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CUI Global, Inc., a platform company dedicated to the acquisition, development, and commercialization of new, innovative products and technologies, announced it has received its first retail sales orders for the Vergence™ GasPTi combined natural gas analyzer in North America. The unit has been ordered by Mockingbird Midstream Gas Services LLC, a subsidiary of Chesapeake Energy Corporation. Chesapeake Energy Corporation is the second-largest producer of natural gas in the United States. It is a Top 15 producer of oil and natural gas liquids and the most active driller of new wells in the U.S. Headquartered in Oklahoma City, the company's operations are focused on discovering and developing unconventional natural gas and oil fields onshore in the U.S.
The GasPTi analyzer combines the Vergence GasPT2 device in a weather-proof housing with gas conditioning, pressure regulating, and associated equipment needed to make the device a “plug-and-play” solution for the natural gas operator. It attaches to the pipeline via the patented VE-Probe Technology, making the combined device truly “field ready” and largely maintenance free. The GasPTi device is produced by CUI Global in conjunction with its partner and UK Distributor, Orbital-UK.
As recently explained by Andrew Ridge, Orbital-UK's Managing Director, "The combination of CUI Global's Vergence Technology with our VE-Probe in the GasPTi Natural Gas Analyzer creates a unique and revolutionary method of almost instantly and accurately determining gas quality in a cost efficient manner previously unavailable to the industry. We at Orbital are very excited about the new device, the opportunity it creates for us in the natural gas industry, and our partnership with CUI Global."
CUI Global’s president & CEO, William Clough, commented, “This initial North American purchase order continues the partnership of our Vergence Technology with industry leaders like Orbital-UK to service such respected energy providers as Chesapeake Energy Corporation, once again confirming the viability and value of our GasPT2 device.” “We believe that these retail orders and continued testing and validation by such industry icons can and will enhance our penetration into North America for the Vergence devices,” Clough concluded.
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