Compass Energy Systems and Northbase Finance have partnered with Crusoe Energy Systems to build and finance approximately $20 million of power generation systems for the expansion of Crusoe’s Digital Flare Mitigation® (DFM) technology. The investments are projected to reduce natural gas flaring by approximately 1.7 billion cubic feet/year and CO2 equivalent emissions by up to 60,000 tons/year.
Compass designs and fabricates compression packages, process systems and power generation units for the energy industry, worldwide. Northbase is a capital solutions provider that helps energy and power producers obtain much-needed, flexible financing for essential infrastructure assets. Crusoe captures otherwise wasted or “flared” natural gas in the oilfield, and converts the gas to electricity, which is consumed in on-site mobile, modular data centers. Crusoe deploys and operates its DFM systems directly at the well site in oilfields where gas is flared due to pipeline constrai
