers from the Massachusetts Institute of Technology (MIT), Gradiant has developed a number of proprietary water treatment technologies that are currently in use in the Permian Basin and the Marcellus Shale.
GES brings methods to bacteria treatment, clean brine recycling, desalination and evaporative brine concentration. With these approaches, operators can treat contaminated water with fewer chemicals and less energy.
Adding to Gradiant’s four previous 10,000 BPD build-own-operate recycling projects, GES enters the market with several new applications in the Permian Basin and the Marcellus Shale that will be delivered and commissioned in 2016, including:
- A 500 BPD Carrier Gas Extraction (CG) brine concentration system in the Marcellus Shale;
- A 1.5 million barrel storage pit disinfection system in the Permian Basin;
- A 10,000 BPD clean brine recycling system in the Permian Basin; and
- Multiple 100 barrels per minute on-the-fly disinfection systems in the Permian Basin.
“The creation of Gradiant Energy Services represents a major milestone for our company. We have brought our technologies to a fully commercial level of maturity, which is also indicated by increasing customer adoption and confidence,” said Anurag Bajpayee, co-founder and CEO of Gradiant. “Creating an energy-focused subsidiary lets our thriving oilfield services business continue on its growth trajectory, while allowing the technology team to focus on continued innovation, commercialization and international partnerships to benefit our work across multiple industries and regions.”
Source: Gradiant