Caterpillar Oil & Gas: operators reduce diesel use by 100 million gallons
Published by Alfred Hamer,
Editorial Assistant
Oilfield Technology,
Caterpillar Oil & Gas has announced that North American pressure pumping operators using the Cat® Tier 4 Dynamic Gas BlendingTM (DGB) system reduced diesel consumption by approximately 100 million gallons in 2023. This outcome, quantified via telemetry, signals that pressure pumping operators significantly lowered fuel costs by leveraging the DGB solution.
In 2019, Caterpillar Oil & Gas introduced its Tier 4 DGB system to optimise dual fuel blending and help operators reduce fuel consumption and costs. The company later began tracking performance data for the system.
The 2023 data was obtained from connected assets in North America and spanned all operating conditions. The data showed an average diesel displacement rate of 60% for the fleet over the year with a common peak displacement average of 85%. With the US Energy Information Administration listing the average annual price of diesel during 2023 at US$4.21/gallon, operators’ overall savings on diesel costs with Tier 4 DGB system totalled hundreds of millions of dollars for the year.
“As oil and gas companies continuously seek ways to reduce fuel consumption and costs while meeting energy demands, this data demonstrates that our Tier 4 DGB system plays an important part in achieving those goals,” said Derek Kamp, Caterpillar Oil and Gas Vice President and General Manager. “This success in the field underscores our commitment to innovation and empowering pressure pumping operators to improve operational efficiency.”
Read the article online at: https://www.oilfieldtechnology.com/drilling-and-production/25092024/operators-reduce-diesel-use-by-100-million-gallons/
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