CNX and Dynamis Power Solutions Unveil Next Generation Electric Powered Drilling System
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CNX Resources Corporation and Dynamis Power Solutions entered into an innovative ESG agreement to introduce the Appalachian Basin’s first electric powered drilling system fueled entirely by on-site natural gas.
The Dynamis Gas Hybrid Drilling Package combines high efficiency continuous duty natural gas reciprocating power generation with battery energy storage technology to decrease engine emissions, reduce fuel consumption, and optimize the complete power system operation.
“We’re pleased to once again be the first mover on new technology that advance sustainable and state-of-the-art natural gas development in the Appalachian Basin,” said CNX Chief Operating Officer Chad Griffith.
“Our partnership with Dynamis advances our position as the region’s lowest cost producer, while continuing to drive meaningful environmental and community solutions in what is already the world’s most prolific and environmentally friendly natural gas basin,” added Griffith.
In 2018, CNX entered into the first long-term agreement for a 100 percent electric hydraulic fracturing fleet in the Appalachian Basin. Building on its record of technology innovation and ESG leadership, earlier this year, CNX announced a four-year extension of the initial e-frac agreement.
“Dynamis is excited to deliver our engineered hybrid solution as a cleaner path to power in the drilling space. CNX is a trusted partner that aligns with our relentless pursuit of sustainable energy through disruptive technologies. Together, we are setting the sustainable and innovative standard for drilling power,” said Dynamis CEO Matt Crawford.
The hybrid natural gas system eliminates diesel fuel consumption on pad for drilling rig operations and, as a result, CNX expects significant annual fuel savings in addition to C02 and NOX emission reductions.
CNX has developed proprietary technology to produce compressed natural gas and hydrogen on-site, among other fuel alternatives. The partnership with Dynamis provides the ability to further transition the fuel mix to hydrogen-enriched natural gas to power the drilling rig and further reduce greenhouse gas emissions.
CNX intends to begin utilizing this technology in the field during the second quarter of 2023.
About CNX Resources Corporation
CNX Resources Corporation is a premier natural gas development, production, midstream, and technology company centered in Appalachia, one of the most energy abundant regions in the world. With the benefit of a 158-year regional legacy, substantial asset base, leading core operational competencies, technology development and innovation, and astute capital allocation methodologies, they responsibly develop resources and deploy free cash flow to create long-term per share value for shareholders, employees, and the communities where they operate.
To stop by CNX’s website, CLICK HERE
About Dynamis Power Solutions
Dynamis Power Solutions is the benchmark for mobilizing quiet and clean power generation for oil & gas applications. The company was founded in response to direct customer demand, coming on the heels of the great success of its sister company, Evolution Well Services. The quick mobilization/demobilization solutions Dynamis offers, coupled with best-in-class technology for power generation and energy storage, provides a turnkey power plant solution for a variety of industries.
To stop by Dynamis’ website, CLICK HERE
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