Articles in "Product Innovations"

Oil production is up thanks to horizontal drilling.
August 29, 2014- Equipment News - Industry News - Product Innovations - Product Trends

Horizontal drilling changing constantly

With the advent of frac sand and horizontal drilling, the hydraulic fracturing industry has skyrocketed.

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Oil production in Colorado has skyrocketed in the past decade.
August 29, 2014- Industry News - Product Innovations

Fracking ban struck down in Lafayette, Colorado

Fracking may resume in Lafayette, Colorado after a judge struck down the 2013 ban on fracking in the area, according to National Public Radio affiliate KUNC Greeley.

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The North American oil industry is booming.
August 28, 2014- Equipment News - Industry News - Product Innovations - Product Trends

Growing oil production keeps prices low

Oil prices have remained relatively low recently due to increased North American oil production, according to the Financial Post. 

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The United States is the world's leader in oil production.
August 27, 2014- Equipment News - Industry News - Product Innovations - Product Trends

The rise of frac sand

As the United States continues to invest in its own oil production, the hydraulic fracturing industry has become one of its largest benefactors.

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Tax revenues have skyrocketed for states in fracking areas.
August 26, 2014- Industry News - Product Innovations - Product Trends

Fracking fills states’ coffers

The hydraulic fracturing of rock has not only produced an influx of oil, but also a flood of money toward state governments, according to Forbes. 

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Railways in the Midwest are gaining traffic from frac sand shipping, which has well owners searching for alternative storage methods.
August 14, 2014- Equipment News - Product Innovations

Well owners look for new frac sand shipping methods because of increased rail congestion

The frac sand industry is increasing railway traffic from Wisconsin to Seattle, Washington, and Portland, Oregon, and all around the Chicagoland area.

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The frac sand mining industry has helped the rail sector upgrade its infrastructure and increased its revenue.
August 4, 2014- Equipment News - Product Innovations

Frac sand delivery increases rail use

The energy industry is benefiting from the surplus of oil and gas, the sand mining sector has seen significant growth as well because of the resources needed in the fracking process.

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While fracking technology has helped the U.S. in energy production in the last decade, the process has been used for more than 50 years.
July 16, 2014- Product Innovations - Product Trends

How hydraulic fracturing made the US an energy giant

Hydraulic fracturing and horizontal drilling has been around for more than half a century in the U.S. – beginning when energy companies performed fracking experiments to reach coal seam gas around the 1940s.

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The U.S. oil production is exceeding to a point where domestic refineries are playing catch-up.
July 15, 2014- Equipment News - Industry News - Product Innovations

US refiners trailing nation’s oil boom production

The U.S. has quickly become one of the largest producers of oil and gas in the world, but while the production continues to surge, the nation’s refineries are facing challenges to keep up with the pace.

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With production increasing in shale plays across the U.S., energy companies could look to railways for shipping LNG resources.
June 18, 2014- Equipment News - Industry News - Product Innovations

Natural gas could be transported by US railway in near future

Currently, the Bakken has to send the majority of its oil resources by rail, but according to Reuters, natural gas companies could begin shipping gas by train in the near future.

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