Answer: Learning Curve - July 2014


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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.

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.

Kobelco Establishes Brazilian Subsidiary

Kobelco Machinery do Brasil Ltda. (KMB) has begun the marketing of nonstandard compressors (custom-engineered process compressors) in South America from headquarters in Sao Paulo.