Archive of: Compressor News

Issue

Title

August 2014

CNG Export Proposal Pending

A Morgan Stanley subsidiary has applied to the U.S. Department of Energy for a permit to export up to 60 Bfcy (1.7 x 109 m3/y) of compressed natural gas (CNG) gas from a proposed terminal near Freeport, Texas.

August 2014

Cameron Sells Centrifugal Division to Ingersoll Rand

Cameron is selling its centrifugal compression division to Ingersoll Rand (IR) for US$850 million as part of a long-term business strategy to focus on its core markets.

August 2014

U.S. Gas Exports to Mexico Set Record

U.S. natural gas exports to Mexico were a record 2.5 Bcfd (70.8 x106 m3/d) on July 24 and averaged 2.3 Bcfd (65.1 x106 m3/d) from June through August, more than double the pipeline flow in 2010.

August 2014

USA Compression Orders More Horsepower

USA Compression Partners LP, Austin, said its fleet horsepower has increased 38.9% to 1.3 million hp (1000 MW), compared to the same period last year, aided in part by its acquisition of 138,000 hp (103 MW) from S&R Compression in August 2013.

July 2014

Compressco Partners Improves Utilization Rate

Compressco Partners of Oklahoma City reported that its average compressor fleet utilization rate was 85.3% during the second quarter, compared to 82.6% in the same period of 2013.

July 2014

NGSG’s Rental Revenues Climb 16%

Natural Gas Services Group of Midland, Texas, said its second quarter revenues rose to US$22 million, up from US$20.3 million in the corresponding period of 2013, due to a 16% gain in rental revenue.

July 2014

Marcellus Gas Output Skyrockets

Natural gas production from the Marcellus Shale in in West Virginia and Pennsylvania has soared to 15 Bcfd (425 x 106 m3/d) from 2 Bfcd (56 x 106 m3/d) only 4 years ago, according to the U.S. Energy Information Administration (EIA).

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