Capstone secures follow-on order from oil and gas customer, Colombia

Capstone Turbine Corp., has received an order for a C600 microturbine to power a gas compression station for a repeat oil and gas customer in Colombia. The order is scheduled to be commissioned in January 2016.

The natural-gas-fuelled C600 microturbine will operate in dual mode, which allows the customer to operate independently of or with the grid in a load sharing capacity, and provide prime power to the compression station 24/7. The 600kW microturbine is modular and can easily be expanded to accommodate a future increase in station power load. With its patented air bearing technology, the microturbine does not require oil or lubricants to operate, thus reducing maintenance and increasing uptime.

According to the US Energy Information Administration (EIA), natural gas consumption in Colombia has risen by more than 54% in the past 10 years, as series of regulatory reforms to make the oil and natural gas sector more attractive to foreign investors has led to an increase in Colombian production.

"Capstone is becoming the technology of choice to lower energy costs for and increase the operational efficiencies of oil and gas producers worldwide," said Jim Crouse, Executive Vice President of Sales and Marketing at Capstone Turbine.

"It is repeat business like this that continues to highlight Capstone as the manufacturer customers can depend on for advanced solutions to meet their needs year after year," he added.

"It is very promising to see orders in new markets that we have targeted as critical growth areas for the company and its always encouraging to see follow on orders from the oil and gas industry despite the precipitous drop in crude oil prices," said Darren Jamison, Capstone's President and CEO. "In response to the ongoing business headwinds we are experiencing we are looking to expand our business in Latin America, Australia, Africa and the Middle East. These markets have tremendous potential and will give us an ability to offset the slowdown we are experiencing in the energy space and more specifically in Russia," added Jamison.

Edited from press release by Angharad Lock

Read the article online at: https://www.hydrocarbonengineering.com/gas-processing/06102015/capstone-secures-follow-on-order-from-oil-and-gas-customer-colombia-1543/