“Our industry is experiencing an existential threat,” says Mims Talton, CEO of Flogistix. “Our industry is feeling the threat from all the increased scrutiny on methane emissions and greenhouse gas emissions in general. Our customers have been investing in vapor recovery for, in some cases, as long as ten years. There’s a lot of things that the industry has done that really just need to be documented and reported.”
Talton stresses that when emissions are captured through vapor recovery systems, organizations can see an economic benefit by selling those vapors, and also address the requirements placed on the operator to report on the company’s environmental impact. With the advent of the environmental, social, and governance or ESG initiative, companies, both public and private, are expected to report on an organization’s environmental impacts, social engagement, and governance functions.
“Many of the big independents and the majors have been pursuing ESG type initiatives for the better part of 10 years,” Talton says. “ESG is a great way to show the world what they already do and then build on that to eliminate emissions.”
The Oklahoma-based company offers cloud-based, data-driven solutions for methane detection and capture technologies. The company helps oilfield operators visualize the current data of their units as well as historical data. With its two proprietary platforms, Flux and Logix, Flogistix provides fleet management and control systems for each of the compressors digitally.
Our single unit managed all tank vapors consistently to approximately 3.5 ounces without venting
Flux is a one-stop shop for managing the fleet that provides a portal to view units and the actual work orders that have been completed. Logix PLC is a control panel that sits on every compressor Flogistix manufactures. The touchscreen interface allows for automatic starting, precise pressure control, and remote monitoring. The company is developing a digital 3D Twin of each compressor with minute-by-minute sensor data and virtual reality capability.
“We provide a 98 percent runtime guarantee and our fleets typically run north of 99 percent,” says Talton. “We work closely with our customers with Flux in order to solve problems and to gain efficiency. We’re finding the ability to collaborate and troubleshoot virtually to be extremely effective.”
The company manufactures compressors to not only capture emissions through their Atmospheric Solutions products, but also to improve volumes through Production Optimization efforts. These efforts have been combined into a patented methodology called Multi-Stream which allows oil and gas operators to increase production and capture vapors using the same compressor, something the company’s competitors cannot do.
The company’s equipment outperforms its competitors both in run time and cost. In one instance, a Marcellus operator employed three different compressors from a competitor to keep up with the vapor demand. The operator struggled to manage the demand and maintain tank pressure. However, by utilizing Flogistix’s FX12 compressor, the operator witnessed a drastic improvement in the performance.
“Our single unit was able to manage all tank vapors consistently to approximately 3.5 ounces without venting,” says Talton. “Our customer saved on equipment rental costs and reduced its environmental footprint through vapor capture.”
The company is proud to say they manufacture their compressors unlike their competitors.
“Every day, we’re building new pieces of equipment, and we’re making it better because of the experience we learned in the field of operating this equipment, and we’ve been doing that for a long time,” Talton says. “We have an exceptionally well-designed piece of equipment.”