STOCK TITAN

ChampionX’s Aerial Optical Gas Imaging (AOGI) Platform Secures EPA Approval for Regulatory Compliance

Rhea-AI Impact
(High)
Rhea-AI Sentiment
(Positive)
Tags

ChampionX (NASDAQ: CHX) announced that its Aerial Optical Gas Imaging (AOGI) platform has received EPA approval for Methane Alternative Test Method outlined in OOOOb. The platform enables efficient detection and location of fugitive methane emissions, capable of surveying over 150 sites daily.

The AOGI platform, the first component-level platform approved by EPA, combines high-definition OGI technology with an advanced gimbal system for precise methane leak detection. The technology has been adapted for various applications including handheld, fixed, drone, and aerial systems.

This development represents a significant advancement in emissions monitoring, particularly beneficial for operators seeking to meet regulatory requirements while maintaining operational efficiency. The platform leverages ChampionX's 140 years of oilfield expertise and complements their existing suite of emissions monitoring technologies.

ChampionX (NASDAQ: CHX) ha annunciato che la sua piattaforma di Imaging Ottico Aereo del Gas (AOGI) ha ricevuto l' per il Metodo di Test Alternativo al Metano delineato in OOOOb. Questa piattaforma consente una rilevazione e localizzazione efficienti delle emissioni di metano fuggitive, capace di monitorare oltre 150 siti al giorno.

La piattaforma AOGI, il primo sistema a livello di componente approvato dall'EPA, combina la tecnologia OGI ad alta definizione con un avanzato sistema di gimbal per la rilevazione precisa delle perdite di metano. La tecnologia è stata adattata per varie applicazioni, tra cui sistemi portatili, fissi, droni e aerei.

Questo sviluppo rappresenta un significativo progresso nel monitoraggio delle emissioni, particolarmente vantaggioso per gli operatori che cercano di soddisfare i requisiti normativi mantenendo l'efficienza operativa. La piattaforma sfrutta i 140 anni di esperienza di ChampionX nel settore petrolifero e integra la loro attuale gamma di tecnologie per il monitoraggio delle emissioni.

ChampionX (NASDAQ: CHX) anunció que su plataforma de Imágenes Ópticas Aéreas de Gas (AOGI) ha recibido la aprobación de la EPA para el Método de Prueba Alternativo de Metano descrito en OOOOb. La plataforma permite la detección y localización eficientes de emisiones de metano fugitivas, capaz de inspeccionar más de 150 sitios diariamente.

La plataforma AOGI, el primer sistema a nivel de componente aprobado por la EPA, combina tecnología OGI de alta definición con un avanzado sistema de gimbal para la detección precisa de fugas de metano. La tecnología ha sido adaptada para diversas aplicaciones, incluyendo sistemas portátiles, fijos, drones y aéreos.

Este desarrollo representa un avance significativo en el monitoreo de emisiones, siendo particularmente beneficioso para los operadores que buscan cumplir con los requisitos regulatorios mientras mantienen la eficiencia operativa. La plataforma aprovecha los 140 años de experiencia de ChampionX en el campo del petróleo y complementa su actual gama de tecnologías de monitoreo de emisiones.

ChampionX (NASDAQ: CHX)는 그들의 공중 광학 가스 이미징(AOGI) 플랫폼이 OOOOb에 설명된 메탄 대체 테스트 방법에 대해 EPA 승인을 받았다고 발표했습니다. 이 플랫폼은 150개 이상의 사이트를 매일 조사할 수 있는 도망가는 메탄 배출을 효율적으로 탐지하고 위치를 파악할 수 있습니다.

AOGI 플랫폼은 EPA에서 승인한 첫 번째 구성 요소 수준 플랫폼으로, 고해상도 OGI 기술과 정밀한 메탄 누출 탐지를 위한 고급 짐벌 시스템을 결합합니다. 이 기술은 휴대용, 고정식, 드론 및 공중 시스템을 포함한 다양한 응용 프로그램에 맞게 조정되었습니다.

이 발전은 배출 모니터링에서 중요한 진전을 나타내며, 규제 요구 사항을 충족하면서 운영 효율성을 유지하려는 운영자에게 특히 유익합니다. 이 플랫폼은 ChampionX의 140년의 석유 분야 전문성을 활용하며, 기존의 배출 모니터링 기술 제품군을 보완합니다.

ChampionX (NASDAQ: CHX) a annoncé que sa plateforme d'imagerie optique aérienne de gaz (AOGI) a reçu l' pour la méthode de test alternative au méthane décrite dans OOOOb. Cette plateforme permet la détection et la localisation efficaces des émissions fugitives de méthane, capable d'examiner plus de 150 sites par jour.

La plateforme AOGI, la première plateforme au niveau des composants approuvée par l'EPA, combine une technologie OGI haute définition avec un système de gimbal avancé pour une détection précise des fuites de méthane. La technologie a été adaptée à diverses applications, y compris des systèmes portables, fixes, de drones et aériens.

Ce développement représente une avancée significative dans le suivi des émissions, particulièrement bénéfique pour les opérateurs cherchant à répondre aux exigences réglementaires tout en maintenant l'efficacité opérationnelle. La plateforme tire parti des 140 ans d'expertise de ChampionX dans le domaine pétrolier et complète leur gamme existante de technologies de surveillance des émissions.

ChampionX (NASDAQ: CHX) gab bekannt, dass seine Plattform für optische Gasbildgebung aus der Luft (AOGI) die Genehmigung der EPA für die im OOOOb beschriebenen alternativen Methan-Testmethoden erhalten hat. Die Plattform ermöglicht eine effiziente Erkennung und Lokalisierung von entweichenden Methanemissionen und kann täglich über 150 Standorte überwachen.

Die AOGI-Plattform, die erste komponentenbasierte Plattform, die von der EPA genehmigt wurde, kombiniert hochauflösende OGI-Technologie mit einem fortschrittlichen Gimbalsystem zur präzisen Erkennung von Methanleckagen. Die Technologie wurde für verschiedene Anwendungen angepasst, einschließlich tragbarer, fester, Drohnen- und Luftsysteme.

Diese Entwicklung stellt einen bedeutenden Fortschritt im Emissionsmonitoring dar und ist besonders vorteilhaft für Betreiber, die gesetzliche Anforderungen erfüllen und gleichzeitig die Betriebseffizienz aufrechterhalten möchten. Die Plattform nutzt die 140-jährige Erfahrung von ChampionX im Ölgeschäft und ergänzt ihre bestehende Palette an Technologien zur Emissionsüberwachung.

Positive
  • First EPA-approved component-level platform for methane detection
  • High operational efficiency - capability to survey 150+ sites per day
  • Versatile technology applications (handheld, fixed, drone, aerial systems)
Negative
  • None.

Insights

ChampionX's EPA approval for its Aerial Optical Gas Imaging platform represents a significant regulatory milestone for the company's emissions management technology. The platform's capability to survey over 150 sites daily creates substantial operational efficiency compared to traditional monitoring methods - a critical advantage in today's regulatory environment.

The approval specifically addresses the EPA's Methane Alternative Test Method outlined in OOOOb regulations, creating immediate market relevance. As the first component-level platform to receive this designation, ChampionX gains first-mover advantage in providing compliant aerial methane detection technology at scale.

The technical integration of high-definition OGI with advanced gimbal systems enables precise leak detection while maintaining throughput - solving a fundamental industry challenge of balancing accuracy with coverage area. This matters because operators face increasing pressure to minimize fugitive emissions while controlling compliance costs.

The platform adds to ChampionX's comprehensive emissions technology portfolio, which includes their Aura OGI camera, Soofie continuous monitors, and drone systems. This positions the company as an end-to-end provider rather than a point-solution vendor, creating competitive differentiation in the fragmented emissions monitoring market.

This EPA approval represents a substantial competitive advantage for ChampionX in the rapidly evolving emissions compliance landscape. With methane regulations tightening globally, obtaining formal regulatory validation creates immediate market credibility and potential for accelerated adoption.

The AOGI platform addresses a critical inefficiency in current compliance workflows - the time and cost burden of extensive site monitoring. By enabling surveys of 150+ sites daily, the technology creates operational leverage for operators of all sizes, with particular benefits mentioned for small businesses facing proportionally higher compliance costs.

The technology's specific approval under the OOOOb regulatory framework means immediate applicability to current compliance requirements rather than speculative future value. This timing aligns perfectly with the industry's urgent need for scalable, EPA-approved monitoring solutions.

ChampionX's strategic positioning of this platform within their broader emissions technologies portfolio demonstrates a cohesive approach to capturing market share in environmental monitoring. By offering multiple compliant technologies across different deployment models (aerial, fixed, handheld), they've created a comprehensive solution set that can be tailored to various operational environments and regulatory requirements.

THE WOODLANDS, Texas, March 04, 2025 (GLOBE NEWSWIRE) -- ChampionX Corporation (“ChampionX” or the “Company”) (NASDAQ: CHX), a global leader in oilfield technology, announced today its ChampionX Emissions Technologies’ Aerial Optical Gas Imaging (AOGI) platform has received approval from the U.S. Environmental Protection Agency (EPA) for the Methane Alternative Test Method outlined in OOOOb. This approval marks a significant milestone in emissions management, empowering operators to integrate AOGI into their emissions monitoring programs to detect and locate fugitive methane emissions with unmatched efficiency and precision.

ChampionX’s AOGI platform has gained industry-wide recognition for its ability to complement fugitive emissions screening processes. It helps create efficiency with the possibility of surveying over 150 sites per day. By leveraging Optical Gas Imaging (OGI) technology, AOGI offers a scalable solution with the intent of reducing the time and cost required for emissions monitoring for operators of all sizes.

“As the first component-level platform approved by the EPA, AOGI represents a new standard in emissions monitoring,” said Sivasankaran ‘Soma’ Somasundaram, President & CEO of ChampionX. “This advanced method enables operators to monitor emissions to assist operators in taking action to meet regulatory requirements efficiently while seamlessly integrating into their existing workflows.”

This proven method combines high-definition OGI technology with an advanced gimbal system to detect, locate, and visualize methane leaks with pinpoint accuracy. The OGI technology has been refined for a variety of applications, including handheld, fixed, drone, and aerial systems.

“It’s the ultimate use of OGI, a familiar and trusted technology to pinpoint leaks quickly and efficiently from the air,” said Shankar Annamalai, Senior Vice President of Emissions Technologies and Permian Geomarket. “Given the scale of the oil and gas industry, streamlining the leak detection process is a big relief to operators, especially for small businesses.”

“This approval underscores our commitment to innovation and reinforces the United States’ position as a leading producer of efficient and sustainable oil and gas,” said Somasundaram.

Using our 140 years of oilfield expertise, ChampionX has, and will, continue to support the oil and gas sectors with cutting-edge technologies – ike AOGI, the Aura OGI™ camera, Soofie® continuous monitors, drones with HALO OGI® or Open Path Laser Spectrometer (OPLS) technology, and fixed-wing surveys – to address the evolving environmental and operational challenges.

For more information on how AOGI can complement your emissions monitoring program, visit ChampionX Emissions Technologies | AOGI or contact us at contactemissions@championx.com.

About ChampionX Emissions Technologies
ChampionX Emissions Technologies combines deep industry expertise with advanced technology to effectively tackle environmental challenges. By continuously enhancing our solutions, we assist clients in managing the complexities of emissions, ensuring a cleaner and more sustainable future.

About ChampionX
ChampionX is a global leader in chemistry solutions, artificial lift systems, and highly engineered equipment and technologies that help companies drill for and produce oil and gas safely, efficiently, and sustainably around the world. ChampionX’s expertise, innovative products, and digital technologies provide enhanced oil and gas production, transportation, and real-time emissions monitoring throughout the lifecycle of a well. To learn more about ChampionX, visit our website at www.championx.com.

Investor Contact: Byron Pope, byron.pope@championx.com, 281-602-0094

Media Contact: John Breed, john.breed@championx.com, 281-403-5751


FAQ

What is the significance of EPA approval for ChampionX's AOGI platform?

It's the first component-level platform approved for Methane Alternative Test Method in OOOOb, enabling operators to meet regulatory compliance efficiently.

How many sites can ChampionX's AOGI platform survey per day?

The platform can survey over 150 sites per day, significantly improving efficiency in emissions monitoring.

What technologies does the CHX AOGI platform combine for methane detection?

It combines high-definition Optical Gas Imaging (OGI) technology with an advanced gimbal system for precise methane leak detection.

What different applications is ChampionX's OGI technology available in?

The technology is available in handheld, fixed, drone, and aerial system applications.

How does the AOGI platform benefit small business operators in the oil and gas sector?

It streamlines the leak detection process, making emissions monitoring more efficient and cost-effective for operators of all sizes.
Championx Corporation

NASDAQ:CHX

CHX Rankings

CHX Latest News

CHX Stock Data

4.66B
188.24M
1.14%
93.63%
4.62%
Oil & Gas Equipment & Services
Construction, Mining & Materials Handling Machinery & Equip
Link
United States
THE WOODLANDS