Hydraulically Fractured Horizontal Wells Account for Most New Oil and Natural Gas Wells

According to the U.S. Energy Information Administration, in 2016, hydraulically fractured horizontal wells accounted for 69 percent of all oil and natural gas wells drilled in the United States and 83 percent of the total linear footage drilled. The combination of horizontal drilling and hydraulic fracturing has increased the rate of recent U.S. crude oil, lease condensate, and natural gas…

Read More

This Week’s Market Buzz

• Covia’s recent presentation comparing BOE recoveries utilizing Northern White Sand (NWS) to Texas Gold (as a proxy for Regional Sand) is an eye-opener, according to Joel Schneyer, managing director at Capstone Headwaters. Covia reports 16 percent higher EUR’s resulting from the higher crush, sphericity and roundness, and lower acid solubility and turbidity of using NWS compared to Texas Gold.…

Read More

Volvo Site Simulation Helps Customers Lower Total Cost of Production

The next-generation Volvo Site Simulation uses enhanced real-time data to help customers optimize site productivity and maximize profitability. Volvo Site Simulation increases efficiency and profits by providing customers with tools to reduce their total cost per ton. By analyzing worksite conditions and operational goals, Volvo can offer advice on the proper site setup for optimum fuel efficiency and productivity. “We…

Read More

Landmark Equipment Under New Ownership

Landmark Equipment, a long-time member of the Pettibone dealer network based in Portland, Ore., announced a change in ownership. Serving material handling customers in Oregon, Idaho, Montana, Wyoming and northern California, Landmark Equipment has sold and serviced the Pettibone Cary-Lift product line for more than 30 years, and now also carries Pettibone Extendo and Traverse telehandlers. The dealership was originally…

Read More

New Construction Starts in November Slip 7 Percent

At a seasonally adjusted annual rate of $789.3 billion, new construction starts in November decreased 7 percent from October’s elevated amount, according to Dodge Data & Analytics. Most of the total construction decline in the latest month was the result of nonresidential building pulling back 15 percent after its 43 percent surge in October.

Read More
1 2 3 99