Capwell provides low‑flow methane capture units for oil and gas facilities, targeting fugitive emissions and vent sources such as tank batteries, pneumatic valves, and compressor rod packings. The technology captures vented gas at roughly half the cost of conventional vapor recovery or combustion systems, enabling operators to monetize previously wasted methane. By converting emissions into sellable product, Capwell delivers negative‑cost CO₂e abatement and improves facility profitability.
Funding
Funding not disclosed
PAFounders
Product
Problem
The oil and gas industry faces increasing regulatory and environmental pressure to mitigate methane emissions from low and intermittent flow sources. Existing methane mitigation solutions are often too costly or ill-suited for managing emissions from sources like surface casing vent flows, tank battery vents, and abandoned wells. This leaves a significant gap in addressing methane emissions across the well lifecycle, particularly for smaller producers facing challenging regulations.
Solution
Capwell Services Inc. provides modular systems designed to capture methane emissions from low and intermittent flow vents in the oil and gas sector. Their technology offers a cost-effective approach to managing emissions from surface casing vent flows, tank battery vents, flexible gathering line vents, and abandoned or orphaned wells. By providing tangible solutions for these diverse methane mitigation needs, Capwell enables oil and gas companies to comply with EPA regulations and reduce their environmental impact.
Target Audience
The primary target audience includes oil and gas companies, particularly small producers, facing regulatory pressure to reduce methane emissions, as well as government entities and environmental organizations focused on methane mitigation.
Features
- Modular system design for flexible deployment across various low and intermittent flow methane sources
- Cost-effective methane capture technology, addressing a market need unmet by traditional solutions
- Solutions for surface casing vent flows, tank battery vents, flexible gathering line vents, and abandoned/orphaned wells
- Enables compliance with new EPA methane emissions regulations and reduces potential fines