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EDGE produces first well-site LNG in USA to create a 'virtual pipeline'

20/06/2019
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Across the US shale operators are producing vast amounts of natural gas, but due to limited pipeline networks much of this has to be flared, wasting a valuable commodity. Until now. ‘Virtual pipeline’ pioneer EDGE, has produced its first well-site LNG in the USA opening up a route to market for gas reserves that are beyond the reach of conventional pipelines.
EDGE produces first well-site LNG in USA to create a 'virtual pipeline'
(Image via EDGE).

With no need for pipelines, EDGE’s solution is the first viable route to market for stranded gas reserves, and a revenue generation alternative to flaring or venting associated gas from oil production.

EDGE began on-well-site LNG production in the US on May 7th 2019, accessing Marcellus gas in Pennsylvania, and making truck-delivered LNG sales to its first customers, which include Emera Energy Services, Inc. To date, EDGE has delivered over 30,000 gallons of LNG to a delivery point at a New England gas utility over 300 miles away from the Marcellus production site.

EDGE’s virtual pipeline works by deploying transportable Cryobox LNG production and liquefaction equipment ‘at the source’ – natural gas wells – and delivering the LNG directly to customers’ doorsteps. The EDGE Cryobox units fit on a standard 40 ft tractor trailer and are designed to be quickly and easily connected, and disconnected, from feedstock gas wells. Units are also self-powered using produced gas, removing the need for a grid connection.

Whilst the creation of virtual pipelines will undoubtedly bring environmental benefits, EDGE is primarily pitching its solution as way for owners of stranded gas wells to monetise assets which otherwise would go to waste. According to a statement on EDGE’s website:

‘For owners of stranded gas wells, or oil producers forced to flare or vent associated gas, EDGE is a revolutionary way to monetise otherwise uneconomic assets. As a scalable and modular solution, EDGE requires minimal capex and opex investments that rise in parallel to the production curve, ensuring a compelling financial case for asset owners. For LNG buyers, EDGE offers a new source of high-quality, low cost LNG that can be delivered anywhere. By sourcing otherwise “wasted” gas and avoiding pipeline costs, EDGE will be among the most competitive suppliers of truck-delivered LNG worldwide.’
EDGE's virtual pipeline solution creates a viable route to market for stranded gas reserves, and a revenue generating alternative to flaring or venting.
(Image via EDGE).

Mark Casady, Chief Executive Officer of EDGE, describes how his company is taking a proven concept and applying it to the US oil and gas industry:

“It is estimated that stranded wells account for up to 60% of global reserves, and up to 20% of those drilled in Marcellus, showing the scale of this untapped resource.”

“The virtual pipeline model has already been deployed in Mendoza, Argentina, where the first LNG-fuelled power plant running entirely on previously stranded gas, is now well established. Now we’re bringing this innovation to the US and rest of the world. With EDGE, well-owners can monetise these assets for the first time, and the market benefits from the lower cost and highest quality LNG available.”

EDGE claim that their LNG virtual pipeline solution is suitable for use anywhere in the world where stranded, flared or vented gas is an issue. The World Bank estimates 140bn cubic metres of gas are flared globally each year, emitting 300m tons of CO2 and wasting enough gas to provide 750bn kWh of electricity, or more than the African continent’s current annual electricity consumption.

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Tags: Oil & Gas
Recent Comments
This project by edge is not he first such scheme in North America. In fact, there are plenty such schemes in operation worldwide, see one of my recent reports on the topic at https://www.nicnewmanoxford.com/?s=virtual+pipelines
Nicholas Newman, 24 June 2019
Hi Nicholas, Many thanks for your comment. We were writing about how this was the first time that EDGE had produced well-site LNG, rather than it being the first virtual pipeline project per se (but having re-read the article I understand we probably didn't make that too clear). I'm a keen follower of your work by the way! Thanks again, Matt
Matt Donnelly, 24 June 2019
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EDGE produces first well-site LNG in USA to create a 'virtual pipeline' - Time to read 4 min
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