HOUSTON, May 2, 2024
/PRNewswire/ -- Tachyus announced a new contract today with Grayson
Mill Energy (GME) for Aurion, its cloud-scalable, integrated GHG
emissions management platform. Using Aurion, GME will be able to
evaluate the impact of future operational plans, like field
development plan scenarios and the associated changes of
throughputs, equipment changes, fuel/gas consumption, and major or
minor operational plans in the asset targeted to reduce emissions.
On top of generating the baseline of current GHG emissions, Aurion
will allow GME to set carbon-neutral objectives, design operational
plans to achieve them, and communicate them to the authorities,
investors, and other stakeholders clearly and validly.
"We're thrilled to partner with Grayson Mill Energy to assist
them in meeting their carbon reduction goals; Aurion will allow
them to generate the baseline and estimate the impact of their
operational decisions on emissions and allow their teams to achieve
their emissions goals" said Dr. Pallav
Sarma, CTO of Tachyus.
"GME looks forward to working with Tachyus to optimize our GHG
data and reduction efforts. This partnership is in line with GME's
founding principles to operate in a responsible and prudent manner
which includes being able to accurately understand our methane
emissions. Aurion will give us the capability to achieve and exceed
in this effort" said Ryan Donina,
ESG Specialist, of GME.
Aurion addresses the growing need for the oil and gas industry
to minimize GHG emissions by helping companies like GME to estimate
past, current, and future Carbon Emissions, model the impact of any
operational decisions, benchmark against others, and provide
sensitivity analysis to understand which are the main components of
the emissions.
About Tachyus:
The Houston-based corporation
is a leader in oil and gas modeling and optimization software. In
2021 Tachyus launched Aurion—an end-to-end platform for GHG
estimation, reporting, and forecasting—to help companies tie
operational decisions to their net-zero goals.
About Grayson Mill Energy:
Grayson Mill Energy (GME) is a private operator based out of
Houston, TX and operates in the
Williston Basin located in
North Dakota and Montana. The company is one the largest
operators in the Williston Basin
controlling over 307,000 net acres across western North Dakota and eastern Montana with over 1,200 operated wells and
~900 miles of pipeline. The company produces over 120 net mboepd
(as of 1st quarter 2024).
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SOURCE Tachyus