Energy innovation

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What we do

Modern house in a forest with lights on inside.

Recovering wasted energy 
reduces emissions

Person charging their electric vehicle.

Powering our electrical, 
lower-carbon future

Steel Reef employee working at a plant.

Building utility-grade infrastructure for tomorrow

Steel Reef is acquiring and developing essential infrastructure for the capture, transportation and processing of associated gas in the Western Canadian Sedimentary Basin and Bakken Resource Play.

As we transition into a lower-carbon future to meet the increasing global energy demand, Steel Reef is converting flare gas, a previously wasted resource, into power through our emissions-to-energy practice.

There is an abundance of available energy to feed this opportunity.

Globally, 144 billion cubic meters of natural gas was wasted and flared into the atmosphere in 2021—enough to generate 1,800 terawatt hours of energy or 40% of the U.S.’s annual electricity consumption (World Bank).

Steel Reef manages approximately 140 million cubic feet per day of flare gas. This amount of captured gas is equivalent to displacing emissions from 1.45 million homes per year.

Building further emissions-to-energy infrastructure can accelerate the shift from coal to natural gas, which emits half of the CO2 produced compared to burning coal (USEIA). Gas can contribute to the energy transition by delivering fast and deep decarbonization.

Since 2010, coal-to-gas switching has saved around 500 million tonnes of CO2 in the U.S., which is comparable to adding 200 million electric vehicles (EVs) running on zero-carbon electricity on the road over the same period (USEIA).

As we move further into the transition beyond coal, Steel Reef will continue to pioneer technology for electricity generation toward net zero. It will take a collective effort across industries, in the same way the world transitioned from wood to coal to refined oil products.

Our emissions-to-energy practice

Generating a lower-carbon power source by utilizing associated flare gas.

Flare gas captured
Wells across Saskatchewan and North Dakota produce oil and associated gas that is flared into the atmosphere.
Steel Reef facilities
Our infrastructure captures and transports it to our natural gas processing facilities, where we create power, natural gas and end-user products.
Market and Transportation, propane, butane, natural gas, and power
We market and transport natural gas, propane, butane and future electricity to cross-border markets.
Consumer goods
These products are used to heat homes, dry crops, run BBQs, make electronics, personal protective equipment, medical equipment, food packaging, as well as fuel operations.

Sustainability

Steel Reef has Environmental, Social, and Governance (ESG) goals to ensure we are positioned for strong and sustainable growth long into the future.