Astec Industries’ Materials Solutions Group has launched its newest mobile high frequency screening plant, the GT2612V. The plant features a 2612V Vari-VibeTM high frequency screen. The two-deck, 6-ft. x 12-ft. (1.8 x 3.7 m) screen uses a unique rotary tensioning system that allows for some of the quickest screen media changes on the market, giving producers more uptime. The 2612V…
Read MoreMonth: August 2022
Stedman Promotes Bowman
Colby Bowman was promoted to marketing and sales services manager of Stedman Machine Co. Prior to this promotion, Bowman spent three years as inside sales manager for Stedman. A Miami of Ohio university graduate, Bowman joined Stedman in 2016 as an outside parts salesperson. “We’ve seen tremendous potential over the years from Colby as he handles each role’s unique challenges,”…
Read MoreIstmo Energy Starts Operations at Two Rail Terminals
Istmo Energy LLC announced the start of commercial operations at the first of two rail terminals under its control. The Pecos-East Rail Terminal Istmo acquired in 2021, located in Pecos, Texas, consists of two unit-train loops with more than 20,000 ft. of usable track and direct connection to the UPRR.
Read MoreShale Producers Facing Hedging Losses
U.S. shale oil producers are in line to suffer more than $10 billion in derivative hedging losses this year if oil prices remain around $100 per barrel, Rystad Energy research showed. Many shale operators offset their risk exposure through derivative hedging, helping them to raise capital for operations more efficiently. Those who hedged at lower prices last year are in…
Read MoreHighPeak Comments on Second-Quarter Success, Flat Top Frac Operations
HighPeak Energy announced that net sales volumes, excluding the acquired Hannathon production during the second quarter 2022 averaged 21,995 Boe/d, consisting of approximately 86% oil and 95% liquids.
Read MoreSmart Sand Trumpets Successful Second Quarter
Smart Sand Inc. announced results for the second quarter 2022. Revenues were $68.7 million in the second quarter of 2022, compared to $41.6 million in the first quarter of 2022 and $29.6 million in the second quarter of 2021. Revenues increased in the second quarter, compared to both the first quarter of 2022 and the second quarter of 2021, due…
Read MoreThis Week’s Market Buzz
• At press time, Brent crude futures were down 13 cents, or 0.1%, at $96.46 a barrel at 1339 GMT. U.S. West Texas Intermediate crude was at $90.78 a barrel, up 28 cents, or 0.3%.
Read MoreElgin Sweeper Releases New Broom Badger
The enhanced, Elgin-manufactured Broom Badger is a compact, highly maneuverable street sweeper, the latest in the innovative lineup from Elgin Sweeper, a global manufacturer of street sweepers. Once again Elgin engineers incorporated updates based on extensive customer feedback.
Read MoreCummins Opens New Microgrid Testing Laboratory
Cummins Inc. celebrated the grand opening of a new microgrid lab called the Power Integration Center (PIC) at its Power Systems facility in Fridley, Minn. The PIC is a state-of-the-art facility that allows for the configuration, integration and testing of power system technologies including diesel and natural gas generator sets, photovoltaic (PV) solar panels, battery storage systems, fuel cells, transfer…
Read MoreXylem Technology Helps Solve Water Challenges
Solutions from global water technology company Xylem helps solve the world’s greatest water challenges, according to its annual Sustainability Report. The report highlights the company’s work with customers and partners. It also details Xylem’s progress to reduce its operational footprint, including cutting Scope 1 and 2 greenhouse gas (GHG) emission intensity by 12% and water use by 22%, versus 2019.…
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