Convrg Innovations
A solar-hybrid remote power generation system which provides an economic solution to eliminating methane venting from pneumatic devices, thereby reducing site emissions by up to 99.5%.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor | €0.0 | round |
| investor | €0.0 | round | |
* | N/A | Series A | |
| Total Funding | 000k | ||
Convrg Innovations Inc. operates as a specialized provider of emissions reduction solutions tailored for the oil and gas industry. The company was founded in Calgary, Canada, in 2019 by mechanical engineers Connor O'Shea, who serves as CEO, and Ben Klepacki, the company's CRO. Initially established as Westgen Technologies, the company rebranded to Convrg Innovations on September 7th, 2023, to better reflect its mission of fostering collaboration between traditional and renewable energy sectors. This rebranding emphasizes the firm's focus on converging technologies to facilitate a sustainable energy evolution.
The company targets oil and gas producers in North America, offering solutions to mitigate methane emissions from pneumatic devices on work sites. Its business model centers on the sale and deployment of its proprietary technology, supported by data-driven services that verify emission reductions. Convrg's flagship product is the Engineered Power on Demand (EPOD) system, a field-deployed micro-grid designed to eliminate methane venting. The EPOD integrates solar power, a battery array, and an industrial-grade power generator to provide a reliable power source for instrument air compressors. This replaces the conventional practice of using pressurized fuel gas to power pneumatic devices, thereby eliminating the associated methane emissions by over 99.5%. The system is engineered to handle variable quality gas and features a digital record-keeping function to validate the emissions reductions achieved. Field testing has demonstrated that an EPOD can reduce annual emissions by 500-1,500 tonnes of CO2e per well site.
Since its inception, Convrg Innovations has secured a total of $112K through three funding rounds, including grants and Series A investments. Key institutional investors include ARC Financial, the Natural Gas Innovation Fund, and Sustainable Development Technology Canada. The company's technology has been validated through programs like the NGIF Accelerator's Emissions Testing Centre, in partnership with major industry players such as Tourmaline Oil Corp. This validation confirmed the EPOD system's effectiveness in real-world conditions, having eliminated over 3,600 tonnes of CO2e emissions at two well sites over a 12-month period. The founding team, which also includes James Freeman, has been recognized with awards for their work in eliminating methane emissions.
Keywords: emissions reduction, methane abatement, oil & gas cleantech, pneumatic device emissions, remote power generation, EPOD system, instrument air, flare gas utilization, carbon capture, sustainable energy, energy technology, Calgary startups, Connor O'Shea, Ben Klepacki, Westgen Technologies, off-grid power, micro-grid solutions, emissions monitoring, environmental technology, CO2e reduction