LNG America and Scandrill signed an agreement on drilling ops

LNG America and Scandrill have signed a joint marketing agreement to provide a comprehensive solution for LNG-fueled drilling operations in the Gulf Coast region. Among Scandrill’s rig fleet are 8 bi-fueled units, with the two newest incorporating advanced technologies for reliably optimizing LNG/diesel substitution rates upwards of 60%. The LNG America-Scandrill relationship will provide operators with the opportunity to drill their prospects with state of the art drilling equipment fueled economically by clean burning natural gas. The safe and successful use of LNG as a fuel for drilling and completion operations has been increasing in recent years as a growing number of energy companies seek solutions for lowering costs and reducing emissions from their operations. “We are very pleased to be working with LNG America to provide natural gas for our drilling rigs,” said Paul Mosvold, President and CEO of Scandrill. “In today’s pricing environment it is very important that we continue to find ways to lower costs for operators while maintaining the highest efficiency and also improving environmental emissions. Scandrill partnered with Caterpillar to field test one of the first innovative Caterpillar, DGB (Dynamic Gas Blending) systems which has given us unique knowledge.” Under the agreement LNG America and Scandrill will jointly seek out operators that are ideally situated to take advantage of Scandrill’s state-of-the-art equipment and LNG America’s expertise in LNG’s application as a fuel in the high-horsepower engine market. Source: LNG America Press Release