Oil and gas

Our Wattsmart® Business program offers incentives and engineering support for oil and gas producers, transportation and refinery customers.

Incentives for oil and gas equipment in Wyoming

  1. You submit an application: After you identify a project (or projects) the first step is to submit an oil and gas incentive application package. The package includes the general application, application supplement and IRS Form W-9.
  2. We provide a pre-inspection: Before you pull out existing equipment we need to establish an energy baseline. It is very important that we do this before you purchase anything new. Our inspection will identify the equipment options that will improve performance while saving energy and qualifying for incentives. 
  3. You sign an incentive offer: You will need to sign an incentive offer before you begin project implementation. If you don’t have an incentive offer, you may not be able to receive an incentive.
  4. You implement your project: Purchase and install qualifying equipment at an eligible location.
  5. We provide a post-inspection: We also need to see that the new equipment is installed and functioning correctly. It can be a simple on-sight inspection or it may require more formal savings verification. You’ll be told what the requirements will be during the pre-inspection.
  6. You receive a cash incentive: Congratulations! Within 45 days of final inspection, savings verification, and/or the receipt of all necessary cost documentation you will receive your incentive.

Consider these project ideas:

Production/Upstream Transportation/Midstream Refining/Downstream
Pump off controller

VFDs on motor, pumps, fan
Eliminate recirculation
Electric Submersible Pump (ESP)

Piping/line upsizing Downsize equipment
Improve water injection Add VFD to gas compressor Process controls

Energy management projects – custom to your operation, low-/no-cost system optimization.

Energy Management Measure Energy (kWh) Savings
Electric Cost Savings Installed Cost Incentive Payback Before Incentive Payback After Incentive
Optimize injection pump 453,628 $19,810 $4,500 $9,072 0.23 yrs. 0.0 yrs.
Percentage of cost paid by incentive
202% $0 $9,072
0.23 yrs. 0.0 yrs.

Custom projects – custom to your operation, capital costs with high savings potential.

FAQs