LongPath expands methane sensing network in Permian
Recent acquisitions have opened up an expansion opportunity for LongPath Technologies.
The Denver-based provider of methane detection and data services is expanding its methane sensing network across Vital Energy's assets in the Permian Basin.
Vital recently completed the acquisition of Point Energy Partners assets in the Delaware Basin in partnership with Northern Oil and Gas. LongPath and Vital already had an existing relationship and Vital chose to expand LongPath's network into the new assets and the expansion will cover a significant portion of Vital's Permian Basin operations.
In a statement announcing the expansion, Ian Dickinson, LongPath's chief executive officer commented, "Cost-effective, durable options for oil and gas operators are the key to methane management asset-wide or even basin-wide. Expanding the LongPath methane sensing network in the Permian Basin is important since it will provide the emissions data necessary to support ultra-low methane energy production."
LongPath works with multiple operators and companies in the Permian Basin, among them, ConocoPhillips, Triple Crown Resources and Vital.
This story was originally published September 28, 2024, 11:49 AM.
