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ChampionX Announces Acquisition of Scientific Aviation, Inc.


ChampionX Announces Acquisition of Scientific Aviation, Inc.
THE WOODLANDS, Texas, July 05, 2021 (GLOBE NEWSWIRE) ChampionX Corporation (“ChampionX” or the “Company”) (NASDAQ: CHX) announced today the completion of its acquisition of Scientific Aviation, Inc., a market leader in site-specific and regional methane emissions monitoring solutions for continuous and periodic monitoring applications.
“Our acquisition of Scientific Aviation further demonstrates our commitment to the strategic priority of evolving our portfolio for sustained growth as the energy industry evolves. This acquisition follows our investment in QLM Technology Ltd and is consistent with our growth pathway of building out our emissions management portfolio that helps our customers achieve their emissions reduction goals. We are excited about the future growth potential as we combine Scientific Aviation’s industry leading methane emissions detection and monitoring solutions with our extensiv ....

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Major energy companies join forces to battle methane emissions


Major energy companies join forces to battle methane emissions
3/4/2021
Scientific Aviation announced the launch of Project Falcon, a 6-month joint industry partner study that aims to determine the best way to deploy continuous methane monitoring technology that will allow energy companies to find, detect, and repair methane leaks faster.
Chevron, ConocoPhillips, Devon Energy, ExxonMobil, Pioneer Natural Resources, Shell and TRP Energy will test Scientific Aviation’s SOOFIE (Systematic Observations of Facility Intermittent Emissions) system, an affordable ground-based technology that measures methane emissions 24 hours a day, in real-world environments, and immediately alerts operators about issues. The tests will be conducted in Colorado, New Mexico and Texas starting in March 2021.  The data and results will be made available to the industry, regulators and the public through publication in a peer-reviewed journal. ....

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