APG to supply dual-fuel generators to drilling rigs
American Power Group has received US$ 750 000 in follow-on purchase orders since 1st October 2013 from Collicutt Energy Services, for additional dual-fuel generators.
The orders are for the upgrade and conversion of additional diesel generators on drilling rigs using APG’s Turbocharged Natural GasTM Dual Fuel System. The customers receiving these generators are ranked among the top oil and gas exploration and drilling companies in Canada and North America.
Comments
Collicut Energy Services CEO, Steven Collicutt, commented: “Many of our customers drill under some of the harshest operating conditions in North America. The proven reliability, performance and economic returns of the APG dual fuel solution under these circumstances has led to increasing demand from new and existing customers”.
“APG provides our customers with a significant competitive advantage in a very bottom-line driven industry. Several of our oil and gas drilling and service company clients estimate a potential annual net fuel savings of over US$ 1 million per drilling rig using APG’s dual fuel solution,” Collicutt added.
APG CEO, Lyle Jensen, stated: “We are pleased to see continued strong interest in the Canadian market from some of the leaders in the oil and gas drilling services market. We are already over 250% of last year’s Canadian revenue and anticipate our penetration into the Canadian market to accelerate through our relationship with Collicutt Energy Services.”
“In addition to the fact our Canadian customers continue to see over 50% diesel displacement ratios, we feel the fact that APG’s dual fuel system was the first and remains the only solution to obtain CSA Inspection and Acceptance stickers in the oil & gas industry to be a strong selling point. Similar to Underwriters Lab (UL) approval in the United States, the CSA Inspection and Acceptance mark shows that a product has met CSA’s recognised standards for safety and performance,” Jensen concluded.
World LNG Fuels 2014
Jensen presented at the World LNG Fuels Conference in Houston, Texas, on the 23rd January, where he discussed APG’s dual fuel glider conversion technology as well as recent customer success stories using liquefied natural gas (LNG) as an alternative transportation fuel.
Adapted from press release by Katie Woodward
Read the article online at: https://www.oilfieldtechnology.com/exploration/24012014/apg_to_supply_generators_to_drilling_rigs_375/
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