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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.

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.

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.

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.

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.

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).

Exterran Reports Solid Second Quarter Earnings

Exterran Holdings Inc. said its earnings before interest, taxes, depreciation and amortization were US$161.1 million for the second quarter 2014, compared to US$144.8 million for the first quarter and US$176.1 million for the second quarter 2013.

Sulzer Completes Acquisition Of Grayson Armature

Sulzer has completed an agreement to acquire both Grayson Armature businesses, Grayson Armature Large Motor Division Inc. and Grayson Armature Orange Texas Inc.

Compressor Station’s Waste Heat Captured

ElectraTherm has partnered with ConocoPhillips to capture waste heat from a compression station at Cessford, Alberta, and generate 90kWe of electricity.

Energy Efficiency Criteria Coming for Compressors

The U.S. Department of Energy plans to establish energy efficiency standards for new natural gas compressors as part of a program to reduce methane leaks from natural gas pipelines.

U.S. Gas Injections at Record Pace

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 Boosts Niobrara Shale Capability

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.

Natgas Rides Tight Oil Drilling Boom

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.

SwRI to Develop Linear Motor Recip

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 to Buy Compressor Systems Inc.

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.

Baltic States To Cut Reliance On Russian Gas

Siemens Makes Supersized CO2 Compressors

Corac’s 'Dirty Gas' Flowloop to Enhance Testing

MAN Operating New Training Center

Exterran Buys Midcon Compression Assets

Exterran Partners is acquiring another 162 compression units, totaling 110,000 hp (82 MW), from MidCon Compression for US$135 million.

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