December 2011
The American Oil & Gas Reporter
Like most startups, Joule Processing LLC formed to meet a specific need.
“My partner and I knew the growing shale plays would require additional gas processing and treating equipment,” says Daniel Kennedy, a process engineer who formed Joule with natural gas derivatives broker Benjamin Victor in 2009. “We believed there was a need for a company that would not only provide the equipment, but also would work closely with customers to understand their problems and find a cost-effective solution.”
This approach makes life easier for producers, Kennedy says. “Instead of asking our clients to come to us with the plants they need, we look at the details of their application and identify the most cost-effective way to solve it. As a result, our customers do not need to be experts in gas treating and processing,” he asserts.