Kathairos Solutions Revenue and Competitors

Our name means 'clean air,' and our mission is methane. We’re on a mission to combat the unprecedented challenge of a warming planet, while recognizing that today’s oil and gas producers are an integral part of the transition, and in turn, the solution. Our first technology uses liquid nitrogen, a non-polluting gas that constitutes 78% of the air we breathe, to power remote oil and gas well site devices. In doing so, the need for methane gas as an operating fuel is completely eliminated, as is the corresponding release of harmful methane gas. When vented to the atmosphere through pneumatic, or 'gas powered' devices, methane is a highly potent and particularly harmful greenhouse gas that accounts for well over 7 million tonnes of CO2 equivalent each year in Alberta alone. Until now, there has been no widely adopted solution. Particularly on small, low-producing wells where introducing a solar-powered generator or other battery-operated device is both complex and cost-prohibitive. The Kathairos system has no moving parts and requires no maintenance or electricity. Operator involvement is reduced to a single on/off nitrogen gas supply valve, and everything else is automated – including the carbon credits. Further, with Kathairos' unique tank leasing and nitrogen refill model, we are able to provide the lowest cost solution in the fight against remote well site methane emissions, period. The cost of implementing Kathairos' methane elimination solution is less than the actual carbon credits generated. Meaning that for Alberta producers, it's a completely cost-free move in the right direction. Better yet, we will manage the offset project planning, reporting and credit serialization process from start to finish. We can't wait to work alongside you in our shared goal of an emission-free future, beginning with the elimination of methane emissions at remote well sites – efficiently and affordably. The transition is now, and the solutions are real. kathairos.com