Initial gas gathering operations are underway at the EXON wells and expected to continue through 2022.
Under the contract, Edge will both produce the LNG at the Marcellus wells and purchase it from EXCO Resources. This LNG will then be sold and delivered to customers in the northeast region via its truck-based virtual pipeline, where it will be used to provide natural gas to homes and businesses. Edge hopes to generate surplus LNG beyond this agreement for sale to its own customer base.
Mobile Cryobox liquefaction technology
To gather the stranded gas, Edge LNG deploys its mobile, truck-delivered liquefied natural gas (LNG) equipment to the Marcellus site. At the heart of the operation are three trailor-mounted Cryobox liquefaction units that can be delivered to any site accessible by road.
The unique liquefaction process, created by Galileo Global Technologies, is used exclusively by Edge LNG in North America. After set-up and safety checks, production can begin within hours.
Trucking LNG remedies infrastructure constraints
In the Marcellus Basis, Edge LNG is already gathering and monetizing stranded gas on behalf of various other upstream companies, whereby the natural gas is delivered by truck to electric utilities, mostly in New England, to fuel some of their decentralized power stations.
Trucked LNG helps overcome the bottleneck in New England gas infrastructure, where pipeline constraints keep limiting the amount of natural gas that can be transported to utilities and local businesses. To avert energy shortage at times of peak demand during the winter, regional utilities regularly had to import LNG by having cargoes shipped to the Everett regas terminal, situated at Boston harbour.