Galenfeha has a dual focus on battery
technologies and chemical injection pump systems for the oil and gas sector.
The company currently maintains a strong presence in the stored energy sector,
where GLFH has been providing the burgeoning golf cart and NEV (neighborhood
electric vehicle) market with a battery that enhances one of the major growth
factors for the industry, the eco-friendly features such short-range EVs offer,
via their Lithium iron Phosphate (LiFePO4) battery. The company’s 40AH and
“powerhouse” 120AH 12V LiFePO4 batteries represent a sea-change in an industry
that has been dominated by lead-acid batteries for decades. These units provide
a light weight replacement to existing batteries and come equipped with an
advanced proprietary BMS (battery management system), which closely monitors
temperature and other operating parameters, while protecting the cells from
overcharge.
By being compatible with stock OEM
charging systems and yet providing a 70 percent lighter battery, with improved
physical maintenance and re-charge management characteristics, Galenfeha’s
design has helped heighten the environmentally-friendly draw of the platform
itself considerably. Making golf carts and NEVs even more appealing to the core
real estate, hotel and golf course segments of the roughly $524 million
domestic market (IBISWorld) for such vehicles. Revenue growth for the golf
cart/NEV market is forecast to handsomely outpace U.S. GDP growth over the next
five years at an annualized rate of 4.3 percent and Transparency Market
Research’s analysis out last month indicates that during this same time period,
the global market for NEVs will also accelerate.
Galenfeha’s batteries require no water,
no gas is built up during use (as with lead-acid batteries), the unit confers a
25% demand reduction to the motor, and the company’s proprietary BMS is
designed specifically for this platform, allowing 10 percent lower discharge
rates during dormancy and eliminating the risk of sulfation (which occurs when
a lead-acid battery isn’t at full charge), or the state-of-charge degradation
commonly experienced after the end of the golf season when units get stowed
away. The company’s LiFePo4 batteries reinforce Galenfeha’s commitment to
delivering product development, engineering and manufacturing solutions that
are both economical and environmentally friendly, bringing the kind of robust
voltage and current throughputs which are vital to today’s state-of-the-art
golf carts and NEVs. These units offer up to a 40 percent increase to the amount
of directly usable and stable voltage in testing under the performance curve
typical of demanding 18-hole Echelon level, classic Rees Jones-design golf
courses. Such courses draw on the inspiration of both historical Scottish
courses like St. Andrews and the legendary masterworks of American course
design, representing a challenging continuous work load for carts that must
traverse them.
Shortly after Galenfeha’s acquisition of
Daylight Pump, LLC late last month, the company announced they are migrating
production of Daylight’s revolutionary cost-saving and environmental
impact-delimiting chemical injection pump system for the oil and gas industry,
the iWaV, to the company’s own manufacturing and distribution facility in
Shreveport, Louisiana. This intelligent and innovative SCADA (supervisor
control and data acquisition) chemical injection pump system is perfect for any
size of operation, from remote stand-alone wildcats, to big operators with
multiple sites, providing full-spectrum management and optimization of
production controls through an easy to use interface, while also allowing for
reduced chemical usage through significantly increased delivery accuracy.
The iWaV is a computer-controlled system
that allows for two-way SCADA communication with the pumps, allowing operators
to vary the chemical injection rate, remotely monitor chemical flow (optional
in-line flow meter) and tank levels, as well as fully customize controls to
meet their specific needs. This is a paradigm shift away from existing chemical
injection package methods and further opens up the growing global chemical
injection pump market, which is being driven in the oil and gas industry by
increased demand for tighter water and waste water treatment (among other
factors), to Galenfeha.
The global chemical injection pump
market is estimated as growing to around $4.1 billion by 2017 according to
recent analysis by Research and Markets, experiencing a 5.3 percent CAGR as
companies not only move to increase their overall logistical capacity, but move
to make increased investments in modernizing infrastructure as well. With a
U.S. chemical injection market running at around $1 billion, spurred on by
continued development of abundant domestic shale reserves, Galenfeha’s new iWaV
system, one of the most accurate chemical injection pumps available in the oil
and gas sector today, will no doubt see increasing demand from domestic
producers seeking to increase their injection accuracy, reduce cost and waste,
and also significantly reduce overall site contamination in the process.
With WTI crude currently trading back up
over $59 a barrel ($66 for Brent), the iWaV will likely continue to find
abundant consumers both at home and abroad, and this new system adds mightily
to Galenfeha’s already established presence in the market via their innovative
DLP-P Pneumatic Chemical Injection Pump and DLP-S Solar Powered Chemical
Injection Pump systems. The DLP-P for instance, which combines the rate
precision of the company’s proprietary solar powered digital control system,
with the robustness of a pneumatic pump, allows for on-board stroke and rate
control accuracy that delivers plunger size-specific rates ranging from only a
few pints a day, to over 60 gallons a day, all without the need to manually
adjust a needle valve or turn a bolt.
The DLP-S is similarly innovative,
utilizing UHMW (ultra-high-molecular-weight polyethylene) seal technology that
eliminates the guess work of trying to match seal type with chemical type. The
system is also designed from the ground up to isolate chemicals from the motor
housing, while also allowing easy access to the fluid end and pump housing,
making installation and maintenance of this endurance-built pump much easier
than existing solutions.
Galenfeha continues to be at the
forefront of design and manufacturing in their stored energy division, as well
as their oil and gas division, offering sector operators solutions that not
only reduce cost, but reduce environmental impact.
Take a closer look at the company by
visiting www.galenfeha.com
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