Capstone Turbine receives order for 22 more C65s for Eagle Ford shale use
Capstone Turbine Corp. said on Monday that it received another order for 22 C65 microturbines from one of the world's largest independent oil and natural gas companies.
This latest order is the second such follow-on order to the first 18 unit C65 order received back in August 2010. All three orders are for Capstone C65 natural gas product and together total 64 units in nine months from this new oil and gas customer.
Capstone's local distributor, Pumps & Service, sold the units and will provide installation, commissioning and long-term service support, the company said.
Pumps & Service has received 20 MW of new orders over the past 10 months from three major oil and gas companies exploring large shale reserves in the US. Customer adoption of Capstone microturbines in the oil and gas sector continues to expand in the US, the company said.
The US shale gas market is expected to grow substantially, especially since the U.S. Environmental Protection Agency's (EPA) Clean Air Act has strict requirements for emissions levels at natural gas sites.
The latest order for 22 low-emission C65 microturbines will provide prime power to central processing facilities and metering stations at remote well sites in the Eagle Ford shale play in South Texas.
The Eagle Ford play is expected to emerge as a major oil and gas play in the US over the next decade. Experts estimate it will rank sixth in size among the all-time giant US oil fields.
"The fact that Pumps & Service has now received orders totaling over 20MW in less than a year goes to show the tremendous market penetration Pumps & Service is getting in the shale gas space with the Capstone technology," said Jim Crouse, Capstone's executive vice president of sales and marketing.
Financial terms of the order were not disclosed.
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