Methane leak monitoring for the biogas and natural gas industries - Far more sensitive, reliable and relevant solutions exist.
This is a GAZOMAT translation of the article published in the French Magazine Valeur Energie: Gazomat, Méthane – Quelles solutions pour une surveillance pertinente des gaz à effet de serre ? – Valeur énergie (valeurenergie.com)
Watch this France 3 Alsace TV report and find out about a new efficient way of monitoring gas networks in city centres, a project by R-GDS, a gas distribution company in Strasbourg, France.
Ecotec International Holdings, LLC (“ECOTEC”) today announced a strategic minority equity investment by Archrock, Inc. (“Archrock”), Archrock is an energy infrastructure company with a pure-play focus on midstream natural gas compression. In addition to the strategic investment, Archrock will also begin offering ECOTEC’s suite of solutions to its customers in support of their sustainability goals.
Archrock is the leading provider of natural gas compression services to customers in the oil and natural gas industry throughout the U.S. and a leading supplier of aftermarket services to customers that own compression equipment in the U.S.
The strategic investment by Archrock accelerates ECOTEC’s expansion into the oil and gas industry. With over thirty years of expertise providing a comprehensive ecosystem of methane solutions in the natural gas, biogas, carbon credit and air quality industries, the oil and gas industry is a key area of growth for ECOTEC. ECOTEC’s combination of cutting-edge instrumentation and software provides accurate and directly measured emissions data, which is auditable by third-party organizations, and directly applicable to helping solve the decarbonization challenges faced by the oil and gas industry.
Tim Novick, President and Chief Executive Officer of ECOTEC, said, “We are thrilled to partner with Archrock as an increasing number of oil and gas companies commit to thoughtful ESG strategies to measure and reduce their methane emissions. In particular, methane leak mitigation will be critical in solidifying the important role natural gas will play in energy transition. With over 67 years of operating history, Archrock’s deep industry understanding and long-standing customer relationships will be fundamental to accelerating ECOTEC’s growth in oil and gas and creating value for ECOTEC and its stakeholders.”
“We are excited to partner with ECOTEC and advance our shared vision for helping the oil and gas industry decarbonize,” said Brad Childers, Archrock’s President and Chief Executive Officer. “The expansion of our services to include direct emissions detection, management and mitigation is a significant step in our strategy to develop a suite of solutions that supports our customers’ sustainability goals. ECOTEC’s management team has an impressive track record of building emissions management businesses in other sectors and this partnership connects their proven technology with our leading U.S. natural gas compression infrastructure and customer network. This investment provides a unique opportunity to deliver value for our customers and shareholders as we position Archrock to reduce emissions across the oil and gas industry.”
Intrepid Partners, LLC served as financial advisor to ECOTEC.
About ECOTEC
ECOTEC specializes in the design and development of specialty equipment and software solutions for the natural gas, biogas, renewable natural gas, carbon credit and oil and gas markets through its ECOTEC, AQMesh, Gas Data, and GAZOMAT brands. With offices around the globe, ECOTEC's comprehensive solutions have been deployed around the world to help companies, organizations and municipalities identify, quantify, and remediate their environmental footprint, particularly through reductions in methane emissions.
About Archrock
Archrock is an energy infrastructure company with a pure-play focus on midstream natural gas compression. Archrock is the leading provider of natural gas compression services to customers in the oil and natural gas industry throughout the U.S. and a leading supplier of aftermarket services to customers that own compression equipment in the U.S. Archrock is headquartered in Houston, Texas. For more information, please visit www.archrock.com.
COLTON, California, February 1, 2022 -- Ecotec International Holdings, LLC (“ECOTEC”), a global leader in methane emissions monitoring, is pleased to announce a strategic investment by funds managed by Intrepid Investment Management, LLC, the investing arm of Intrepid Financial Partners, L.L.C. (“Intrepid”). Intrepid is a leading energy-focused merchant bank with over 50 employees, and expertise in upstream, midstream, downstream, oilfield services and energy transition. ECOTEC provides a comprehensive suite of patented, cutting-edge instrumentation and software solutions to companies, organizations, and municipalities around the world, helping them manage and remediate their environmental footprint by accurately identifying and quantifying their greenhouse gas emissions.
ECOTEC has an over thirty-year history of the design, development and implementation of instrumentation and software for emissions detection and compliance within the natural gas, biogas, carbon credits and air quality industries, with recent expansion into the oil and gas industry.
The company will use the proceeds to accelerate the production and roll-out of its patented instrumentation and emissions data collection software to fulfill strong customer demand in the biogas and oil and gas industries.
“We believe this is a unique opportunity to partner with thought leaders in the oil and gas and energy transition industries, particularly as we continue to grow our oil and gas business,” says Tim Novick, CEO of ECOTEC. “The Intrepid team brings over 200 years of collective experience advising and investing in the energy and energy transition sectors through multiple cycles and against secular changes throughout their history – that experience and their industry relationships are central to our partnership and creating value for our customers and stakeholders.”
Skip McGee, Co-Founder and CEO of Intrepid says, “We are incredibly excited to be partnering with ECOTEC as they continue to grow their business, and in particular, as they expand into oil and gas. ECOTEC has historically been a leader in emissions solutions to the biogas and utilities industry, and they are well- positioned to leverage their decades-long experience to provide expert solutions for the oil and gas industry. We have known members of the management team for almost two decades, and we look forward to working with them on the very important mission of building a path towards a lower-carbon world.”
About ECOTEC
ECOTEC specializes in the design and development of specialty equipment and software solutions for the natural gas, biogas, renewable natural gas, carbon credit and oil and gas markets through its ECOTEC, AQMESH, GAS DATA, and GAZOMAT brands. With offices around the globe, ECOTEC's comprehensive solutions have been deployed around the world to help companies, organizations and municipalities identify, quantify, and remediate their environmental footprint, particularly through reductions in methane emissions. Learn more at www.ecotecco.com.
About Intrepid
Intrepid is a merchant bank that provides investment banking and investing management services. Intrepid’s leading boutique investment banking business provides independent and best-in-class merger & acquisition, restructuring and capital markets services to the energy and energy transition industries, and has advised on ~$150 billion of transactions since 2015. Intrepid’s investment management business makes principal debt and equity investments through its managed funds. Current strategies include private equity, infrastructure and venture capital across energy and energy transition.
Intrepid has offices in Houston and New York. For more information on Intrepid, please visit www.intrepidfp.com.
Ecotec International Holdings, LLC (“ECOTEC Group”) is pleased to announce the acquisition of Gas Data Limited and its parent company, Innovational Technologies Limited, which is expected to strengthen the state-of-the-art portfolio of highest quality gas detection, gas analysis and air quality monitoring solutions.
Founded 30 years ago, Gas Data has built a reputation for excellent customer service and highest quality products that are recognized performance leaders in their fields. In the UK market, they also provide a full range of installation, commissioning, and maintenance services. Gas Data’s operations are fully supported by ATEX certification (80079-34 ATEX) as well as ISO 9001 (Quality), ISO 14001 (Environmental), ISO 45001 (Health & Safety) standards, which prove their dedication to continuous improvement and drive for excellence.
ECOTEC and Gas Data use similar core technologies and serve complementary markets. As a result, the acquisition represents an opportunity to expand capabilities and extend geographic reach, in addition to furthering the combined portfolio of methane-focused environmental solutions.
Peter Cieslak, CEO of Gas Data, said: “By becoming a part of the ECOTEC Group we will strengthen our respective brands and accelerate our continued growth in both new and existing market segments. On this day, I could not be prouder of our talented and dedicated team who will continue to make significant contribution to the new challenges that lie ahead. I look forward to our exciting future, advancing the science behind gas data, together.”
ECOTEC Group CEO Tim Novick says the acquisition brings together technology and talent in the form of dedicated Gas Data employees who are joining the ECOTEC Group team.
"We believe this unique opportunity combines two businesses with best-in-class products and customer service operating in overlapping industries, as well as brings together a team of astoundingly talented and dedicated employees," he says. "We are fully committed to the successful future of our expanded organization."
About Gas Data
Based in Coventry, England, Gas Data is one of the UK’s market leaders in developing, manufacturing and supplying gas analysis solutions for variety of industrial applications, including renewable energy, environmental and security, with international presence in over 50 countries.
About ECOTEC Group
ECOTEC specializes in the design and development of specialty equipment and software solutions for the natural gas, biogas, renewable natural gas and carbon credit markets through it’s ECOTEC, AQMESH, and GAZOMAT brands. With offices around the globe, ECOTEC Group's comprehensive solutions have been deployed around the world to help corporations identify, quantify, and remediate their environmental footprint, particularly through reductions in methane emissions.
GAZOMAT, specialized in gas leak detection systems, introduces an enhanced version of its hand-held laser-based remote methane detector, the GAZOSCAN.
Keeping all the features that made it stand out from most competitive brands - ultralight weight, easy handling, methane selectivity, high sensitivity, detection through glass – the latest GAZOSCAN offers new functionalities and over 100m (330ft) detection capacities that represent a major step forward for conducting safely and efficiently natural gas leak inspections or emergency interventions in hazardous circumstances and hard-to-access areas.
With a doubled detection distance, the GAZOSCAN fully complies with the US Emergency Guidebook recommendation of a 100m (330ft) safe distance from leakage.
Its three measuring speeds - Fast, Medium and Slow – with a shortest response time of 0.1s – allows for rapid spotting of methane gas, before determining with precision the source and concentration level of the leak.
Aiming remotely with precision is now extremely easy. The built-in sight on the detector’s barrel will show a red dot to help hit the target point at a distance, even in bright sunlight. Desired target, aim indicator, red dot and large display screen, all remain within the user’s field of sight.
The device is calibration free, intrinsically safe. Bluetooth allows for data transfer in real-time and, the device can connect (optional) to GAZOSURVEY app on the operator’s mobile phone enabling GPS leak localization and survey traceability, note entry as well as picture capturing and storage.
First reactions to the New GAZOSCAN device are extremely positive across the gas industry, but not only. Fire brigades and even police force departments show a great interest, says Alan VIDAL, GAZOMAT General Manager. They can see all the equipment’s potential for securing their teams’ interventions. Identifying fast any explosion hazard before penetrating a site on fire makes a tremendous difference for emergency responders. Quite frankly, it is more often than not a life and death issue, underlines Alan VIDAL.
More information on : https://gazomat.com/en/products/gazoscan-2/
About GAZOMAT: GAZOMAT is a manufacturer of gas leak detection equipment. A pioneer and leader in highly sensitive laser technology for methane leak detection, GAZOMAT was also the first to develop a network survey software for total traceability of network inspections. With over 30 years of experience working with major gas companies around the world, GAZOMAT continues to innovate and provide an extended set of solutions dedicated to natural gas network survey and fugitive emissions monitoring.
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GAZOMAT, a specialist in gas leak detection solutions and services, announced the addition of the GAZOSCAN, a handheld remote methane detector (RMD), to its product line. Using laser spectroscopy, GAZOSCAN can detect through glass at 100 meters (330 feet) away, making it the ultimate tool for inspections at a distance.
“All feedback to date highlight the ease of handling and use of the GAZOSCAN. It has extremely accurate targeting and incredible sensitivity. The GAZOSCAN benefits the user by having the desired target, aim indicator and display screen all within the field of sight,” Christophe Durr, Product Sales Manager, said.
With its ultra-compact size (0.7 kg), a response time of 0.1 seconds and a total selectivity to methane, it will effectively support all professionals in emergency response situations. GAZOSCAN can be used for but is not limited to, gas leak inspections of residential buildings and properties, natural gas pipelines and facilities, and gas containers.
GAZOSCAN Key Features:
For more information about GAZOSCAN and to download the product brochure, click here.
After 10 years of devoted service to GAZOMAT, Claude Prat has retired. Claude's dedication helped GAZOMAT introduce new products and expand to new regions around the globe creating strong partnerships.
As a young physicochemical engineer freshly graduated from the prestigious National Higher Engineering School of Chemistry in Rennes, France, (ENSCR), Claude integrated into the gas industry, where he made his career working from technical to top management roles.
When talking amongst the GAZOMAT team and questioned about his plans for the future, Claude surprised us all by saying: "I am going to grow vegetables".
One thing is for sure: if Claude embarks upon this new activity with the same energy and enthusiasm he showed during his professional life, we may soon find some of his produce in our supermarkets. So be on the lookout!
Please join us in wishing Claude Prat all the best in his retirement life, enjoying his family and free time!
