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Unconventional Resources Fact Sheet GE and ... - GE Energy

Unconventional Resources Fact Sheet GE and ... - GE Energy

Unconventional Resources Fact Sheet GE and ... - GE

Unconventional Resources Fact Sheet GE and Unconventional Resources GE’s solutions portfolio for unconventional resources, consisting of more than 40 technologies that are addressing fundamental industry challenges, is helping customers and the industry improve operational performance, reduce their environmental footprint, and increase resource recovery while creating innovative technologies to drive demand for natural gas. These technologies, from across our individual business units, include submersible and surface pumps, pressure control systems, compressors, drilling measurement tools, meters, pipeline solutions, sensors, gas engines for natural gas production and onsite power generation, motors, valves and water filtration technologies. In the past, these technologies were mostly sold as individual components. GE and the Natural Gas Industry From extraction to transport to power generation—GE develops solutions that infuse new technologies into critical segments of the natural gas development and deployment life cycle. As a proven solutions provider to the industry, GE is committed to the advancement of natural gas as an abundant, reliable and cleaner-burning source of energy with the potential to help meet our world’s growing energy needs for decades to come. In the United States, recent discoveries of shale gas and the resulting lower prices have greatly expanded the prospect of energy independence for the country. These new discoveries represent growth opportunities for GE to provide integrated solutions for an industry that is expanding globally. Utilizing Research to Accelerate Viability of Unconventional Resources GE’s Global Research Centers are working to create the next generation of technologies that will make unconventional resources like shale gas, “conventional” and sustainable. Through a systems approach to engineering, GE is testing and developing technologies across the gas extraction process. These include: new water filtration technologies that reduce operating costs and enable higher reuse of wastewater; research to increase the reliability and performance of hydraulic fracturing pumps; new efficiencies in drilling-site electrification; and capturing and using gas previously flared during the drilling process. We also are exploring new methods to loosen shale that may require less water and pressure to extract gas deposits, thus reducing time, cost and maintenance. GE has announced plans to build a new Global Research Center in Oklahoma dedicated to driving innovation and technological advancements in the oil and gas sector and bringing products to market faster. The Center will initially focus on technologies that enable safe, efficient and reliable production, delivery and use of unconventional oil and gas. GE’s Unconventionals Solutions Impact the Critical Segments of the Gas Value Chain GE’s unconventionals portfolio addresses fundamental industry challenges and helps operators, oilfield service providers and supplier networks improve their operational performance while reducing their environmental footprint. A number of key technologies are ecomagination qualified. Water technologies: GE is among the global leaders in water technology. GE's Fixed and Mobile Evaporators treat impaired water for reuse in the industrial process, thereby reducing the amount of fresh water consumed; increasing water resuse; and significantly reducing

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