Flotek's 'XSPCT ™' Custody Transfer Unit Becomes the First Optical Spectrometer to Meet GPA 2172 Standard
Flotek (NYSE: FTK) announced that its XSPCT optical spectrometer became the first optical instrument to meet GPA 2172 custody transfer standards, enabling real-time, auditable gas volume and quality data for royalty owners, operators and midstream firms.
Key validation metrics include >95% pass rates for methane, ethane and propane in a South Texas Eagle Ford round-robin, a nine-month field trial across three U.S. basins showing a 0.3 BTU/scf bias (0.02% deviation) over 2,600 samples, and measurement cadence of 5–20 seconds versus infrequent gas chromatography sampling.
Flotek (NYSE: FTK) ha annunciato che il suo XSPCT spettrometro ottico è diventato il primo strumento ottico a soddisfare gli standard di trasferimento di custodia GPA 2172, permettendo dati in tempo reale e auditable sul volume e sulla qualità del gas per i proprietari delle royalties, gli operatori e le aziende midstream.
Le metriche chiave di validazione includono tassi di passaggio >95% per metano, etano e propano in un round-robin Eagle Ford del South Texas, una prova sul campo di nove mesi su tre bacini degli Stati Uniti che mostra un bias di 0,3 BTU/scf (0,02% di deviazione) su 2.600 campioni e una cadenza di misurazione di 5–20 secondi rispetto a campionamenti di gas cromatografico poco frequenti.
Flotek (NYSE: FTK) anunció que su espectrómetro óptico XSPCT se convirtió en el primer instrumento óptico en cumplir con los estándares de transferencia de custodia GPA 2172, lo que permite datos en tiempo real y auditable de volumen y calidad del gas para los propietarios de regalías, operadores y empresas de midstream.
Las métricas clave de validación incluyen tasas de aprobación >95% para metano, etano y propano en un round-robin Eagle Ford del sur de Texas, una prueba de campo de nueve meses en tres cuencas de EE. UU. que muestran un sesgo de 0,3 BTU/scf (0,02% de desviación) en 2.600 muestras, y una cadencia de medición de 5–20 segundos frente a muestreo de cromatografía de gas poco frecuente.
Flotek (NYSE: FTK)의 광학 분광기 XSPCT가 GPA 2172 보관 양도 표준을 충족하는 최초의 광학 기기가 되었으며, 로열티 소유주, 운용자 및 미드스트림 기업을 위해 실시간으로 감사 가능한 가스 부피 및 품질 데이터를 가능하게 합니다.
주요 검증 지표로는 남텍사스 주 이글 포드의 라운드 로빈에서 메탄, 에탄, 프로판의 합격률이 95%를 초과하고, 미국 내 세 개 분지에 걸친 9개월 현장 시험에서 2,600개의 샘플에 대해 0.3 BTU/scf 편향(0.02% 편차)를 보였으며, 가스 크로마토그래피 샘플링이 드문 경우에 비해 측정 간격이 5–20초로 나타났습니다.
Flotek (NYSE: FTK) a annoncé que son spectromètre optique XSPCT est devenu le premier instrument optique à satisfaire les normes de transfert de garde GPA 2172, permettant des données en temps réel et auditées sur le volume et la qualité du gaz pour les titulaires de redevances, les opérateurs et les entreprises en amont/midstream.
Les mesures de validation clés incluent des taux de réussite >95% pour le méthane, l’éthane et le propane dans un round-robin Eagle Ford du sud du Texas, un essai sur le terrain de neuf mois sur trois bassins américains montrant un biais de 0,3 BTU/scf (0,02% de déviation) sur 2 600 échantillons, et une cadence de mesure de 5–20 secondes par rapport à des échantillonnages de gaz par chromatographie peu fréquents.
Flotek (NYSE: FTK) hat bekannt gegeben, dass sein XSPCT Optik-Spektrometer das erste optische Instrument ist, das die GPA 2172 Verwahrungs- und Übertragungsstandards erfüllt, und ermöglicht Echtzeit- und prüfbare Gasvolumen- und Qualitätsdaten für Royalty-Besitzer, Betreiber und Midstream-Firmen.
Zu den wichtigsten Validierungskennzahlen gehören >95% Bestehensquoten für Methan, Ethan und Propan in einem South Texas Eagle Ford Round-Robin, ein neunjähriger Feldversuch über drei US-Becken, der eine 0,3 BTU/scf Bias (0,02% Abweichung) über 2.600 Proben zeigt, und eine Messfrequenz von 5–20 Sekunden gegenüber seltenen Gas-Chromatographie-Probennahmen.
Flotek (NYSE: FTK) أعلنت أن جهازها XSPCT البصري أصبح أول أداة بصرية تلبي معايير GPA 2172 لنقل الحيازة، مما يمكّن بيانات فورية قابلة للتحقق من حجم الغاز وجودته لمالكي الإتاوات والمشغلين وشركات الميداتريم.
تشمل مقاييس التحقق الرئيسية معدلات النجاح >95% للميثان والإيثان والبروبان في تجربة دورانية Eagle Ford بجنوب تكساس، وتجربة ميدانية لمدة تسعة أشهر عبر ثلاث حوضات أمريكية تُظهر انحيازاً قدره 0.3 BTU/scf (0.02% انحراف) عبر 2,600 عينة، وتواتر قياس قدره 5–20 ثانية مقارنة بجمع عينات الغاز بكروماتوغرافيا الغاز غير المتكرر.
Flotek（NYSE: FTK） 宣布其 XSPCT 光学分光仪已成为首台符合 GPA 2172 托管转移标准的光学仪器，使特许权拥有者、运营商和中游公司能够获得实时、可审计的天然气体积和质量数据。
关键验证指标包括在南得克萨斯州埃格尔福德轮调测试中的甲烷、乙烷和丙烷通过率 >95%，在三个美国盆地的九个月现场试验中显示 0.3 BTU/scf 偏差（0.02% 偏差），以及与较少进行的气体色谱取样相比的测量节奏为 5–20 秒。
- GPA 2172 compliance—first optical spectrometer to meet custody transfer standard
- >95% pass rates for key hydrocarbons in South Texas round-robin
- 0.3 BTU/scf bias (0.02%) across 2,600 samples in nine-month trial
- Real-time readings every 5–20 seconds versus GC spot sampling every months
- No moving parts / 10+ years low-maintenance field design
- None.
Insights
Flotek's XSPCT passing GPA 2172 represents a clear operational and commercial advantage for custody transfer measurement.
The XSPCT meets industry custody-transfer accuracy by passing GPA 2172 requirements and showing >
Adoption depends on commercial acceptance, third‑party auditability of test data, and integration into contract and custody workflows. The claim of real‑time analysis (every 5–20 seconds) and lower maintenance (no moving parts, no consumables) materially reduces sampling cadence gaps described versus gas chromatography; however, formal acceptance by counterparties and contract language updates remain prerequisites for wider use. Watch for published test protocols, independent verification reports, and any contractual pilot conversions over the next 6–18 months from
We believe the XSPCT's qualification under the rigorous measurement accuracy standards outlined in GPA 2172 will provide a significant advantage in discussions with prospective customers.
Key Highlights:
-
Validated Accuracy for Accelerated Customer Adoption: In a South Texas Eagleford test, all five XSPCT units exceeded
95% pass rates for methane, ethane, propane and higher hydrocarbons, meeting or exceeding GPA 2261 reproducibility standards for precise gas measurement. -
Historic First: The XSPCT is the first optical spectrometer to comply with GPA 2172, revolutionizing custody transfer by delivering reliable, real-time gas quality and volume data.
-
Proven Reliability: A nine-month field trial across three major
U.S. basins with over 12 units showed a negligible bias of 0.3 BTU/scf (0.02% deviation) across 2,600 samples compared to traditional gas chromatography. -
Cost and Efficiency Gains: Real-time analysis every 15 seconds—versus gas chromatography's spot sampling every 3–6 months or auto-sampling every 6 minutes—reduces costs and enhances decision-making.
- Trusted by Industry: Two separate industry-leading companies, an E&P operator and a Midstream company, have tested and approved XSPCT for digital valuation of custody transfer, validating its transformative potential.
XSPCT Digital Valuation Solution Overview
The XSPCT is a near-infrared measurement solution that evaluates hydrocarbon gas streams to provide real-time volume and quality data. It excels in:
- Speed: Delivers measurements every 5–20 seconds, far surpassing traditional methods.
- Accuracy: Industry tested to meet GPA 2172 standards for custody transfer.
- Data: Automatically generates rich datasets to enhance production and engineering decisions.
- Durability: Features no moving parts, no consumable gases and over 10 years of low-maintenance field performance.
Field-Tested Validation
In a rigorous round-robin test at a South Texas Eagle Ford site, five XSPCT spectrometers analyzed identical gas streams, consistently meeting GPA 2261 reproducibility standards. Laboratory tests further confirmed the instrument's precision, aligning with GPA 2261 repeatability requirements.
Industry Impact
"The XSPCT's industry validated accuracy and real-time insights set a new standard for custody transfer, delivering unmatched value," said Ryan Ezell, CEO of Flotek. "This technology empowers royalty owners, operators and purchasers with transparent, data-driven valuations, designed to streamline operations and boost efficiency."
Flotek's customer validation achievement and industry endorsement position the XSPCT to streamline operations, reduce costs and enhance data-driven decision-making for upstream and midstream operators worldwide."
About Flotek Industries, Inc.
Flotek Industries, Inc. is a leading chemistry and data technology company focused on servicing the Energy industry. Flotek's technologies leverage real-time data to deliver innovative solutions to maximize customer returns. Flotek has an intellectual property portfolio of over 130 patents, 20+ years of field and laboratory data and a global presence in more than 59 countries.
Flotek has established collaborative partnerships focused on sustainable and optimized chemistry and data solutions, aiming to reduce the environmental impact of energy on land, air, water and people.
Flotek is based in
Forward-Looking Statements
Certain statements set forth in this press release constitute forward-looking statements (within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934) regarding Flotek Industries, Inc.'s business, financial condition, results of operations and prospects. Words such as will, continue, expect, anticipates, intends, plans, believes, seeks, estimates and similar expressions or variations of such words are intended to identify forward-looking statements, but are not the exclusive means of identifying forward-looking statements in this press release. Although forward-looking statements in this press release reflect the good faith judgment of management, such statements can only be based on facts and factors currently known to management. Consequently, forward-looking statements are inherently subject to risks and uncertainties, and actual results and outcomes may differ materially from the results and outcomes discussed in the forward-looking statements. Further information about the risks and uncertainties that may impact the Company are set forth in the Company's most recent filing with the Securities and Exchange Commission on Form 10-K (including, without limitation, in the "Risk Factors" section thereof), and in the Company's other SEC filings and publicly available documents. Readers are urged not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company undertakes no obligation to revise or update any forward-looking statements in order to reflect any event or circumstance that may arise after the date of this press release.
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SOURCE Flotek Industries, Inc.
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