EIA said that nearly midway through the summer storage injection season (the beginning of April through the end of October), it projects a record build of 2.6 Tcf (73 x 109 m3) will bring stocks to 3.4 Tcf (96 x 109 m3) by the beginning of winter.
CDM Resource Management LLC is expanding its Greeley, Colorado, facilities to meet growing demand for compression services in the Niobrara Shale play of Colorado and Wyoming.
The U.S. Energy Information Administration (EIA) has reported that although the number of natural gas-directed drilling rigs is particularly low at 250 rotaries, gas production has grown 5% year-over-year.
Southwest Research Institute (SwRI) has received a US$1.8 million contract from the U.S. Department of Energy to develop, build and test a linear motor reciprocating compressor (LMRC).
Compressco Partners L.P. is buying Compressor Systems Inc. (CSI) from Warren Equipment Co. for US$825 million. The deal is expected to close in early August.
Exterran Partners is acquiring another 162 compression units, totaling 110,000 hp (82 MW), from MidCon Compression for US$135 million.