Since its initial deployment in 2022, the use of the nanO2 fuel enhancer has rapidly expanded in Argentina. At the time of publication, 15 drilling rigs and two completion operations in country were adding the nanO2 enhancer to their fuel to lower costs and emissions from rig power generation.
Globally, including Argentina, Colombia, the Middle East and the United States across land, offshore and completions operations, over eight million gallons of diesel have been treated with nanO2 fuel enhancer.
More recently, Canrig deployed the nanO2 product to a new contract drilling customer in Argentina, resulting in a 6.4% increase in fuel efficiency, saving 1,284 gallons of diesel over 36 days. The 1,284 gallons of fuel savings equates to an estimated reduction of 13.15 metric tons of CO2e, which is equivalent to 33,711 miles driven by an average gasoline-powered passenger vehicle.
Customers in Argentina have experienced an approximate 30% return on investment (ROI) when running the nanO2 fuel enhancer. Drilling operations have generated a positive ROI in about 90 days, whereas completions operations have seen the same positive ROI in less than half the time.
The full case study is now available for download.
The nanO2 fuel enhancer is a quickly deployed, capital-light solution that reduces emissions and fuel consumption while increasing engine performance. Manual and automated dosing options are available.
Contact us today to learn how we can decarbonize your operations.
The nanO2® fuel enhancer is distributed exclusively by Canrig to customers in the drilling and completions industry.