Pioneer Energy Awarded $10 Million by U.S. Department of Energy to Commercialize Zero-Emission Oil Production Technology

Funds to scale the ECT from pilot to commercial scale and deploy the equipment with one or more oil producers for a six-month field trial

Pioneer Energy announced that the company has been selected by the U.S. Department of Energy for a $10 million grant to advance their Emission Control Treater (ECT). This breakthrough well pad processing technology eliminates routine flaring and nearly all methane and conventional emissions from oil and gas production sites.

“We are looking forward to working with the DOE as well as our partners to deploy this technology and continuing the move toward decarbonization of oil production.”

The grant, awarded by the DOE’s Office of Fossil Energy and Carbon Management (FECM), will provide funds to scale the ECT from pilot to commercial scale and deploy the equipment with one or more oil producers for a six-month field trial.

“We are thrilled to receive the support of the Department of Energy to help us commercialize this new technology. We believe that our Emission Control Treater (ECT) can have a big impact on reducing oil field emissions and flaring,” said Pioneer Energy’s CEO Eyal Aronoff. “We are looking forward to working with the DOE as well as our partners to deploy this technology and continuing the move toward decarbonization of oil production.”

Pioneer Energy has partnered with Colorado School of Mines to independently measure and validate the resulting emissions and flaring reductions and to compare the results to currently utilized technologies. Pioneer is also partnering with The Autism Community in Action (TACA) and Easterseals of Colorado to enable hiring of a neurologically diverse workforce of skilled technicians and tradespeople as part of the Community Benefits Plan under the grant in support of the Justice40 Initiative.

The announcement by the U.S. Department of Energy can be read here: https://content.govdelivery.com/accounts/USDOEOFE/bulletins/39ca9c7

Pioneer Energy Awarded $10 Million by U.S. Department of Energy to Commercialize Zero-Emission Oil Production Technology

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#doe news#pioneer energy#emissions control#doe grant winner#methane emissions#decarbonization of oil production#diversity hiring#taca#colorado school of mines
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