How Equipment Manufacturers Help Oil and Gas Producers Achieve Sustainability
As the world sets targets for fewer carbon emissions and introduces new regulations for carbon emissions, the oil and gas industry must adapt. Sustainability is becoming a top priority for oil and gas producers, and there are a wide array of methods available to help reduce the industry’s environmental impact. On top of making strides to reduce their carbon footprint, oil and gas producers are counting on safer, more reliable equipment to achieve sustainability goals.
The sustainable future of the oil and gas industries
Sustainability is a driving factor in manufacturing. Oil and gas companies are already making moves toward going green — energy giant BP recently announced their goal to reduce oil and gas production by 40% over the next decade while producing more renewable energy.
An increase in domestic and global regulations and frameworks also have an impact on the industry’s movement toward more environmentally responsible practices, including:
- The European Commission’s long-term strategy of achieving a zero carbon economy by 2050
- The Energy Act of 2020 in the United States, which puts a down payment on technologies that are critical to reducing greenhouse gas emissions in the power sector
- The U.N.’s 17 sustainability goals for private companies to focus on until the end of 2030
As a result of new and emerging frameworks like these, 85% of the companies in the S&P 500 Index have committed to more sustainable practices.
The environmental benefits of reliable pumps
How does safe and reliable equipment contribute to a more sustainable future for the oil and gas industry? According to the US Department of Energy, pumps account for over 40% of the industrial energy usage. As a result, the durability and efficiency of the pumps you use have a significant impact. Here’s how:
- Reliable products prevent leakage and other risks that impact the environment.
- Reliable pumps help to minimize costs by reducing downtime and maintaining longevity
- Non-metallic pumps like our Sundyne, Ansimag, and Fybroc line are horizontal and vertical fiberglass pumps that don’t corrode, preventing potentially serious environmental impacts
Because pumps require a significant amount of power, manufacturers have begun looking for ways to minimize energy consumption and costs. To accomplish this, they’ve turned to smart pumps, which offer real-time monitoring, improve productivity in plants, and reduce downtime.
Smart pumps reduce the speed needed to meet system demand, which could save up to 50% of the energy that pumping systems use. Smart pumps are already being seen as the pump of the future — Frost and Sullivan estimate that intelligent pumps will become the new norm by 2025.
Sealless pumps and safety
Sealless pumps like our Sundyne HMD product line, and Sundyne LMV-801S pump have been trusted for years to handle a variety of types of liquids, including ones that require secure handling. Because sealless pumps are designed to reduce the amount of wear and tear experienced by mechanical seals, they’re an excellent choice for oil and gas companies looking to increase reliability and sustainability. The environmental benefits of using sealless pumps include:
- No leaks
- No dynamic seal or seal support system
- Complete containment of fluid
- Zero emissions and a reduced carbon footprint
- Cost-effective installation
- Low maintenance costs
- Maximum safety
Because a sealless pump is leak-free, they keep potentially corrosive, carcinogenic, or hazardous liquids safely contained. This protects workers, the environment, and those living nearby from potential harm.
Adopting more sustainable processes by using more safe, reliable, and efficient pumps marks the future of the oil and gas industry. By using pumps that don’t require seals, don’t corrode, and feature self monitoring systems, companies can save time and money. It also enables companies to meet expanding global frameworks and regulations, while making a positive impact on the environment.
