NGL, Condensate Recovery Opportunities
TransTech Energy, through its newly formed subsidiary, TransTech Fabrication, announced today the acquisition of Tubular Structures International LLC (“TSI”), a leading fabricator of pressure vessels, storage vessels, and processing equipment for the oil and gas industry
NGL Storage in Demand
As the shale boom continues to fuel exponential growth in natural gas exploration and production, engineering construction entities (E&C’s) are racing to expand midstream pipelines, gathering systems and processing facilities to keep pace with production and connect new areas of supply to markets.
As the shale gas revolution continues to drive record levels of natural gas production, a growing number of power producers and industrial users alike are making the move to natural gas as a primary fuel source. Attractive for both new generating capacity and as a replacement for capacity formerly supported by other fuels, natural gas is seen as both a cost-cutting measure and as a way to prepare for existing and up-and-coming, more stringent carbon emissions regulations.
TransTech Energy is pleased to announce the hiring of Sandy Cates as Director of LPG Solutions. Sandy brings more than 15-years of LPG industry experience with extensive knowledge in LPG storage facility design & construction and LPG industrial fuel applications. As TransTech Energy’s Director of LPG Solutions, Sandy will be responsible for sales and system design for LPG bulk plants and industrial LPG/SNG fuel systems design and implementation. Sandy will work closely with the engineering and field services teams to ensure all facets of each project meet the customer’s requirements, manufacturer’s specification and applicable codes.
As today’s advanced horizontal drilling methods combined with the decades old practice of hydraulic fracturing continue to unlock unprecedented shale gas opportunities across North America, NGL extraction and fractionation activities are growing in near lock-step pace with natural gas production at record-breaking levels projected to continue into the coming decades.
The remarkable increase in production of natural gas liquids (NGL) and related NGL purity products resulting from the ongoing U.S. shale boom has led to a surge in demand for related storage capacity, required both at the wellhead and at all points across the delivery chain.