Kodiak Gas Services has introduced a new emissions monitoring system for the oil and gas industry, providing reliable, real-time data on emissions levels. Read more about how ecoView enables companies to monitor and manage their emissions more effectively, helping them to meet regulatory requirements and minimize their environmental impact.
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Virtual reality technology is being used in compressor maintenance, as it allows for immersive and cost-effective training. Read more about how VR could be valuable for recruiting, workforce development, safety, and operations.
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Kodiak works with specialized compression schools to develop a highly-skilled workforce. Read more about how the collaboration between industry and education ensures that future generations of gas compression professionals are well-equipped to meet the industry’s evolving needs.
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Kodiak Gas Services was recognized with Hart Energy’s 2022 Meritorious Award for Engineering Innovation, acknowledging our commitment to innovation and excellence in the field of natural gas compression.
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Kodiak’s long-term strategy not only allows us to support our employees and their local communities, but also expands that to include our overall impact on the environment and the world around us in the most responsible, sustainable way.
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The maximum gas flow in the safest conditions: That’s the commitment Kodiak Gas Services makes to its customers, and that’s why this Texas-based operation uses Cat® engines, including the G3516J.
“We separate ourselves from rental compression by taking a partnership approach with our customers,” says Kathy Norris, director of business development for Kodiak. “We offer full-service contract compression services, including 24/7 first-call coverage, parts and maintenance. If a customer’s unit shuts down, our satellite alarm notifies us immediately, and we get it operating regardless of whose problem it is. For us, it’s all about the customer’s bottom line.”
The company’s fleet, which is 98% Caterpillar, maintains more than 99% mechanical availability. A key factor in achieving that level of uptime is Caterpillar’s support of Kodiak through its dealer network.
“What we find with Caterpillar and the Cat dealer network is that they are a partner with us,” Norris says. “Between warranty coverage, responsiveness and finding creative solutions to an ever-changing market, there’s not another company out there we trust more.”
Kodiak operates a wide range of Cat engines, predominately focused on the G3500 and G3600 series. The company set its first G3516 engine in January 2012 and currently has more than 600 G3516s in its fleet. The majority of those engines are G3516J models, which feature water-cooled exhaust manifolds that significantly lower surface temperatures without sacrificing horsepower or emissions.
“The G3516J models are operationally flexible, easily installed and produce reliable runtime for Kodiak’s customers,” Norris says. “They are capable of achieving current emissions standards, and Kodiak’s experience has shown that the G3516J is the most reliable and efficiently operated engine in its horsepower class.”
Based on Caterpillar’s continued effort to improve its best-in-class product, Kodiak is currently converting all of its legacy G3516s to the J series, utilizing upgrade kits available through Cat dealers.
“We’ve been very happy with the way the legacy G3516s run,” Norris says, “but we strive to utilize what Caterpillar considers its latest and greatest product.”
MONTGOMERY, Texas, April 7, 2022 — Kodiak Gas Services (Kodiak), a leading provider of contract compression services, today announced a $50,000 donation to Oklahoma State University Institute of Technology (OSUIT) to establish an endowment for scholarships. The endowment will support students who need financial assistance and help advance the skills and training of future compression industry technicians.
“We’re excited to contribute to the future of our industry by providing scholarships to the students at OSU Institute of Technology,” said Mickey McKee, president and chief executive officer of Kodiak. “High-quality, well-trained technicians are always in demand, and we’re glad that Kodiak is able to help more students who may need our support. Our goal through this endowment is to ensure that students can pursue their educational goals for years to come.”
The scholarship supports students pursuing an Associate in Applied Science in Industrial Maintenance Technologies – Natural Gas Compression Technologies. The scholarship will be offered to students who meet pre-determined criteria and will be awarded starting in the fall of 2022.
OSUIT is a recognized leader in applied technology education and is known for world-class teaching facilities, partnerships with industry and a nearly 100 percent career placement rate. OSUIT’s Natural Gas Compression Technologies program is taught by industry-expert faculty and supported by leading natural gas compression producers and suppliers. The curriculum is focused on hands-on instruction in lab environments, reinforced with paid internships by industry employers.
“We are grateful for Kodiak’s generous gift and their investment in our students,” said Steve Olmstead, dean of the School of Engineering & Construction Technologies at OSUIT. “This endowment will open new doors for students and enhance our compression technology curriculum and industry collaboration to ensure our graduates are well-equipped when they enter the workforce.”
For more information about Kodiak, visit: KodiakGas.com.
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About Kodiak Gas Services
Kodiak Gas Services is the third largest contract compression services provider in the continental United States with a revenue generating fleet of over 2.9 million horsepower. The company focuses on providing contract compression services to oil and gas producers and midstream customers in high‐volume gas gathering systems, processing facilities, multi‐well gas lift applications and natural gas transmission systems. More information is available at www.kodiakgas.com.
About Oklahoma State University Institute of Technology
OSU Institute of Technology is Oklahoma’s only university of applied technology, offering accelerated bachelor of technology and associate degree programs that meet global workforce demands. OSUIT is known for its high academic standards, world-class laboratory environments, reciprocal partnerships with business and industry, and top career placement rates in the region. For more information about OSUIT, call 918-293-4680 or 1-800-722-4471, or visit the web at www.osuit.edu.
Media Contacts:
Allison Redd
Allison.redd@okstate.edu
OSU Institute of Technology
Montgomery, Texas – December 1, 2021 – Kodiak Gas Services, LLC (Kodiak), a leading provider of contract compression services, in partnership with Legend Energy Advisors (Legend), a leading provider of real-time data analytics, today announced the launch of ecoView, a proprietary data collection and high-fidelity transmission system that monitors emissions and streamlines efficiency for the company’s compression assets. Leveraging Legend’s innovative software and hardware, ecoView will provide Kodiak with unparalleled, comprehensive views of all operational data captured through the 150+ sensors on its equipment.
“The development of ecoView offers our technicians, management, and clients an unprecedented ability to monitor operational data in real time and enhance our already industry-leading mechanical availability guarantee,” said Mickey McKee, President and Chief Executive Officer of Kodiak. “With ESG initiatives front and center for the industry, this technology eliminates the guess work for our customers and drastically increases the accuracy of the data related to greenhouse gas levels reported by them.”
Through 2022, Kodiak has committed a significant investment to ecoView as part of Kodiak’s pledge to sustainably provide critical midstream infrastructure and related compression equipment and services for the U.S. energy sector. Kodiak units with ecoView will transmit real-time operations data every five seconds. Approximately one billion data points per compression asset per year is collected on site, interpreted within Legend’s software and associated hardware, and transmitted back to cloud-based servers every five minutes.
“We are excited about the continued partnership with Kodiak and the future impact of ecoView,” shared Dan Crosby, CEO of Legend Energy Advisors. “Together, we can provide Kodiak’s customers with access to instantaneous operational visibility, unmatched anywhere else in the compression industry which will drive both environmental and financial sustainability.”
On the heels of earning recognition in the private midstream category of Hart Energy’s first-ever Energy ESG Top Performers Awards on Nov. 29, 2021, ecoView will enable Kodiak to make truly predictive maintenance a reality through future partnerships with machine learning companies, driving down costs, improving operational efficiencies, and minimizing the equipment’s environmental impact by reducing unplanned downtime incidents.
Craig Collins, Executive Vice President and General Counsel of Kodiak, added “Partnering with Legend to create ecoView allows Kodiak to continue to fulfill the pledges contained in our inaugural Sustainability Report and lead compression providers into a future where ESG goals and financial success are synonymous. We look forward to evolving the capabilities of ecoView as customer and industry needs adapt.”
In 2022, Kodiak will enhance the capabilities of ecoView by adding the ability to track leaks and other sources of greenhouse gas emissions. Also, in 2022 through incremental, enhanced product offerings, Kodiak’s customers can purchase access to ecoView’s data and features.
About Kodiak Gas Services
Kodiak Gas Services is the third largest contract compression services provider in the continental United States with a revenue generating fleet of over 2,900,000 horsepower. The Company focuses on providing contract compression services to oil & gas producers and midstream customers in high‐volume gas gathering systems, processing facilities, multi‐well gas lift applications and natural gas transmission systems. More information is available at www.kodiakgas.com.
About Legend Energy Advisors
Legend Energy Advisors is an industry leading provider of energy market intelligence, energy infrastructure, and real-time data analytics. Legend’s leading expertise and products, provide support to diverse manufacturers and service providers across most major market sectors from real estate and light manufacturing to mining, oil & gas, and heavy industrial facilities. Legend’s proprietary LegendAnalyticsTM platform enables companies to truly understand the most complex energy efficiency challenges industries are facing on a macro and micro level. The judgment and holistic decision-making power Legend provides eliminates estimations and increases operational productivity while driving demonstrable environmental and financial sustainability in real time. More information is available at www.LegendEA.com.
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• EQT Infrastructure has acquired Kodiak Gas Services, the fastest-growing and largest privately held contract compression business providing critical compression equipment in the US
• Kodiak benefits from attractive long-term market dynamics, including growing US oil and gas production, increased centralization of compression needs and growing utilization of large compression to drive improved margins
• EQT Infrastructure will support Kodiak’s growth with existing and new customers and will support the Company’s continued operational improvement by providing deep sector expertise in the Energy sector and Midstream end markets as well as its network of Industrial Advisors
The EQT Infrastructure III fund (“EQT” or “EQT Infrastructure”) today announced that it has acquired Kodiak Gas Services (”Kodiak” or the “Company”) from The Stephens Group, LLC, a private investment firm representing the interests of Witt Stephens, Jr. and Elizabeth Campbell. Kodiak will maintain its corporate headquarters in Houston, Texas, under the continued leadership of President Mickey McKee, CEO David Marrs, and the Kodiak management team. Terms of the transaction were not disclosed.
Founded in 2011, Kodiak is the largest privately owned contract compression company in the US; providing necessary compression equipment for the extraction of oil and transportation of natural gas in the United States. With over 1,130,000 revenue generating horsepower (“HP”) deployed across key basins, Kodiak has a differentiated offering focused on exceptional customer service and technical performance. Kodiak leverages its scale, multi-decade operational experience, strong customer relationships and leading data analytics and integration to deliver best in class service and mechanical availability.
EQT will support Kodiak in its next phase of development as the Company focuses on continued expansion with existing and new customers, further strengthening its technology platform and enhancing the Company’s service offering. Moreover, EQT will leverage its bench of Industrial Advisors with extensive experience in the Energy and Midstream sectors to enhance growth and operational efficiencies.
Alex Darden, Partner at EQT Partners, Investment Advisor to EQT Infrastructure, commented: “Kodiak’s differentiated service offering, strong commitment to customers and critical infrastructure at every juncture in the oil and gas value chain make the Company unique in their industry, embodying EQT Infrastructure’s approach of targeting high-quality, industry leading, stable businesses with transformation potential. We are impressed with Kodiak’s continued transformation through data implementation and strong growth and believe that the Company’s ambition and people will continue to have positive impacts going forward. We are excited to help build and shape the next phase of development for Kodiak and look forward to working with such a talented group of people and outstanding executive management team who share the same culture, values and drive as EQT.”
“We are extremely excited to be partnering with EQT to continue to grow Kodiak as the premier provider of contract compression services in the US. EQT brings a wealth of knowledge to our partnership and together, we will create a platform to continue to attract the best customers, in the best basins, to provide the highest level of contract compression services in the business,” commented Mickey McKee, President of Kodiak. “With our focus on the essential, large horsepower infrastructure-type compression applications, coupled with our relentless commitment to runtime and customer service, Kodiak is well-positioned to continue to profitably grow and take market share.”
“The EQT Team understands the critical nature of contract compression in serving our nation’s energy infrastructure. EQT’s partnership with Kodiak will allow us to continue achieving industry leading profitability and growth rates while continuing to provide the best service in the industry,” commented David Marrs, CEO of Kodiak. “EQT has made a substantial commitment to Kodiak and we are very excited to continue this path with their support, vast industry experience and knowledge.”
Simpson Thacher & Bartlett LLP served as legal advisor to EQT Infrastructure. Jefferies LLC served as exclusive financial advisor and Kirkland & Ellis LLP acted as legal counsel to Kodiak.
