Torrent Energy Services LLC and CSL Capital Management have executed definitive agreements that will provide Torrent with growth capital to accelerate its business plan. Torrent offers modular gas processing equipment and services that allow oil and gas producers and midstream companies to recover valuable natural gas liquids (NGLs) while reducing flaring and emissions.
“Torrent’s business plan is compelling because of the powerful combination of proven leadership and best-in-class technologies coming together to solve an industry-wide problem”
Torrent leases and operates mechanical refrigeration units (MRUs) based on tried and true technology. Built new, Torrent’s skid-mounted plants are capable of processing very rich natural gas and have the mobility to rapidly respond to customer needs, even in the most extreme weather conditions.
Torrent’s plants convert heavy hydrocarbons (C3+) into a stabilized, truckable, Y-Grade NGL product. The clean residue gas – primarily methane and ethane – is used to fuel ancillary equipment, including natural gas generators and compressors also provided by Torrent. Any remaining gas can be gathered or flared with a reduction in VOC emissions of 70 percent or more, allowing customers to meet permit requirements.