Edge Gathering Virtual Pipelines 2 (EDGE), the pioneer in LNG by converting stranded and flared natural gas, has produced and delivered its first LNG in the United States.
With no need for pipelines, EDGE is the first viable route to market for stranded gas reserves, and an alternative to flaring or venting associated gas from oil production, EDGE said in its statement on Tuesday.
The company began on-well-site LNG production in the U.S. on May 7, 2019, accessing Marcellus gas in Pennsylvania, and making truck-delivered LNG sales to its first customers, which include Emera Energy Services.
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.
The EDGE virtual pipeline works by deploying Galileo Global Technologies’ Cryobox LNG production and liquefaction equipment at natural gas wells and delivering the LNG to customers. EDGE Cryobox units 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.
Mark Casaday , CEO of EDGE added that it is estimated that stranded wells account for up to 60 percent of global reserves, and up to 20 percent of those drilled in Marcellus, showing the scale of this untapped resource.