Project Canary Acquires Troposphere Monitoring
/The acquisition strengthens Project Canary’s ESG trusted data solutions for the global energy industry
Troposphere scientists join the team in key leadership roles, further enhancing Project Canary’s technology advantage
DENVER and DALLAS and AUSTIN, Texas and HOUSTON, Dec. 09, 2020 (GLOBE NEWSWIRE) -- Project Canary, an International Environmental Standards company and the leading provider of environmental solutions for the global energy industry, today announced it has acquired Austin-Based Troposphere Monitoring, Inc. Troposphere is a leader in hydrocarbon emissions sensor technology. This is the second acquisition Project Canary has completed in the past six months.
“Measuring emissions in real-time at well sites and facilities is not only technically possible, but it is also scientifically accurate and affordable,” said Anna Scott, Ph.D., CEO at Troposphere. “Our innovative sensor technology offers companies at all phases of the energy supply chain a cost-effective method for continuously monitoring methane and other hydrocarbons. We’re excited to join the Project Canary team, as their wide operational footprint is the ideal platform for expanding the deployment of our proprietary methane sensing technology.”
Troposphere Monitoring’s sensor technology distinguishes between different gases, like propane, ethane, or butane, so permitted emissions look different than leaks to the monitoring system. Using advanced infrared spectroscopy technology, Troposphere sensors located at the fence line of a well site or facility can detect and identify quantities of methane, hydrocarbons and other byproduct gases at the ppb level of precision. The data is continually uploaded to Project Canary’s secure, cloud-based data platform for real-time alerts and ESG analytics.