Methane Elimination Tech Firm Gets Investment from BC First Nation

The Halfway River Group, a group of companies and limited partnerships owned by the Halfway River First Nation in British Columbia, is investing in the methane elimination technology of Kathairos Solutions Inc.

Kathairos aims to help the North American oil and gas industry reduce its environmental impact by using nitrogen – a clean, inert gas – as a power gas replacement for methane in driving pneumatic devices.

Kathairos said in a news release that it is particularly well suited to eliminate methane from the hundreds of remote locations operating on Treaty 8 territory that lack access to electrical power and require a simple, reliable off-grid solution.

“Halfway River Group’s investment in an innovative solution that supports oil and gas development alongside environmental stewardship is admirable,” Kathairos President and CEO Dick Brown said. “Together, we look forward to bringing our zero emissions technology to well site locations across the region”.

"This investment aligns with our commitment to uphold our cultural heritage and embrace environmental stewardship while encouraging the oil and gas industry to implement new technologies to reduce impacts within our traditional territory,” Chief Darlene Hunter from Halfway River First Nation said. “We support Kathairos' dedication to sustainable advancements in reducing methane emissions”.

The financial details of the investment were not disclosed.

In February, Kathairos announced a strategic partnership with Doig River First Nation (DRFN) and its economic arm, Úújǫ Developments LP. The collaboration is set to pioneer sustainable environmental practices while fostering economic growth and cultural preservation within DRFN territory, according to an earlier news release.

Brown said, "We are honored to welcome Doig River First Nation as partners as we expedite our expansion across North America. Together, we are establishing a new benchmark in environmental responsibility, highlighting the critical urgency in our collective endeavor to address the industry's methane challenges”.

"Through our partnership with Kathairos, we are setting a new standard for how technology, culture, and environmental stewardship can coexist and reinforce one another," Chief Trevor Makadahay of Doig River First Nation said. "Our focus on diversification, environmental stewardship, and maintaining DRFN’s culture and rights aligns perfectly with Kathairos’ mission to provide sustainable solutions for methane emission reduction”.

Kathairos describes itself as a leading North American solution for well site methane elimination from pneumatic devices, operating in partnership with more than 50 oil and gas producers across the region. Kathairos is proudly committed to solving the problem of methane venting reliably, economically and at scale, enabling producers to meet ambitious decarbonization targets and regulatory timelines.

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