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The two companies plan to collaborate to deliver “innovative, sustainable solutions designed to create customer value by treating associated gas from production wells with the expectation of reducing emissions and the related costs from flaring”.

GTUIT products and services are manufactured for customers operating in production, land drilling and well stimulation applications.

Headquartered in Billings, Montana, GTUIT was founded in 2011 to provide customers with “creatively engineered and tested” solutions to meet the dynamic conditions found in oil fields around the world.

GTUIT president and CEO Brian Cebull said the company had differentiated itself in the gas capturing market by offering mobile, scalable solutions that significantly reduced flare volume and maximised production levels under increasing government regulations.

“As a result of the Caterpillar investment, we are looking forward to expanding beyond the Bakken into other North American basins as well as global markets,” Cebull said.

“Sourcing the correct gas treatment systems can be challenging.

“With GTUIT, customers can select the appropriate services and solutions for their operations.”

Caterpillar Oil & Gas managing director Dave Dunlevy said his company continuously looked for successful companies which shared its own commitment to sustainability and endeavoured to “proactively find solutions to complex energy problems in today’s production environment”.

“Through future collaborations with GTUIT, we expect our customers to have access to an enhanced portfolio of solutions that we believe are tailored to reducing emissions, increasing productivity and lowering costs,” Dunlevy said.

As a result of the investment, GTUIT expects to continue to expand its offering of turnkey flare reduction systems and treatment services.