Green Field Power Generation has recently signed lease agreements with two oil field customers to supply a total of 41 MW of power generation capacity for two years. Green Field's turbine generators are capable of running on field gas and provide low-cost, cleaner-burning power generation solutions to the oil and gas industry.
Under the agreements, Green Field will provide 16 one-MW generators to SandRidge Exploration and Production LLC, and 25 one-MW generators to Patriot Power Solutions. Both customers intend to utilize the generators to power electric submersible pumps (ESPs) and other production-related well site equipment utilizing 100 percent natural gas produced onsite in the field. Excess power from the generators may be sold into the electrical grid.
Based on current energy prices, by using 100 percent field gas instead of diesel, an operator can lower its monthly operating cost by $50,000-$70,000 per MW.