3rd Annual
R ocky M o u n tai n
Oil & Gas Awards 2015
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Call for Entries
Oil & Gas Awards March 2016 Gulf Coast Houston
Northeast Pittsburgh
Rocky Mountain
October 2016
Southwest/ Midcontinent Dallas
West Coast Bakersfield
Denver ENTRIEs dEadlINE:
ENTRIEs dEadlINE:
Thursday, december 10, 2015
Thursday, July 28, 2016
Canada June 2016 ENTRIEs dEadlINE: Thursday, april 14, 2016 Calgary For further information please visit www.oilandgasawards.com There is no better PR than PEER RECOGNITION 2
Oil & Gas Awards 2015
Welcome to the 2015 Rocky Mountain Oil & Gas Awards commemorative Yearbook
T
hese were the 3rd Annual Awards for the Rocky Mountain region and the organizations and individuals in this journal were acknowledged by the award’s judging panel to have excelled in their work in 2014, whilst also focusing on the industry core values of Health & Safety, Environmental Stewardship and Corporate Social Responsibility. The Oil & Gas Awards champion best practice and recognize organizations operating in the upstream and midstream sectors of the industry. The media and members of the general public do not distinguish between the different sectors of the industry, which is why the Awards incorporate categories for all parts of the upstream and midstream sectors. The absent mindedness of an individual on an assembly line can have dramatic consequences months later should equipment fail when being used in the field. This reflects badly on the industry as a whole, we therefore think it is extremely important that best practice is championed from top to bottom and the Awards are a platform to promote to the press and public the great work being done. The Oil & Gas Awards are unique in highlighting the incredible innovation and commitment to positive industry development and expansion, rebutting traditionally negative mainstream coverage. The Awards celebrate corporate success twinned with organization’s commitment to health & safety, environmental stewardship and corporate social responsibility. In this 3rd year for the Awards in this region we had the 2nd Industry Summit
during the day immediately before the Awards gala dinner in the evening. In this yearbook you can read coverage from the Industry Summit keynote presentations and speaker panels discussing the challenges the industry faces. I hope you find this interesting and hope to see you at next years Industry Summit. I would like to congratulate all of the organizations and individuals that were voted finalists by the judges, and to the winners - well done! Many thanks to the thought leading organizations and individuals that participated in the Industry Summit and Awards. We especially appreciate the support of our judges, sponsors and partners, without whom the Oil & Gas Awards would not be possible. As you receive this we are about to celebrate the 3rd Annual Oil & Gas Awards in the Midcontinent, Southwest and West Coast regions. To find out more about the upcoming Industry Summits and to attend any of the Awards galas please visit www. oilandgasawards.com. I hope that you enjoy reading this commemorative Yearbook, please do not hesitate to contact me if you would like to share your thoughts and feedback. Best regards,
Daniel P. Creasey Chairman, Oil & Gas Awards.
Oil & Gas Awards 2015
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Contents
Editorial
Guest of Honor
5
Judging panel
6
Congratulations to the 2015 Gulf Coast Winners
48
Congratulations to the 2015 Northeast Winners
49
A-Z of finalists
74
Oil & Gas Awards Contacts
91
10 Protecting the Environment Profitably
16 Regaining Energy Dominance
26
Winners’ pages New Technology Development of the Year Award - General/Products 12 Award for Excellence in Well Completion
14
VZ Environmental Award for Excellence in Environmental Stewardship
18
Trucking Company of the Year –Presented by Kenworth
20
Manufacturer of the Year
22
The Oil & Gas Financial Journal Transaction of the Year - Under $1bn
24
Water Management Company of the Year
28
Construction Company of the Year
31
The Oil & Gas Financial Journal Transaction of the Year - Over $1bn
33
Breitling Energy Future Industry Leader
38
Award for Excellence in Corporate Social Responsibility
41
Award for Drilling Excellence
42
General Industry Service Award
43
Bilfinger Westcon Engineering Company of the Year
46
Loenbro Midstream Company of the Year
50
Why Regulate?
34 Panel Discussion
44 The Colorado Way
52 Owning the Culture
56
New Technology Development of the Year Award - Software 54 Consultancy of the Year
61
Industry Supplier of the Year
62
Oilfield Services Company of the Year
63
Themark Corporation E&P Company of the Year
66
Award for Excellence in Health & Safety
68
Industry Leader
73
Rolling with the Changes
64 Lending a Helping Hand
70 Overreaching Regulators, Unexpected Results
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Oil & Gas Awards 2015
Guest of Honor Editorial
Taking Time to Get it Right Between misinformation being spread on the Internet and unhappy constituents, John Hickenlooper urges patience from Colorado citizens when it comes to environmental regulations.
The oil and gas industry is not against a regulatory framework that makes sense. That has always been the case. However, as Colorado Governor John Hickenlooper pointed out during his kickoff speech at the awards gala, upset public citizens expect changes to come as soon as regulations go into effect. And if those changes don’t happen quickly enough, the knee-jerk reaction is to create new regulations. Hickenlooper, however, said believes in letting regulations take hold so industry can adjust their operations appropriately, so that is the philosophy his state has undertaken. “Oftentimes, people want to see, if they’re unhappy or dissatisfied with the situation in their life or public affairs, it resolved immediately in real time,” Hickenlooper said. “Yet the history of appropriate regulation has been incremental, or at least that’s where the best regulation happens.” The best bet for all stakeholders in the oil and gas industry is when business leaders sit down with what Hickenlooper calls “civil society” – the nonprofit organizations who lobby on behalf of the public. He believes the role of the government should be as a neutral party monitoring the situation, and nothing more. “[Industry’s] experts are there, the nonprofit experts are there, and hopefully, government’s primary role is to mediate and make sure the facts are adjudicated,” Hickenlooper said. The role of adjudicating the facts, as Hickenlooper puts it, is of utmost importance in today’s age of the digital flow of information. Through the internet – especially social media networks – not all information that is shared is based in fact.
all this social media and how rapidly information – good and bad – gets transmitted, is to make sure we take the time to get on the same page with the same facts.” Hickenlooper has brought this mentality to his dealings with the oil and gas industry in Colorado in a variety of ways since he assumed the governor’s office in January 2011. Two years ago, he brought together industry and the public to regulate fugitive emissions in the state. Anadarko Petroleum, Noble Energy and Encana Corporation – three of the major energy players in the state – partnered with environmental leaders to determine fair regulations of these emissions in a harmonious manner. “It took almost five months for the experts from both sides to agree on what the study said on what the real facts were,” Hickenlooper said. “Once we got that done, it took another five months to come up with a set of regulations that I think are as close to fair as you can get in that context, and even now we’re trying to figure out additional ways we can make them less onerous when prices are as low as they are now.” The common commitment to a shared goal, according to Hickenlooper, allowed energy executives and environmental leaders to come together for the greater good. “One of my senior staff came up to me afterwards and said, ‘If you ever told me that we would see those people standing together with smiles on their faces, you could have knocked me over with a feather,’” Hickenlooper said. “And yet both sides are saying this is a victory, this is the way progress happens.”
“We have a level of social media now that is very powerful and allows information – and I’m not saying facts, but information – to be transmitted very, very rapidly in circumstances and situations where you could have almost incendiary responses,” Hickenlooper said. “It is easy to say, ‘Get the facts, make a decision, check, next’ if we all have the same facts. But generally, we don’t. And I think that is one of the great challenges with
Oil & Gas Awards 2015
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Judging panel arthur roy
Brad Holly
Chairman and CEO
Senior Vice President, Operations (Rockies)
Liberty Energy Corp.
President & CEO Eclipse Resources
Brad johnson
brent breon
Brian blount
Exploitation Manager
Vice President Business Development
VP Commercial
Blue Racer Midstream, LLC
Crestwood Midstream Partners LP
chandra s. rai
chris faulkner
Director
CEO
PIOGA
Mewbourne School of Petro & Geolog. Eng.
Breitling Oil and Gas
chris garner
chris mazzini
chris sowyrda
Director
President
Senior Staff Operations Engineer
Long Beach Gas and Oil
Spindletop Oil & Gas Co.
Memorial Resource Development Corp.
david freudenrich
David L.henderson
david renz
Director of Energy Services
President
Senior EHS Coordinator
PVE Sheffler, LLC
Seely Oil Company
Noble Energy
David s. Schechter
deepak devegowda
Douglas wight
Associate Professor
Assistant Professor
Vice President of Exploration
Texas A&M University
Mewbourne School of Petro & Geolog. Eng.
Discovery Natural Resources
duane wassum
Dwight ross
edwin mongan
President
Vice President
Senior Manager Environment
National Fuel Gas Midstream Corporation
Creed Operating Co, Llc
BHP Billiton
elliott heide
frank f. staRR
gary c. evans
Assistant General Counsel
President
Chairman & CEO
Occidental Petroleum Corporation
Crimson Energy Partners III LLC
Magnum Hunter Resources Corporation
gary e. slagel
guy goudy
J. Ross Craft, P.E.
Senior Advisor for Environment Affairs
Chief Operating Officer
President and CEO
Austin Exploration
Approach Resources
j. russell porter
jack lafield
jack renfro
President and CEO
Chairman and CEO
Gastar Exploration Ltd
Caiman Energy
Operations and Production Manager - Northern Division
jeff fisher
jennifer webster
Chief Operating Officer
Dir. of Gov’t and Public Affairs
American Energy Partners
Pioneer Natural Resources, USA Inc.
Apache Corporation
burt a. waite Board Director
Steptoe & Johnson
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Anadarko Petroleum Corporation
Benjamin hulburt
Oil & Gas Awards 2015
Forestar
jessie koerner US Communications & Public Affairs Enerplus Resources (USA) Corporation
johan themaat
john benton
john poarch
Founder & CEO
Vice President and General Manager
VP Commercial and Bus. Dev.
First River Energy
Black Hills Exploration & Production
Access Midstream
john weihe
johnny jordan
joseph frantz
Vice President Exploration
President
VP of Engineering
Callon Petroleum Company
Matrix Oil Corporation
Range Resources
kevin brown
kevin leonard
larry huskins
Exploration Manager MidCon/Rockies
Sr. Vice President and General Manager
Operations Manager
WhitMar Exploration Company
Venoco Inc.
EnerVest
lee martin
lisa winn
m. cathy douglas
Operations Engineering Supervisor
Regional & Government Affairs Manager
Senior Vice President
Concho Resources, Inc.
ExxonMobil/XTO Energy
Anadarko Petroleum Corporation
Marc A. Halbritter
marc bokelman
Mark c. peterson
General Counsel
VP Corporate Development
President & CEO
Blue Racer Midstream, LLC
Summit Midstream Partners
Bilfinger Westcon
mark d. casaday
Mark patterson
mark spears
Chief Operating Officer
Co-Founder & Managing Director
Asset Manager
Niska Gas Storage Partners LLC
Calypso Energy, LLC
Stone Energy
Mark Stewart
mauricio fabre
Megan davis
Environmental Supervisor
President
Questar Corporation
CRU Trading Company
Vice President Regulatory and Senior Counsel
michael miller
Mikaila breding
mike john
Chief Investment Officer
Senior Associate Editor
President
Breitling Oil and Gas Corporation
Oil & Gas Financial Journal
Northeast Natural Energy, LLC
Milissa bauer
mitch duffy
morgan o’brien
Executive Vice President
Associate Publisher
President and CEO
Kriebel Companies
Oil & Gas Financial Journal
Peoples Natural Gas LLC
nathaniel teti
neil m.sullivan
ola akrad
Head of Sustainability
CEO & President
VP Engineering and Technology
Statoil
Violet Energy
Austin Exploration
parker hallam
patrick j. noyes
priscilla g. mcleroy
Chief Operating Officer
President and CEO
Professor of Engineering Practice
Breitling Oil and Gas
Grenadier Energy Partners LLC
Texas A&M University
Summit Midstream Partners
Oil & Gas Awards 2015
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Judging panel Qingming Yang
Randy Brandenburg
richard p. crist
Chief Operating Officer
Foreman
Approach Resources Inc.
Apache Corporation
VP Business Development & Exploration
robert poole
rod eson
ronald p. mcglade
Public and Government Affairs Manager
Founder and Chief Executive Officer
Vice President Midstream
Foothill Energy LLC
Tenaska Resources, LLC
ryan a. turner
Ryan E. M. Cunningham
scott roy
Chief Investment Officer
Principal and Operating Partner
Vice President of Government Affairs
American Energy Partners
Cunningham Energy
Range Resources
shane henry
Stephanie R. Timmermeyer
Manager, Gov’t and Regulatory Affairs
VP of Environment, Health and Safety
Gasco Energy
Santa Maria Energy
Enerplus Resources (USA) Corporation
Steven L. Bietz
Government Relations Manager Shell Oil Company
terry r. bossert
terry sims
VP - Legislative and Regulatory Affairs
HSE Manager
Range Resources-Appalachia LLC
Buccaneer Energy Limited
thomas e. clark
tom lopus
Tommy Gaydos
Executive Land Manager
Senior Vice President
Drilling Manager
Venoco, Inc.
Pardee Resources Company
Newfield Exploration
tony gossett
walter l. williams
william j. hall
Operations and Production Manager Southern Division
Director
Executive Director
Cheniere Energy, Inc
Shale Gas Innovation & Commercialization Center
President and Chief Executive Officer WBI Energy, Inc.
Forestar
8
Access Midstream
Stephen W. Rhoads
william j. hlavin
william robinson
President and CEO
President
Bass Energy, Inc.
CAVU Resources
Oil & Gas Awards 2015
A huge
thank you
to our sponsors
Platinum
Gold
Bronze
Industry Summit Editorial
Protecting the Environment Profitably Executives of oil and gas companies need to raise the profile of their environmental safety efforts, but not at the expense of profits.
Mark Stanley of Themark Corporation echoes the sentiments of many of his fellow executives in the oil and gas industry when it comes to environmental sensitivity – they’re all for regulations, but not at the cost of shrinking profit margins by more than what’s necessary. During his spotlight presentation, “Changing the Industry One Innovation at a Time,” the CEO of Themark Corporation reminded the audience that fate already had befallen another commodity business. “I’ve seen what happens when an industry – i.e., the coal mining industry – doesn’t pay attention to itself and gets legislated almost out of business,” Stanley said. “That should not happen with our business.” Stanley boasts background with stops at every level with countless positions in the oil and gas industry. For the first 13 years of his career, he worked for a major oil company that eventually was acquired by BP, which subsequently laid him off. He joined forces with two colleagues from Halliburton and third from Nalco Exxon Energy to launch a fracturing chemical company, which they ran from 1989 through 2002 as an independent before being acquired by a major oilfield service company. The last five years at that service company, he ran global operations. Now that he is in “retirement” as CEO of Themark Corporation, Stanley has taken it upon himself to improve the image of the oil and gas industry by not only adhering to environmental regulations, but pushing for more chest-thumping, so to speak, of the environmental sensitivity of the business at large. “I recognized a long time ago that things needed to change within our industry,” Stanley says. “We do a terrible job of publicizing what we’re doing. And ‘shale’ is a five-letter word, not a four-letter word.” The oil and industry can start reevaluating its public image by reconsidering how it sees itself. Considering the fracking of a single well requires
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Oil & Gas Awards 2015
several million gallons of water over the course of two to five days, Stanley said oil and gas industry nothing more than a collection of water pumping companies. He cited the fact that 85 percent of what is pumped into the well is water – although FracFocus.org claims that percentage is 99.2 percent. Nevertheless, Stanley stated this makes the oil or gas the byproduct of a water operation. “Shale is the producing rock – carbonate and sandstone are not,” Stanley said. “Shale is, and it has to be fracked. And the volume of water that has to be used to frack that has changed our industry significantly. And because of that massive volume, the horsepower required, the water required, the products required – that kind of mass gets lots of attention, most of it negative.” Stanley said the industry can handle these massive amounts of water in a safe manner as things stand. Also, companies are working tirelessly to develop the next great innovation in water handling technology, but that is still en route considering fracking only gained widespread popularity less than eight years ago. “We can do it safely, and we can recycle,” Stanley said. “From an innovative standpoint, we didn’t have to handle the massive amounts of water that we’re having to handle now because shale wasn’t even there. It didn’t really come into play until 2008 or 2009. So this is a new thing for the industry, and we’re going as fast as we possibly can one innovative product at a time.” Much of that R&D is aimed toward further eliminating the possibility of contaminating drinking water, which is among the top concerns of residents in communities where fracking occurs. “That’s extremely rare – it really hasn’t been done,” Stanley said.
Speaker: Mark Stanley, CEO, Themark Corporation
Later in March of 2015, a study determining the amounts found to contaminate drinking water in Pennsylvania aligned with Stanley’s statement. According to Science magazine, the finding of a study of 11,309 drinking water wells in northeastern Pennsylvania concluded that background levels of methane in the water are unrelated to the location of hundreds of oil and gas wells that tap fracked rock formations. However, in April of 2015, that study is under scrutiny due to the authors’ ties to Chesapeake Energy, the company that submitted water samples.
Stanley admitted, however, that is the oil and gas industry didn’t do something to repair its image, regulators will do what they want to make environmental sensitivity a priority.
Along with urging his colleagues to spread the word about the relative harmlessness of the oil and gas industry, Stanley reminded his colleagues that overregulation should be combated to keep profit margins as large as possible.
Stanley cited a suggestion from a previous discussion about the use of evaporation as an environmentally safe way to store frack water. A study by Worcester Polytechnic Institute indicates evaporation pits release evaporated chemicals into the air and chemicals can leak through lining. Also, Stanley pointed out that evaporation causes the loss of water, which means it cannot be reused.
“The reason to be in business is to make money,” Stanley said. “We want to be green, but we don’t want to pay any more money for it. It shouldn’t cost us any less.”
“Every state its own rules and regulations, and they’re constantly changing,” Stanley said. “So how do you keep up with all the individual rules, because the U.S. government basically doesn’t do anything? So, you have to look at it and say, ‘What are we doing, and how do we recycle and reuse this?’”
“It doesn’t do what’s necessary, which is try to preserve a precious resource, which is water,” Stanley said.
Click here to watch the video
Oil & Gas Awards 2015
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New Technology Development of the Year – General/Products
Winner’s page
3rd Annual
Click here to watch the video
Rocky Mountain
Applied Control Equipment Judges’ Comments: Superior system serves to minimize processing equipment risks and offers a reliable replacement of rupture disks, pressure valves and flaring, an environmentally responsible alternative. Applied Control offers such a wide variety of solutions with a great amount of technical support. Some of these systems that allow clients to achieve their goals include increased site safety with Safety Instrumented Systems (SIS), reduced environmental emissions on a well-pad with electric control solutions, optimized hydraulic fracturing processes with the wireless pressure monitoring network solution, an impressive suite of products. They also supplement their applications expertise with an impressive inventory of new and remanufactured equipment, a 24/7/365 emergency response network, field services team, and a formal, local customer education/ training program. Applied Control supported the entry with multiple case studies, very impressive.
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Oil & Gas Awards 2015
For over 50 years, Applied Control has been committed to solving the process industry’s toughest challenges providing value-add engineered solutions throughout Colorado, Wyoming, Montana, western Nebraska and South Dakota. An Emerson Process Management Local Business Partner, Applied Control is uniquely capable of combining best-in-class technologies with local expertise to deliver turn-key automation solutions. We serve a wide breadth of industry segments including oil & gas, refining, power, mining, food, pharmaceutical, OEM’s, and engineering contractors/ EPC’s. A locally-owned Colorado independent business, Applied Control helps clients to improve their business operations; optimize capital expenditure/maximize return on capital investments, reduce project risks, decrease maintenance and operations cost, improve site safety, reduced the cost and risk of environmental compliance, reduce lifecycle costs, and improve the reliability, throughout, productivity, profitability of production assets.
Factory-trained product specialists, application engineers, parts specialists, associates, and shop/ warehouse personnel respond to customer needs surrounding control valves, automated valves, control systems, flow computers, reliability monitoring, safety and instrumentation. $5M in local inventory, a 24/7/365 emergency response network, field services teams, and local education/training programs add additional value to our customers’ businesses. Dedicated to service, we give back to our community though an employee-powered philanthropic committee, ACE of Hearts.
Our people make success possible.
Further information on these winning organizations, interviews and photos can be viewed at www.oilandgasawards.com
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KIEWIT.COM 13 Oil & Gas Awards 2015
(281) 517-8940
Award for Excellence in Well Completion
Winner’s page
3rd Annual
Rocky Mountain
Calfrac Well Services
Judges’ Comments: A leading service provider in well completions, they have a flawless execution that is safe. They are conscientious about safety and the environment. Calfrac’s pressure pumping and individual detail to each well, along with their safety record, educational opportunities, and training offered to their employees make them a stand out company in their field. A company with a great reputation for getting the job done and making a great well.
Calfrac Well Services is an innovative pressure pumping services provider focused on unconventional natural gas and light oil plays plus strategic international markets. With state-of-the-art equipment, in-house R&D, a diversified customer base, an expert team of employees, and experienced management, Calfrac is strongly positioned for continued success. Our track record and impressive growth make us one of the most attractive pressure pumping companies in the industry and among the largest in the world. Currently one of the top five pressure pumping companies in the world, the value we place on flawless execution, ethical behavior and decisions, an entrepreneurial approach to problem
solving, continuous learning, and being an energetic, service-focused team is critical to maintaining this position this position. At Calfrac, our purpose is flawless execution. Regardless of where we are operating, achieving this consistently comes from a tireless commitment to safety, quality and service.
Click here to watch the video
Further information on these winning organizations, interviews and photos can be viewed at www.oilandgasawards.com 14
Oil & Gas Awards 2015
BOLDLY GO WHERE NO ONE HAS PRODUCED BEFORE
You’re an explorer of the new frontier in oil and gas production. And you’re searching for paths to add reserves without breaking the bank. Have you thought about re-fracturing? Calfrac’s biodegradable diverting agents provide effective diversion and then dissolve and disappear – leaving the perforations, fractures and wellbore open for significantly increased production. When you partner with Calfrac, you gain pioneering technologies that will help you get the most out of your wells—even in the world’s toughest reservoirs.
Welcome to the future of optimized production.
Calfrac.com
Oil & Gas Awards 2015
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Industry Summit Editorial
Regaining Energy Dominance With the amount of resources within U.S. borders, there are plenty of reasons to be optimistic that the domestic energy industry will bounce back.
During the boom period the oil and gas industry recently experienced with the technological advances of hydraulic fracturing and horizontal drilling, there wasn’t any inkling that producers could price themselves out of profit through overproduction. Well, that’s exactly where things stand for oil as of April 20, 2015, as the price of light, sweet crude for May delivery rose 1.2 percent to $56.38 a barrel on the New York Mercantile Exchange, according to the Wall Street Journal. Christopher Guith, Senior Vice President – Policy for the Institute for 21st Century Energy division of the U.S. Chamber of Commerce, delivered a keynote address entitled “America’s Energy Future: Challenges and Opportunities” focused on this very issue and how the industry can adjust to the new reality.
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“Collectively, we as a country have been indoctrinated that this is a country with few energy resources, and on top of that, we’re gluttons,” Guith said. “All of our policies reflect that. There was a time 40 years ago that we found ourselves basically in that situation.” With today’s technology able to determine the amount of resources available within U.S. borders, those fears can be put to rest. According to Guith, the United States has over 100 years of natural gas, 200 years of oil and almost 50 years of coal in technically recoverable resources. As for in-place resources, the United States has over 600 years of gas, 500 years of oil and almost 10,000 years of coal.
“We collectively as an industry have been a victim of our own success,” Guith said. “In spite of what I said and others have said, you can, in fact, drill your way to lower prices. And within the oil patch, it obviously has been very painful.”
“Yet our policies, at the federal level especially, are still stuck in an era of the Arab oil embargo, of the 1973 vintage, and it hasn’t progressed to where we are right now,” Guith said. “So it is important whether you’re in the industry or not to make sure the people around you understand what we have because that’s what’s limiting us at the federal level right now.”
Don’t get Guith wrong – there are countless benefits for the American people still happening due to the technical advancement of the oil and gas industry. According to Guith, the United States has had greater price stability for longer periods of time, and there have been lower consumer prices than any time within the last 20 years. In terms of energy security, along with domestic production, the United States has a more reliable and affordable sources in North America.
As an example, Guith cited the declining use of federal lands for energy exploration. He said over the course of the last five years, not only have the number of applications for a permit to drill declined, but so have the number of wells. He also cited a Wood Mackenzie study that found about 3,000 wells have been drilled but not fracked, which evoked a grim comparison to the approximately 800 wells drilled and not completed in Pennsylvania’s gas fields as operators waited out higher natural gas prices.
However, Guith believes the federal government could stand to loosen its grip on energy regulations for today’s industry and stop holding onto the ways of the past. He is referring to the political and economic instability the Arab oil embargo caused the United States and the world in the midst of a lull in production in 1973.
“If we’re now laying rigs down on top of not completing the wells that we have drilled, then there’s this sort of inventory waiting to go,” Guith said. “The bottom line is, what happens if these wells start being completed en masse, and you have a new bunch of production just jump on the market, which puts downward pressure on price, as well.”
Oil & Gas Awards 2015
Speaker: Christopher Guith, Senior Vice President – Policy, Institute for 21st Century Energy, U.S. Chamber of Commerce
A lift on crude export ban would help the situation, according to Guith. Considering the price of Brent crude oil can be as much as $10 higher than U.S. prices, the ban essentially hamstrings American oil producers against the rest of the world. “Exports is the one thing that the federal government can do to – I won’t say ‘fix’ things, but create the minimal amount of alleviation,” Guith said. “The one thing that is standing in the way of that alleviation is the inability to move this product overseas. This is a bastardization of the market.”
The reason the ban hasn’t been lifted, according to Guith, is Congress’ refusal to act on the issue. With elections always around the corner, members of Congress do not like taking the risk of being out in front of issues like the crude export ban because of the political vulnerability it can create. “The problem is no person in Congress wants to be left out there voting to increase exports, and then as soon as prices for gasoline spike for who knows what reason – a refinery outage, a war in the Middle East, whatever the case may be – and have the people out there with their pitchforks and their torches and say, ‘It is because of her!’” Guith said. “So we need voices from around the country, but especially from producing areas to really support your members of Congress.” Another issue the oil and gas industry must rally against is the ozone rule, according to Guith, because of the unrealistic costs associated with its compliance. A February 2015 study by NERA Economic Consulting commissioned by the National Association of Manufacturers concluded that the new regulation from the Obama Administration could cost the economy $140 billion per year. Guith said this would become the most expensive regulation ever imposed in the United States. “The real issue here is we just finalized the most recent ozone standard four weeks ago and we’re already moving into a new one because I would argue this administration looked at its watch and said, ‘Oh, my, we have two years left, let’s do more,’” Guith said. “That is something – especially a state as important as Colorado – I really suggest you tell your governor, your local official and especially your federal officials, ‘Hey, you guys need to pay attention to this.’”
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Oil & Gas Awards 2015
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VZ Environmental Award for Excellence in Environmental Stewardship
Winner’s page
3rd Annual
Click here to watch the video
Rocky Mountain
LT Environmental, Inc.
Judges’ Comments: Compelling examples of unique/custom solutions.
Provided multiple examples of innovative renewable energy designs for clients that spanned across a variety of types of projects; methane gathering from seeps for fuel, wind turbines, solar power, water management, etc. (innovative and unique uses for different clients).
LT Environmental, Inc. (LTE) is a full service, national environmental engineering consultancy headquartered in Arvada, Colorado. Established in 1992, LTE employs 125 employees in 9 offices located in Colorado, Wyoming, North Dakota, Utah, Idaho, and Florida. A client-centered philosophy dedicating experienced client managers to each project allows LTE to achieve high performance in the areas of responsiveness, quality, and cost efficiency. Our multi-disciplinary approach to technical innovation provides superior solutions that fit our clients’ specific challenges involving remediation, assessment, regulatory compliance, and safety. LTE’s culture is rooted in 9 corporate values, including working safely, caring for the client, and protecting the environment. In 2014, LTE achieved a triumphant milestone surpassing 1,000 days without a reportable incident. The hard work and innovation of our staff culminated in client savings of more than $5M over the past 12 months across a variety of business sectors, especially the Oil & Gas Industry.
Our fleet of CNG trucks has not only supported our clients’ business, but has proven to reduce fueling costs as well as being a benefit to the environment. A Win, Win, Win! Our mission is to safely complete high quality, cost-effective services through long-lasting business relationships. We complete the project – No Excuses!
Further information on these winning organizations, interviews and photos can be viewed at www.oilandgasawards.com
Sponsored by: VZ Environmental Oilfield Containment Solutions www.vzenvironmental.com
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Sox Oil & Gas Awards 2015
Pond
Pi
We are proud to sponsor the VZ Environmental Award for Excellence in Environmental Stewardship. VZ Environmental provides containment solutions for the oil and gas industry.
LT Environmental, Inc.
COMPLIANCE / ENGINEERING / REMEDIATION
Oil & Gas Awards 2014
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Trucking Company of the Year – Presented by Kenworth
Winner’s page
3rd Annual
Click here to watch the video
Rocky Mountain
Cruz Energy Services
Judges’ Comments: Great to see a company that is developing and expanding in such rapid time is also contributing to a wide range of community initiatives and charities. 246% growth in 4 years and working in challenging weather conditions and an ever-changing regulatory environment, Cruz are still able to meet customers’ needs and budgets. This sets them apart from other companies in the category.
Cruz Energy Services is part of the Alaska-based Cruz Companies. Together, with sister companies Cruz Construction Inc. and Cruz Marine LLC, our employees have demonstrated their skill supporting oil field services and heavy civil construction since 1981. Our innovative, hands-on management style has made Cruz Companies what they are today: prominent heavy civil, oil field service, and barging companies with a reputation for quality work and service. Our extensive experience in harsh climates, combined with our specialty equipment and consistent high performance on logistically challenging projects, separates us from the competition. We continually perform on time, safely, and under budget. Our operation is based on professional project management, sound leadership, cost control, and communication. It revolves around rig moving, oil field service, crane service, heavy haul service, and heavy civil projects. We are accustomed to working under the tight deadlines encountered when coordinating with several contractors to accomplish a project.
We have seen significant growth since arriving in the Bakken in 2010. This growth is attributed to the hard work and cohesiveness of the employees. They truly are the reason Cruz has been able to develop itself into a diverse company that is able to assist clients on several fronts.
Further information on these winning organizations, interviews and photos can be viewed at www.oilandgasawards.com
Sponsored by: Kenworth Trucks Kenworth is an American manufacturer of medium and heavy-duty Class 8 trucks based in Kirkland, Washington, United States, a suburb of Seattle, Washington.
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Oil & Gas Awards 2015
Jobsite Hero
An investment in the Kenworth T880 pays off in greater fuel economy, driver satisfaction, productivity and resale value. At the heart of the T880 is a fully optimized and integrated drivetrain featuring the quality and proven reliability of the PACCAR MX-13 engine delivering up to 500 hp and 1,850 lb-ft of torque. Bulk tractor. Tanker. Dump truck. Mixer. Heavy hauler. Refuse truck. Logger. Line-haul tractor. In the long run you will be glad you own The World’s Best. Visit a Kenworth dealer today.
A World of Applications.
Oil & Gas Awards 2015
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Š 2015 Kenworth Truck Company. A PACCAR company.
Manufacturer of the Year
Winner’s page
3rd Annual
Rocky Mountain
Kerr Pumps and FlowValve
Judges’ Comments: To invent a new type of steel that lasts 62% longer is extremely impressive. Kerr Pumps Super Stainless™ fluid ends last up to 62% longer than 17-4PH stainless steel. This is a remarkable engineering feat that can create value and sustainability for hydraulic fracturing companies. Kerr Pumps and FlowValve exemplify the American ability to innovate. The potential impact on the industry for their new product, having developed a new grade of steel, is remarkable.
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Oil & Gas Awards 2015
Kerr Pumps and FlowValve are located at the same manufacturing facility in Sulphur, Oklahoma. Kerr Pumps was founded in 1946, and has manufactured high pressure positive displacement pumps ever since. We serve a diverse industry with our X-Class and Classic lines, including pumps that run at 11 to 625 horsepower. Kerr Pumps’ Well Service line includes 600 to 2,800 horsepower pumps that are geared for cementing, hydraulic fracturing, double pumper and reversing units. FlowValve was added in 2007, and manufactures a full line of high pressure flow line equipment. Since
1996, we have doubled in size every three years. Today, Kerr Pumps and FlowValve employ 205 people in a 230,112 square foot manufacturing facility, housing 215 computer numerical control (CNC) machines. Our incredible growth has been the direct result of providing value to our customers through offering high quality products.
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Further information on these winning organizations, interviews and photos can be viewed at www.oilandgasawards.com
Oil & Gas Awards 2013
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The Oil & Gas Financial Journal Transaction of the Year - Under $1bn
Winner’s page
3rd Annual
Rocky Mountain
Legacy Reserves LP Judges’ Comments: Great assets to strengthen Legacy’s current portfolio, with WPX being a world class Rockies operator and partner for Legacy. The assets are long lived and provide Legacy with predictable production numbers and attractive economics due to WPX’s experience and infrastructure.
We are a master limited partnership headquartered in Midland, Texas, focused on the acquisition and development of oil and natural gas properties primarily located in the Permian Basin, MidContinent and Rocky Mountain regions of the United States. Our primary business objective is to generate stable cash flows allowing us to make cash distributions to our unitholders and to support and increase quarterly cash distributions per unit over time through a combination of acquisitions of new properties and development of our existing oil and natural gas properties.
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Further information on these winning organizations, interviews and photos can be viewed at www.oilandgasawards.com
Sponsored by: Oil & Gas Financial Journal Oil & Gas Financial Journal provides global financial decision makers with specific, easily accessible, and essential business intelligence regarding worldwide oil and gas markets, both in the form of content and informative advertising, in a manner that generates value for its readers, advertisers, and stakeholders.
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Oil & Gas Awards 2015
Bringing energy and the environment into harmony.®
Make it faster. Make it smaller. Make it better.
Make it yours.
Rotating equipment solutions that generate the results you want.
When you have a challenge out there in the field, you want your solution, not someone else’s. And that’s precisely what you get with Dresser-Rand. That’s because our experts will work hand in hand with your experts to create a solution that’s exclusively yours. One that not only makes sense, but makes a difference for your business. To see how we’ve helped some Oil & Gas Awards 2015 of the biggest names in the industry achieve their goals, visit dresser-rand.com/yours
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Industry Summit Editorial
Why Regulate? Aside from environmental sensitivity, the oil and gas industry has plenty of monetary motivation to keep the air and water clean.
Add Korby Bracken to the list of oil and gas industry veterans who believes the business does not need to be regulated to the extent it has been, especially the last few years. Bracken, HSE Director, Rockies, for Anadarko Petroleum, said it is inherent for oil and gas operators to capture everything it produces as part of a successful business model as well as for responsible environmental practices – something the U.S. Environmental Protection Agency (EPA) should understand. “We’re in the business of producing those natural resources – whether it’s oil, natural gas or condensate – and it’s in our best interest and our revenue stream to keep that stuff in the pipeline,” Bracken said. Bracken took part in the panel discussion entitled “Minimizing Environmental Impact through Innovative Water Management, Well Site Construction and Logistics,” which focused primarily on a number of regulations the oil and gas industry faces and how operators can stay in step with them in cost-effective and efficient ways. Bracken specifically cited the new methane rules that could take effect in summer 2015. According to the Wall Street Journal, the plans unveiled by the Obama administration in January propose federal regulations to cut methane emissions from the oil and gas sector by 40 to 45 percent over the next decade from 2012 levels. This is an example of what Bracken believes is unnecessary regulation of the oil and gas industry. He said the industry can and does appropriately handle these types of pollutants already, especially since a byproduct like methane can be repurposed and sold. “EPA, in all their wisdom, thinks that we need to modify some existing rules to include routine flare inspections or routine fugitive inspections in order to reduce the amount of methane oil and gas companies have,” Bracken said. “It doesn’t take regulation for us to keep methane in the pipeline. It doesn’t take regulation for us to control methane, or put catalysts on our engines to reduce NOx emissions, or put clean-burn engines out. You find that industry has done a great job going above and beyond current regulations to reduce our impact.”
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Oil & Gas Awards 2015
Aside from air regulations, the oil and gas industry must keep abreast of a variety of water regulation currently on the books as well as those that may take hold in the future. Every operator must contend with how to best deal with produced water from fracking operations. Tom Fisk, Director, Environmental, Health and Safety for Whiting Petroleum Corporation, said his company basis its plan on the location of the site and the technology available. In North Dakota, for instance, a company nixed a plan for a water recycling facility on one of Whiting Petroleum’s fields because the decline in production stemming from low commodity pricing would not produce the amount of water necessary to create a profit over five years. However, Whiting Petroleum has discovered the produced fluid from basins in Colorado is easier to recycle. Also, Whiting Petroleum does not need as clean of water for fracturing purposes in Colorado as it does in North Dakota. No matter where the resource is located, Fisk said one of the ways to reduce water impact is to use gathering systems whenever possible. Whiting Petroleum estimates how much water it will need for a given field and plans a gathering system early on to collect resources and move them to a centralized location. “If we do get some good technology for recycling, it will be very, very easy for us to bring that in and start that business,” Fisk said. In order to determine whether recycling produced water makes sense for a project, Thomas M. Murphy, President of LT Environmental, said his company relies on 300 to 400 parameters, each with its own assigned dollar value, to determine what technology would best serve the application. The parameters include chemistry, volumes, sustainability programs and public perception. “We can look to see whether or not some kind of simple physical separation is good enough to allow that water to be reused, or do we have to do some kind of chemical separation,” Murphy said. “Those kinds of aspects obviously influence the cost of the water management.” All these parameters help narrow down the cost of water down to the price per barrel, which Murphy said helps
Moderator: Kari Cutting, Vice President, NDPC Speakers: Korby Bracken, HSE Director, Rockies, Anadarko Petroleum Corporation, Tom Fisk, Director; Environmental, Health and Safety, Whiting Petroleum Corporation, Howard Dieter, Director, EHSR, Jonah Energy LLC, Thomas M. Murphy, President, LT Environmental, Inc.
companies make informed decisions about their water management options. Murphy also said oil companies and their environmental consultants are now looking to reduce the environmental impacts in the fields by looking at contamination that exists. He specifically sites the occasional spills of saltwater and hydrocarbons, which once meant digging up contaminated soils and hauling to landfills without treating the soil itself. Today, according to Murphy, operators are leaning toward in-situ solutions via a number of technologies that have been launched in the last 10 years. These applications often involve the injection of a solution that reduces contamination where it exists. “It generally reduces the cost, it cleans up the groundwater faster, it eliminates trucking and filling up landfills,” Murphy said. “These kinds of innovations are really making a big difference in how the oilfields look. They look cleaner, they look better, and you’re not sending big truckloads to the landfill. “Destroy the contamination in place if you can,” Murphy added. “That’s going to save you time and money.” According to Howard Dieter, Director, Environmental, Health and Safety, and Corporate Regulatory Compliance for Jonah Energy, the oil and gas industry already is looking to capitalize on a number of what are now considered waste streams. With the ingenuity within the oil and gas sectors, Dieter doesn’t view the regulations in as negative a light as others do. “I think these are a lot of challenges that our industry can face, and I think that a lot of folks are starting to look at
it very differently just than how we operated in the past,” Dieter said. “I see those as growth opportunities, and I see them driven by economics versus regulations. I think any solution that’s driven by economics is going to be stronger than a solution that’s being driven by regulation.” Bracken said this is already happening by virtue of efficiency in operations, and it will only get better as technology advances. Regarding surface disturbance, operators have essentially reduced the size of pads to drill and complete a four-well horizontal production facility from 10 acres to five. This wouldn’t have been possible without simulation centers, remote hydraulic fracturing and smaller rigs. “One of the common things we hear is, ‘If you’re to develop the resource in our area, we don’t want it to look like pockmarks all over the place,’” Bracken said. “And we don’t, either. It’s hard for us to maintain, and it’s hard for us to maintain those facilities. We want to have as least an impact as possible, so we will pull those facilities back.” Moderator Kari Cutting, Vice President of the North Dakota Petroleum Council, acknowledged that the bulk of the industry recognizes the “technology revolution” underway. Fisk said part of that revolution has advanced how the industry is able to collect data about the ways it has minimized its impacts. However, it is time for the oil and gas business to improve how it tells the general public just how much it has their best interests in mind. “We’re not so good at publicizing the data and putting out there for people to see,” Fisk said. “I think it’s only a matter time before we get proactive and be a corporate responsible citizen and start publishing reports on our corporate sustainability and responsibilities.”
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Oil & Gas Awards 2015
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Water Management Company of the Year
Winner’s page
3rd Annual
Rocky Mountain
Themark Corporation
Judges’ Comments: The trilogy of solutions make the Themark Water Treatment Technology stand out. Scored highly on many of the key points of the criteria. A thorough and well-structured case for the Water Management Company of the Year Award. Themark Corporation’s water management system provides innovative “pioneering” solutions to reduce water demand while allowing drilling to continue and, potentially, expand in areas where it may have not been feasible in the past. More focus will be placed on conserving/recycling water in the future and Themark’s work sounds like it is ahead of the game.
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Oil & Gas Awards 2015
Themark Corporation® is proud to combine an ideology that reduces costs and complies with all industry environmental regulations. All products and services are designed to protect and preserve our environment, making the world a better place one product at a time and service at a time. Our products have been proven effective in the industry for over 37 years. We provide the highest quality environmentally safe products drilling through to refining needs including: hydrogen sulfide scavengers, sand control agents, soil stabilization products, environmentally safe thermal fluids that reduce carbon footprint and are at least 34% more efficient than conventional fluids, and non-chloride based de-icing agents. All products are paired with organic base structures. In the area of water treatment, our signature product, the HydroPod™ provides cost reduction strategies that minimize exposure to fines,
restrictions, and limited access to natural resources. The HydroPod™ water treatment system provides solutions for contaminated processed and fracking water. The HydroPod™ is capable of separating water from all unique geological characteristics of each shale formation in the US and Canada. Treated water has been approved by the EPA for redistribution into natural water shed systems in Colorado. Other states, including Ohio and Pennsylvania, are pending.
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Further information on these winning organizations, interviews and photos can be viewed at www.oilandgasawards.com
Oil & Gas Awards 2015
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WE’RE BUILDING
QUITE A REPUTATION
We thank our loyal customers who put their trust in us. And we thank our employees for their commitment to Loenbro. Our company and our reputation keep growing because we stay focused on our mission and true to our values. We do not waver. We get the job done. As last year’s Rocky Mountain Construction Company of the Year, we are proud to be a finalist for the second year in a row.
SERVICES:
INDUSTRIAL CONSTRUCTION • PIPELINE • FABRICATION INDUSTRIAL INSULATION • INSPECTION • OILFIELD SERVICES To learn more about our company and what we can do for you, CONTACT US TODAY. 409 14th St SW | Great Falls, MT 59404 | (406) 453-1542 30
Oil & Gas Awards 2013 2015
Construction Company of the Year
Winner’s page
3rd Annual
Rocky Mountain
Loenbro Loenbro is an energy construction /maintenance services company working throughout the Rocky Mountain Region. Services include Oil, Gas and Water Pipeline Construction and Installation; Pipeline Expansion, Repair and Maintenance; Pipeline Integrity Inspections; Anomaly Work; Right-of-Way Restoration; Emergency Callouts; Hydrostatic Testing; Hydrovac Truck Service; and Directional Boring.
Judges’ Comments: Great safety record and best documentation of timely execution.
As Loenbro mention in their write-up, they appear to be a single-source solution for a variety of projects from LNG plants to pipeline construction. At the same time, their commitment to safety, the environment and to their employees continues to be strong and growing.
Loenbro specializes in working with mid-stream and down-stream companies. Whether it is oil, gas or water pipelines, Loenbro has the resources to complete projects of all sizes. We have more than 500 crew members working in Montana, Wyoming and North Dakota. Our
Industrial Construction Division provides; Certified Welding Services; Turnaround Work; Fabrication, Prefabrication, and Assembly; Underground Utility Installation; Insulation, Fireproofing; and Heat Treat.
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Further information on these winning organizations, interviews and photos can be viewed at www.oilandgasawards.com Oil & Gas Awards 2015
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Oil & Gas Awards 2015
The Oil & Gas Financial journal Transaction of the Year - Over $1bn
Winner’s page
3rd Annual
Rocky Mountain
Whiting Petroleum Corporation Judges’ Comments: The upside potential for both companies is very strong, with also very clever tax planning for the Kodiak shareholders. Not only have Whiting created the largest Bakken/ Three Forks production with over 107,000 BOEP/D, the efficiency benefits are impressive through complimentary acreage positions and the increase in the combined number of drilling locations.
Whiting Petroleum is an independent exploration and production company with an oil focused asset base. We control one of the largest acreage positions in the Bakken resource play in North Dakota, where we are the #2 oil producer in the state. We also operate one of the largest enhanced oil recovery projects in the United States at our North Ward Estes Field in the Permian Basin of Texas.
Whiting aims to deliver sustainable growth through a combination of our high return Bakken assets and our long lived enhanced oil recovery projects.
Whiting is headquartered in Denver, Colorado where we operate one of the few in-house geoscience core labs in the oil and gas industry.
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Further information on these winning organizations, interviews and photos can be viewed at www.oilandgasawards.com
Sponsored by: Oil & Gas Financial Journal Oil & Gas Financial Journal provides global financial decision makers with specific, easily accessible, and essential business intelligence regarding worldwide oil and gas markets, both in the form of content and informative advertising, in a manner that generates value for its readers, advertisers, and stakeholders.
Oil & Gas Awards 2015
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Industry Summit Editorial
Panel Discussion Task force on state and local regulation on Oil and Gas Operations.
There were countless goals laid out by Colorado Gov. John W. Hickenlooper when he called for the Colorado Oil and Gas Task Force in September 2014. One of the most urgent needs was giving local jurisdictions more of a say in oil and gas operations within their borders. The consortium of 21 oil and gas stakeholders has faced some criticism for not giving enough might back to Colorado cities and counties since the task force’s final report was released in February 2015. However, the task force’s nine were a success to at least one member of the task force, who represents the county with the most oil and gas activity in the state. As Weld County Commissioner, Steve Moreno has over 22,000 drill sites in his jurisdiction, which represents 80 percent of Colorado’s production. As a member of the oil and gas task force, he learned, above all else, that a willingness for government and industry to work together to eliminate problems before they arise. “What I learned most of all is the complete circle is really collaboration, communication and education,” Moreno said at the “Task Force on State and Local Regulation of Oil and Gas Operations” retrospective panel discussion. “That means the industries, the municipalities, counties and the citizens must be involved in this process here.” The Colorado Oil and Gas Task Force was charged with finding common ground between state and local regulatory structures associated to oil and gas operations. The 21 members of the task force, each one appointed by Hickenlooper, was comprised of six members representing the oil and gas, agriculture, and homebuilding industry; six representatives of local government and the conservation community; and seven members from a variety of interests. The task force met seven times between September 2014 and February 2015 before voting on a series of
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Oil & Gas Awards 2015
recommendations. In order for a recommendation to become final, it needed a supermajority of 14 votes. Seven of the nine recommendations received unanimous votes. The final nine recommendations from the Colorado Oil and Gas Task force are: §§ Recommendation No. 17 – Recommend Colorado Oil and Gas Conservation Commission (COGCC) rulemaking to address local government collaboration with operators concerning locations for large scale oil and gas facilities in urban mitigation defined in COGCC rules. This process is intended to provide interested local governments a defined and timely opportunity to participate in the siting of such large-scale multiwall oil and gas production facilities before an operator finalizes such locations. §§ Recommendation No. 20 – Proposal to require operator registration with certain local government designees (LGD), and upon request of a municipal LGD, submission of operational information for the purpose of incorporating potential oil and gas development into local comprehensive plans. §§ Recommendation No. 25 – The COGCC should work to ensure that the local government that the local government designee and the local government liaison functions are fully utilized and that they are adequately and properly resourced. §§ Recommendation No. 27 – The General Assembly should authorize COGCC to hire 12 additional full-time employees (FTE) to increase the number of staff responsible to inspect oil and gas wells, conduct environmental investigations and response actions, conduct intake of and track citizen complaints, process permit applications, and perform data analysis to support data and information requests from the legislature, media, public, industry and other stakeholders.
Moderator: Amy Oliver Cooke, EVP Director, Energy Policy Centre at the Independence Institute Speakers: Mike King, Executive Director, CDNR Brad Holly, Senior Vice President - Rockies Operations, Anadarko Petroleum Corporation Steve Moreno, County Commissioner, Weld County
§§ Recommendation No. 31b – A four-pronged recommendation that suggests converting five temporary FTEs with the Colorado Department of Public Health and Environment (CDPHE) to permanent status; supporting CDPHE’s recommendation to establish a health complaint and information line; encouraging CDPHE to seek authorization and funding and urges the General Assembly to consider providing support for a mobile air quality monitoring unit and associated staffing; and encouraging the CDPHE to seek funding from the General Assembly and other sources to conduct a human health risk assessment.
§§ Recommendation No. 37 – Reduce truck traffic on public streets, roads and highways for oil and gas activities. §§ Recommendation No. 49 – The General Assembly should approve SB15-100, the 2015 Rule Review Bill, endorsing all new rules not otherwise legally invalid. §§ Recommendation No. 52b – The COGCC should implement and emphasize a compliance assistance program to help operators comply with complicate and ever-changing operating rules and policies, and to assure that inspectors are enforcing those rules and policies in a consistent manner.
§§ Recommendation No. 41 – Establish a clearinghouse to communicate information regarding Colorado’s oil and gas industry.
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Oil & Gas Awards 2015
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According to Mike King, Executive Director of the Colorado Department of Natural Resources, the task force was a necessity to head off potential ballot issues regarding state versus local oversight primacy for oil and gas activities. King said the issues in Colorado were too complex for any one ballot initiative to solve.
Independence Institute, reminded the audience and panelist that Colorado is a “process-oriented” state where citizens want to feel like a part of the process. King admitted that ballot initiatives will never completed go away considering it only requires 86,000 signatures to place a measure o a ballot.
“The governor was absolutely committed that a ballot initiative dealing with such a complex issue in such a simple manner was going to be horrible for the state,” King said. “We have a long history in Colorado of answering really complicated questions with really simple answers, and it hasn’t really done well for us.”
However, the recommended actions from the Oil & Gas Task Force hopefully will bring some regulatory certainty to Colorado’s oil and gas industry. Holly said operators throughout the state need this in order to continue investing in Colorado.
The Colorado Oil and Gas Task Force’s open meetings were held in communities where oil and gas was either an established industry or new to the area. The common thread throughout the task force’s five months of work was that blanket regulations handed down from state government were not always going to fit the needs of individual local jurisdictions, according to Brad Holly, Senior Vice President – Rockies Operation for Anadarko Petroleum Corporation. “One of the universal themes that we heard is that one size does not fit all in this state,” Holly said. “Each part of the state is very unique, and the places where oil and gas development has actually taken part, it has worked.” As productive as the Colorado Oil and Gas Task Force was, not all of the processes and parameters laid before its members were ideal. For example, while King was charged with overseeing the task force, he was not named an active member, which he found “painful in ways you can’t imagine.” Also, one rule King said he hadn’t encountered on countless tasks forces he’s participated in over his career prohibited members from speaking with each other directly. The Colorado attorney general’s office made it clear this was not allowed, which King said didn’t make sense since task forces typically are used to exchange ideas to be presented to legislators. “I’ve never heard of a task force being precluded from talking to each other,” King said. “It’s different if it’s legislators and they can’t vote off the record or the board of a commission and you can’t vote off the record. You need to do those things in public. But a task force is fundamentally a brainstorming group that brings the best ideas from a community forward for consideration by those people who have to do all the votes in public.” Although part of the mission of the task force was to develop tools that could be used to stave off ballot initiatives aimed at banning oil and gas activities, moderator Amy Oliver Cook, Executive Vice President Director of the Energy Policy Center at the
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Oil & Gas Awards 2015
“We need some regulatory certainty to be able to make long-term investments in the state,” Holly said. “Oil and gas is a very capital intensive process, and we’ve got to have some certainty.” Although it was in the minority report because of the lack of votes, Holly said he was very encouraged that one civic leader – Ruse George, President of Colorado Northwestern Community College – came up with a recommendation to give newly minted rules the proper amount of time to take shape instead of constantly changing the standards. “I do think it puts the business community at risk to continue to do operations in the state if we don’t stabilize some of that,” Holly said. “So, we’ll see how this goes. I’m certainly hopeful that we allow some of these to take some shape and form, and let us live with these things for a while and see.”
Oil & Gas Awards 2015
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Breitling Energy Future Industry Leader
Enbridge Wordmark
For any questions, or more information, please email: brand@enbridge.com
Black & White Wordmark (Click here to download) Greyscale Wordmark (Click here to download)
A Mark of Integrity, Safety, Respect. The updated Wordmark should be used for all new brand communications (print and web.) The Black & White Wordmark is rarely employed in general, and should only be used for single-colour applications, such as gas meter caution tags or whenever full colour applications are not available. The Greyscale Wordmark should be used
Winner’s page
for all black and white collateral, such as b&w newspaper & one-colour sponsorship applications. Never alter the Wordmark in any way, such as changing colours, distorting, stretching, applying effects, outlining, changing fonts, altering the scale of elements, or any other deviation.
3rd Annual Knock-out 1 (Click here to download)
Knock-out 2 (Click here to download)
Rocky Mountain
Wordmark (Click here to download)
Patrick E. Hughley - Enbridge
Clear Space
Wordmark with Tagline & Trademark (Click here to download)
Judges’ Comments: Impressive experience and projects to date and an exciting career of opportunity ahead of him. A fine case made for the future industry leader category with this submission. Hopefully, recognition for his achievements will encourage him to continue the hard work. Keep it up.
Patrick Hughley works for Enbridge Energy Partners, L.P. as an Advisor for Asset Performance and Development within the North Dakota region. In the high-growth environment of the North Dakota, he works with customers and internal stakeholders to develop projects that build and enhance the North Dakota system. Brand Colours Minimum Size Patrick has assisted with business development activities around the high-profile Sandpiper project that will allow for an incremental Print 230,000 to leave the state of North Dakota once in-service. 0.75 bpd in PatrickWeb is a graduate of New York University with a M.S. in Global 160 px Affairs(72and dpi) a concentration on Energy Economics & Energy Policy. He and his wife Jaclyn, currently live in Minot, ND and are expecting their first child this May. Enbridge Yellow PMS 1235 C PMS 122 U CMYK C: 0, 31, 98, 0 CMYK U: 0, 16, 100, 0 RGB: 255, 184, 18 HEX #FFB81C
Enbridge Grey PMS 425 C PMS 426 U CMYK C: 0, 0, 0, 85 CMYK U: 0, 0, 0, 70 RGB: 85, 85, 85 HEX #555555
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Further information on these winning organizations, interviews and photos can be viewed at www.oilandgasawards.com
Sponsored by: Breitling Energy Corporation Breitling Energy Corporation (BECC) is a growing U.S. energy company based in Dallas and is engaged in the exploration and development of high-probability, lower risk onshore oil and gas properties. Breitling Energy Corporation is traded over the counter under the ticker symbol: BECC.
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Oil & Gas Awards 2015
Oil & Gas Awards 2014 2015
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Oil & Gas Awards 2015
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Oil & Gas Awards 2015
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Oil & Gas Awards 2015
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Oil & Gas Awards 2015
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Industry Summit Editorial
The Colorado Way The Colorado Oil and Gas Association aims to help all oil and gas stakeholders find common ground, but some are more willing than others.
The Colorado Oil and Gas Association’s (COGA) Doug Flanders says his organization prefers constructive dialogue with opponents of his industry much more than resorting to litigation so all parties involved walk away satisfied. However, in the last few years, a number of Colorado municipalities insisted on testing their lawmaking mettle against state primacy, and COGA has managed to have three fracking bans or moratoriums reversed by going to court. “COGA, who believes more in dialogue than most associations, we did take them to court because at some point you draw a line in the sand and say no moratoriums, no bans,” said Flanders, Director of Policy and External Affairs for COGA. “That gets to the crux of oil and gas development and the Colorado way of doing business.” According to Flanders, “The Colorado Way” of doing business involves a gathering of opponents and operators who work to “find common ground” to determine how to best approach oil and gas regulations. “What you don’t find in the Colorado way is when people walk away from the table and say, ‘No, I didn’t get everything I wanted, so therefore it’s a failure, now I’m going to just ban it,’” Flanders said. “You actually have to work together, roll up your sleeves, and actually break a sweat and figure out, ‘How do I find a solution with the person across the table that I know wants to put me out of business?’ It’s working with your neighbors and your colleagues to be able to find the right way to go.” With the economic benefits the oil and gas industry produces for the state, it typically is easy to work
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Oil & Gas Awards 2015
with Colorado communities benefitting from the windfall. Flanders said COGA has worked with over 40 communities who wanted to place a ban or moratorium on fracking, or implement regulations stricter than the state. The association managed to convince 35 municipalities to work with operators in their borders or return back to community norms, according to Flanders. Flanders reminded the crowd that there were still a few Colorado communities who enacted bans, moratoriums or stricter records despite state primacy. According to the Denver Post, COGA has sued three municipalities – Longmont, Lafayette and Fort Collins – to successfully overturn local bans and moratoriums on oil and gas operations. The organization also played a role on Colorado Gov. John Hickenlooper’s oil and gas task force, which developed nine recommendations, seven of which were unanimous, according to Flanders. However, as reported by the Denver Business Journal, numerous members of the task force deemed it a failure because the recommendations did not result in more power for local authorities over oil and gas operations. “They weren’t willing to be able to come to a compromise and call it a victory, when at the end of the day they know this is what they’re going to get,” Flanders said. Despite some contentiousness with certain Colorado communities and activists, the state is overwhelmingly open to the oil and gas industry because of its economic windfall. Flanders cited the fact the oil and gas industry produced $500 million in tax revenue earmarked for
Speaker: Doug Flanders, Director of Policy and Internal Affairs, COGA
education. Considering the state recently had a nearly $1 billion ballot initiative to increase taxes for education, Flanders believes restricting the industry that creates half that amount is dangerous. “This is a tremendous impact on our K-12 education that if we forget about and can’t talk about and tell our neighbors about, they’re never going to know it,” Flanders said. “Our industry isn’t the best at walking in and presenting ourselves within K-12 education. But I can tell you if we walk away or if for some reason we’re not providing that, our children will know.” Flanders also addressed OPEC’s attempt to drive the price of oil down in order to stifle American production. As the sixth-largest natural gas producer and seventhlargest oil producer, according to the U.S. Energy Information Administration, Flanders cited the innovative methods Colorado operators are using on the Piceance, Denver-Julesburg or any basins in the state that have forced the OPEC nations to drive the price of U.S. oil down to $51.40 a barrel as of March 25. “Colorado is a key player not just because of what we do economically but throughout the United States,” Flanders said. “We hear a lot about the innovation, but the innovation that you have provided for the world is what’s moving these numbers in Colorado.” Over the next year, Flanders said he is unsure what the oil and gas industry should expect in the state legislature specifically, but he did predict a bill allowing local governments to veto state authority could be in the works. If such a bill is ratified, the oil and gas industry will have a large hurdle to maneuver. But now that the industry has proven to be such a vital economic contributor and job creator, Flanders does not expect any such bill to pass. “Don’t confuse local control for anything other than a ban when you hear that,” Flanders warned. “I also think that because of many of you in the room and the work that you do, we’ve been able to move the ball forward quite a bit to where I don’t think they have the votes in the legislature to pass something like that, which is encouraging.”
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bilfinger westcon Engineering Company of the Year
Winner’s page
3rd Annual
Rocky Mountain
Samuel Engineering, Inc. Judges’ Comments: Exemplary combination of quality engineering services, an established employee culture and community involvement. A company that get’s it. Samuel delivers a best in class product while remembering that people - both the client and their own employees - are what is important.
Click here to watch the video
Samuel Engineering, Inc. (SE) is a Denver, Colorado based multidiscipline engineering, procurement and construction management (EPCM) company started in 1996. SE has grown to over 185 full time professionals and has successfully executed hundreds of projects. Beyond SE’s center of excellence and corporate headquarters in the Denver Tech Center, are satellite offices in Durango, CO, Salt Lake City, Utah and Rock Springs, Wyoming. From its genesis, traits such as humility, gratitude, generosity and client focus solutions, coupled with the relentless pursuit of excellence, were embedded in SE’s culture – “We do it once we do it right”. SE’s view is that neither the oil & gas sectors nor its clients need (nor want) just another engineering company. SE sees undisciplined growth at all cost, as a business vice/temptation rather than a sustainable virtue.
Although SE continues to grow and has been recognized by Inc. 500 as one of the fastest growing companies in our sector, SE pursues excellence rather than size; repeat satisfied clients rather than many new clients; successful projects rather than high volume, optimal solutions rather than “one size fits all” approaches.
Further information on these winning organizations, interviews and photos can be viewed at www.oilandgasawards.com
Sponsored by: Bilfinger Westcon Bilfinger Westcon Inc. is an Industrial General Contractor with 34 years of experience serving the oil/gas industry in oil plays throughout the United States. Safety is critical to the success of our projects. In order to ensure that our employees make it home every night, our goal is “zero incidents”.
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General Contractor Specializing in Industrial Projects
Services Include:
• Project Management • Planning/Scheduling • Cost Reporting • Civil • Structural • Mechanical/Piping • Equipment Setting • Code work • Hot Taps
Bilfinger Westcon Inc. P.O. Box 1735 Bismarck, ND 58502 7401 Yukon Drive Bismarck, ND 58503 701-222-0076
Oil & Gas Awards 2015
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Click here to watch the video
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Industry Summit Editorial
Owning the Culture The safety culture that now permeates the oil and gas industry is embraced at every level.
There is no doubt that the oil and gas industry can be a dangerous one. Resources often are based in remote locations with less-than-ideal working conditions that require heavy materials and large pieces of equipment to extract a commodity thousands of feet underground – there are bound to be accidents. However, the oil and gas industry has taken great strides over the last few decades to make sure its field employees are protected as much as possible in these situations. “In the last 22 years I’ve been in the industry, the most evident piece is that we all as clients, as industry leaders, as constructors and certainly our folks in the field have raised our expectations,” said Michael Brueggemann, District Manager for The Industrial Company “I remember when we used to come onto a project and set a goal for safety that was something other than zero. I think everybody has come to the conclusion or in the process of getting there that we don’t ask for volunteers at the beginning of a job to see who would want to get injured. The first step is that it’s an expectation that we can and will do the project, the job, the day safely without injuring anybody.” Accidents come in all shapes and sizes, and the general public typically only becomes aware of the major catastrophes like the Deepwater Horizon oil spill in 2010. However, the smallest mistakes can lead to tragedy, as well, like when a construction worker in Jersey City, New Jersey, was killed after a 1-pound tape measure fell about 50 stories and hit him in the head after it had fallen off the belt of another worker. Either way, accidents great and small are the product of a string of events that lead to problems. According to Lee Haven, Chief Strategy Officer for Loenbro, this is the top reason otherwise preventable incidents occur. “Typically, an accident is a series of events,” Haven said. “So if you concentrate on the small things and do those right and take a little bit of extra time, and have the
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authority and capability to stop even if it’s a superior, then you’re going to be more likely to be safer.” All the safety training available via OSHA mandates as well as individual company programs will bring safety to the forefront of field employees’ minds in the classroom, but it is difficult to determine how much carries over to the field. The biggest difference Brueggemann has noticed with the industry’s attitude toward safety is what he described as “craft ownership” of the safety processes. For the longest time, management simply handed down safety mandates from the office to the field instead of discussing what was necessary to improve safety with those on the front lines. “For too long, we have mandated what we wanted it to look like instead of engaging the experts who are the people in the field working those 13 million-plus man-hours to really be an active participant in how safety evolves on a project and what specific hazards need to be recognized and mitigated,” Brueggemann says. “I think that has been a big step for us in really making some leaps in terms of our safety culture.” Oil and gas companies throughout the United States implement a safety culture in a variety of ways, but one of the most common techniques is through creating accountability in its field employees. Oftentimes, this means giving all levels of the workforce authority to stop work if they see an unsafe activity taking place – even if that means stopping their supervisor. “We’re trying to ramp up all of our auditing process, our behavioral-based safety programs so that we have more and more eyes on what’s going on in the field,” said Rikk Wampler, Corporate Safety Compliance Manager for Bilfinger Westcon. “I personally feel like the accountability that we hold our employees to is where it really starts. That’s where our best practices come in – we teach them, we train them, and then we hold them accountable for doing it the right way.”
Moderator: MJ Clark, Executive Editor, Wyoming Business Report Speakers: Lee Haven, Chief Strategy Officer, Loenbro Michael Brueggemann, District Manager, The Industrial Company Rikk Wampler, Corporate Safety Compliance Manager, Bilfinger Westcon
One way Bilfinger Westcon implements this culture is through its mentorship program. Wampler said his company hires many young and inexperienced employees who simply do not know what they’re doing is unsafe, so upfront training on the do’s and don’ts of the industry from experienced veterans is imperative. “They really don’t know what best practice is – they haven’t been there yet,” Wampler said. “Our mentoring program is huge to make sure they stay safe while they learn what safe is.” Once employees are trained appropriately, they must take what they learned to the field and implement safe practices at all times. Companies in the oil and gas industry have been searching for ways to reward safe behavior instead of penalizing accidents, and The Industrial Company has come up with a card system to reward vigilant employees for their keen eyes for safety. “We give out card every day as we expect our folks to document items or steps they’ve taken to stop somebody from doing something that isn’t safe,” Brueggemann said. “Rather than punishing the unsafe behavior, we’re rewarding the step that was taken that is positive, which is to intervene and potentially save a life.”
watching out for me, and we’re going to make sure at the end of the day, we go home.’ That’s the real key to safety.” Safety has to be part of a process of learning, not just one-time training and ongoing reinforcement, according to Brueggemann. The Industrial Company involves its craftspeople in this process as much as possible, even going so far as to put on skits that portray real-life scenarios like stopping unsafe work. “This is really about getting some camaraderie about it and building that culture from all aspects to be allinclusive to stop work,” Brueggemann said. “It absolutely is effective for the very reason that it is unexpected. If you do something that sticks out, it is more memorable and will have a greater impact. And they have fun with it.” Management should look for any way possible to keep safety training fresh, according to Wampler, so employees remain engaged. “As soon as your program becomes stale, you’ve lost your program,” Wampler said. “Then you start losing your culture.”
Along with rewarding safety vigilance, companies often find ways to reinforce safety standards and expectations on a daily basis. Wampler said Bilfinger Westcon has a pre-task plan, which includes the stop-work authority. Every morning, the company has a different employee read the stop-work authority to drive it back home. Panel moderator MJ Clark, Executive Editor of the Wyoming Business Report, referred to this initiative as “the pledge of allegiance, except for construction.”
Considering the cost savings associated with safe operations just in regards to insurance costs should be enough motivation for management of oil and gas companies to make safety a top priority. An audience member asked the panel to discuss the relationship between insurance rebates and decreased premiums to safety records, and Brueggemann responded by explaining the experience modifier rate. Insurers need data from a number of years, however, so it is not something companies should expect right away. Nevertheless, Haven said it is well worth the wait.
Wampler said it is necessary, however, since North Dakota is one of the most dangerous states to work in. In 2014, the AFL-CIO’ annual “Death on the Job” report stated the state had 65 workers killed on the job in 2012.
“Any time you can take advantage of loss control personnel from the insurance company or from a thirdparty consultant that can help you notify the insurance company, that is to your benefit,” Haven said.
“How do we stop that? How do we keep 65 employees from not going home?” Wampler said. “The stop-work authority is basically, ‘I’m watching out for him, he’s
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New Technology Development of the Year Software
Winner’s page
3rd Annual
Rocky Mountain
Oildex Judges’ Comments: The strategic alignment of Quorum and Oildex makes sense. The data exchange system will provide visibility and efficiency to understand gas plant revenue. Teaming up with Quorum Business Solutions to develop and implement GPEX was an astute decision. GPEX will greatly improve data accuracy, reduce labor costs, facilitate gas plant accounting, and deliver information to Upstream and Midstream companies on a much timelier basis compared to previous industry processes. It is an innovative solution that brings gas plant management into the 21st Century.
Oildex provides cloud-based document exchange and workflow solutions to over 7,900 companies and 130,000 registered users in the oil and gas industry. The Oildex suite of services streamlines operations enabling companies to shift from paper-based processes to electronic and provides tools for companies to track and understand their transactions in near-real time. Currently available services include: digital and scanned invoice processing (SpendworksTM and Spendworks CompleteTM), owner/ producer relations data posting (Owner Relations ConnectTM), check stub reporting (Checkstub ConnectTM – CDEX), scanned check stub reporting (CDEX CompleteTM), joint interest bill processing (JIB
ConnectTM), scanned JIB processing (JIB CompleteTM), crude oil data exchange (Run Ticket ConnectTM – CODE), and production and sales volume reporting. Oildex has offices in Denver and Houston. For more information, please visit www.oildex.com.
Further information on these winning organizations, interviews and photos can be viewed at www.oilandgasawards.com 54
Oil & Gas Awards 2015
DTZ is a proud sponsor
2015 Rocky Mountain Oil & Gas Awards
As a global real estate service provider, DTZ is uniquely positioned to serve the oil and gas industry with any real estate requirement. Recent Example A 224 acre industrial land deal for a new mid-stream rail facility in Northern Colorado. David Schlatter listed the property, targeted oil and gas rail users and brought the buyer to the deal for a mutually successful transaction. The buyer, ARB Midstream, is building a $50M rail facility on the site. arbmidstream.com/nicon-project
David Schlatter Corporate Real Estate Advisor david.schlatter@dtz.com +1 303 729 2344 www.dtz.com
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Industry Summit Editorial
Rolling with the Changes Operator comfort and environmentally friendly functionality are key drivers for innovation in the trucking industry.
There was a time when the commercial truck industry had a significantly longer development cycle than passenger cars, which meant technological advances were far slower to market. However, as Jeff Stevens tells it, that is changing as customer requirements, legislation and technology bring new innovations in the trucking industry to consumers faster than ever. “Our product development lifecycles have been cut in half,” said Stevens, Specialty Markets Director for Kenworth Trucks. “We’re rapidly catching up with the passenger car industry in terms of comfort, safety, emissions efficiency and, yes, even complexity.” In his spotlight presentation, “Innovation in the Trucking Industry to Reduce Emissions and Increase Safety,” Stevens focused on the comfort of drivers and the emission performance of Kenworth’s most recent product launches. Whether it is the size of the cabin or the interoperability of controls, driver comfort has a direct effect on safety, according to Stevens. That is why Kenworth Trucks performed a variety of experiments to determine how to best protect its customers right in the cockpit. “At the end of the day, it’s all about the driver,” Stevens said. “And a comfortable driver is likely to be a safer and more productive one.”
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One of the first areas Kenworth Trucks changed was the driver cockpit. Stevens said the company gathered a great deal of data to identify a number of key factors for driver comfort, including eye position, body position and pedal packages. Kenworth Trucks then used this data on its R&D to design five test configurations for its existing products, which were test by drivers ranging in gender and body shape. After redesigning the cockpit, Kenworth Trucks turned its attention to secondary interactions. Stevens said when Kenworth Trucks evaluated the 5th percentile of female drivers and 95th percentile of males, the clutch position and stroke was one of the key things these demographics agreed made the them more comfortable. “Because of this, we shortened the stroke on our clutch and we reduced the pedal effort to be able to engage the clutch,” Stevens said. “We reduced it down to about 33 pounds, which is similar to what a European car is.” Along with operating the vehicles, Kenworth Trucks considered how drivers simply enter and exit the products. Stevens said this was important considering many drivers get in and out of their vehicles between 60 and 70 times a day. “Many of us take for granted what it takes to get in and out of the vehicle,” Stevens said. “The driver needs to be
Speaker: Jeff Stevens, Specialty Markets Director, Kenworth Trucks
safe, and it needs to be easy for them to get in and out of the vehicle.” Kenworth Trucks has added a deeper offset, stairs, grab handles and LED courtesy lamps entering in and out of the vehicles. While an innovation in driver comfort mostly is driven by customer demand, advancement in emission control technology often is driven by government regulations. Since 2007, the EPA requirement stands at 0.1 grams particulate and 0.2 grams nitrous oxide per horsepower hour for exhaust. Kenworth Trucks turned its focus from the engine upgrades to developing post-combustion cleanup of the exhaust. “After treatment” technology involves that involve exhaust gas recirculation, diesel particulate filters, selective catalyst reduction and diesel exhaust fluid, among others, that combine to clean up exhaust gas to meet Clean Air Act emission standards. “To put this into perspective, a truck built in 1990 produced as much emissions as 60 trucks that are built today,” Stevens said. In 2013, the U.S. EPA required all trucks must be equipped with on-board diagnostics (OBD). These systems are designed to monitor the performance of some of an engine’s major components including those responsible for controlling emissions, according to the EPA. For a commercial vehicle, if its emission related, the truck will go into a “D” rate, which will limit the power down anywhere from 20 to 5 percent of max power, ultimately rendering the vehicle inoperable, Stevens said. He compared OBD to the “check engine” light on passenger vehicles that many drivers often ignore until necessary.
percent of the take rate, according to Stevens. This is critical as fuel infrastructure continues to expand into utilities and public and private facilities alike. “Even with diesel prices where they’re at today, some of our key customers have been investing in the fueling infrastructure and have become comfortable with using natural gas trucks,” Stevens said. “They’re continuing to purchase these vehicles. There still is an ROI even with fuel prices where they are today.” As for its vehicles, Kenworth Trucks has made some enhancements to existing product lines to cater to the demand for natural gas options. Stevens said examples include the methane detection as well as a storage system and engine. “The fuel storage system as well as the engine’s development is happening rapidly in both of those areas,” Stevens said. “We’re seeing lots of competition, so we expect the pricing of those come down.” As the demand for natural gas trucks grows, so grows the need for service. Kenworth Trucks already is outfitting services stations as well as its own dealerships with the capability to service these vehicles alongside their diesel counterparts. “We need to make sure that our dealerships as well as other industry professionals are ready and capable to service these vehicles just as they would a dieselpowered vehicle,” Stevens said.
“Unfortunately, we can’t just ignore it in this case,” Stevens said. Kenworth Trucks isn’t ignoring alternate fuels, either. Natural gas is the leading candidate as a fuel source for the commercial vehicle market, yet it only represents 3 to 5 percent of the overall market. However, in some applications including refuse, it has surpassed 50
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Oil & Gas Awards 2015
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Patented VMatz™ is a modular, lightweight, dependable, driveover, resilient foam wall spill containment.
FOR MORE INFORMATION
CALL: 855-927-5759 VISIT: vzenvironmental.com 58
Oil & Gas Awards 2015
A simple, cost effective patented solution for minimizing and containing airborne silica sand dust particles on frac sites.
VPondz™, used for larger applications and water retention projects, are assembled with 2ft or 4ft walls. Commonly used as temporary above ground frac ponds.
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Total Safety salutes the industries we serve. Total Safety introduced In-Plant Service Centers to the process industries more than 20 years ago. Today, as we celebrate our 20th anniversary year, we have more than 150 active IPSCs in 21 countries. Let Total Safety help you achieve award-winning safety records and lower your cost of operations with our EHS consulting services and fire protection services. We are on site day and night providing complete safety solutions to help you protect people and assets. Over the past 20 years, we have acquired 25 of the best safety companies on earth to create one smart solution called Total Safety. Some of these acquisitions and the employees who joined us have more than 40 years of safety experience. Today we work together as one family – so you might just say, Safety is our DNA™. Total Safety is active in the Upstream oil and gas industry in key energy markets around the world. From exploration to drilling to production, we are there to support you for the life of your project. We can handle all of your mission-critical H2S safety services for the most stringent regulatory requirements in hazardous environments. Total Safety can help you meet even your most demanding safety goals and requirements in any sector of the oil and gas industry using our GPS-enabled smart inspections. Smart Inspections help you manage the regulatory inspection process electronically, improving accountability, accuracy, and reliability.
20
years
Thank you for in business. SAFETY. EVERYWHERE.
totalsafety.com | 8 8 8 . 3 2 8 . 6 8 2 5 60
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Consultancy of the Year
Winner’s page
3rd Annual
Rocky Mountain
Total Safety Total Safety is the world’s leading provider of service solutions to upstream, midstream, downstream, refinery, chemical, petrochemical, power generation, mining and industrial markets. We provide highquality safety solutions in a measurable, cost-effective manner, without compromise. And we stand behind our promise to each customer to protect lives, property and the environment.
Judges’ Comments: With increasing regulation and complicated compliance requirements within the industry, Total Safety are equipped to support and advise their clients on wide ranging matters at every opportunity. The H2S safety-training scheme was a shrewd and timely introduction for the industry as a whole. The growth of the academies is testament to its success and its importance.
Headquartered in Houston, Texas, with more than 144 locations in 22 countries, Total Safety offers services and equipment tailored to specific business needs in gas detection, respiratory protection, safety training, fire protection, compliance, SMART inspection, tank watch, centralized confined space monitoring, industrial hygiene, onsite emergency medical treatment/ paramedics, communications systems, engineered systems design, flare services, flare design and materials management.
coaching by field supervisors, and the personal and emotional involvement of the entire workforce.
Total Safety’s goal is to secure an accident-free environment through our demonstrated commitment by management, strong leadership and
For more information about Total Safety and its unwavering commitment to safety, visit www. totalsafety.com.
Everyone at Total Safety has an intense focus on hazard identification, elimination and control; early intervention and feedback about unhealthy and unsafe work practices; and positive reinforcement of safe work practices. We integrate safety into engineering, fabrication and construction, as well as the protection of people and the environment “by design.”
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Further information on these winning organizations, interviews and photos can be viewed at www.oilandgasawards.com
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Industry Supplier of the Year
Winner’s page
3rd Annual
Rocky Mountain
Border States Electric
Judges’ Comments: Border States is an employee owned company that provides total customer satisfaction with it’s products and solutions. Job trailers are supplied to provide immediate supplies for emergencies. An industry supplier in every sense. Good community investment and great to see this company evaluating the performance of their manufacturing partners to ensure good supply, product and service delivery.
Border States has transformed over 60 years into the eighth largest independent electrical distributor in the United States, with 80 locations in 16 states. Today, our more than 1,900 employee-owners provide products, materials management solutions, and delivery and logistics expertise to tens of thousands of customers across diverse industries, including commercial, datacomm, education, electrical construction, government, health care, industrial, mining, oil and gas, plumbing, renewable energy, and utility. We’re one of the largest 100 percent employee-owned companies in America. Each of our employeeowners has a stake in our long-term success. Employee-ownership drives our commitment to delivering total satisfaction. We are empowered and expected to act decisively, exceeding our customers’ changing expectations at every turn with every interaction. As employee-
owners, we’re committed to the communities where we live and work. We’re involved in community cleanup projects, annual community development campaigns, and participating in community athletic teams. We’re also members of community groups, church groups, youth groups and educational institutions.
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Further information on these winning organizations, interviews and photos can be viewed at www.oilandgasawards.com 62
Oil & Gas Awards 2015
Oilfield Services Company of the Year
Winner’s page
3rd Annual
Rocky Mountain
Fortis Energy Services Fortis Energy Services, headquartered in Michigan, offers oil and gas well services throughout the Rocky Mountain and Northeast regions, specializing in well completions, workovers, down-hole repairs, maintenance, plugging and abandonment.
Judges’ Comments: Fortis’s high degree of customer satisfaction and education are more than admirable. Their veteran and employment initiative is second to none and speaks for itself. Not only do they honor and respect our returning veterans but open avenues of education and training to those who have unselfishly served our country. Fortis has worked hard to be successful in a highly competitive part of the oil and gas industry; providing rigs and personnel to service oil and gas wells. What makes Fortis stand out is its commitment to providing proper training to its personnel, a very strong commitment to safety, excellent rig maintenance, and most importantly, the company’s program to hire and train Veterans. Fortis’ “Fortis 4 Vets” program truly makes them a standout in this group.
Fortis’ experienced crews are Fortisafe Certified. Our fleet consists of 350 and 550 series workover rigs and ancillary equipment including tri-plex pumps, mud tanks, power swivels and hydraulic catwalks resulting in a high degree of efficiency, finishing work in 15-20 percent less time than our competition. Fortis’ culture of safety, recruiting and preventative maintenance reduces non-productive time in the field. Fortis’ strategic growth plans target all the major shale plays across the US over the next 3-5 years, including the Williston, Appalachian, Eagle Ford, Permian and Niobrara basins.
Fortis has experience working safely under extreme well pressures in the Northeast, in line with their core value “Safety First”. Fortis’ employees are Fortisafe Certified, a rigorous program to promote a high standard for safety throughout the operations. Fortis Energy Services strongly supports corporate responsibility as indicated by the Fortis4Vets hiring initiative. The company is listed by Inc. 5000 as one of the fastest growing companies in the US and was voted one of the top 100 energy companies.
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Further information on these winning organizations, interviews and photos can be viewed at www.oilandgasawards.com Oil & Gas Awards 2015
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Industry Summit Editorial
Lending a Helping Hand The state of North Dakota supports the oil and gas industry through measures that keep business moving when commodity prices plunge.
There’s no doubt the oil and gas industry is facing a critical juncture in 2015 as commodity prices hover around $50. Instead of panicking, however, Kari Cutting, Vice President of the North Dakota Petroleum Council, believes in finding cost-effective ways to remain profitable by bringing industry and government together. “When faced with these challenges, you step up to the plate, you find solutions, you generate greater efficiencies, find ways to cut costs and adapt to that challenge,” Cutting said during her keynote address, “The Bakken; The Future Still Looks Bright.” “In North Dakota, sometimes you get a little help from the North Dakota government.” For example, the North Dakota state legislature passed a number of tax triggers that take effect when the price
of oil reaches a certain level. Cutting said these triggers are meant to serve as incentives to the oil and gas industry to move forward in difficult times. North Dakota Tax Commissioner Ryan Rauschenberger announced an oil extraction tax rate reduction for new wells, which when into effect February 1. According to a statement from the state of North Dakota, this was the “small trigger,” which lowered the oil extraction rate from 6.5 percent to 2 percent on the first 75,000 barrels produced or the first $4.5 million of gross value during the first 18 months after completion of a well. Once the small trigger is in effect, it will only be triggered off when the average price of a WTI barrel is $72.50 or more for a single month. There is also a “large trigger” that could take effect as early as June 2015. According to Cutting, it would require more than four months of West Texas Intermediate (WTI) crude oil prices being less than $55.09 per barrel for this trigger to kick in. “So hopefully, this has an impact on incentivizing continued activity of the industry in our state,” Cutting said. Another way the oil industry is combating lower oil prices is by moving into areas in North Dakota where production is the highest. For the Bakken Shale, that means operating within the core of the formation, which means the fringe of the shale is falling off. However, the core of the Bakken shale is located in four counties and has a large area on the Fort Berthold Indian Reservation. “Some of the new challenges are going to be the additional permitting of wells on federal lands and Indian lands,” Cutting said. Getting oil out of the state is still problematic because despite moving 35 percent of product through pipeline, the state remains in dire need of additional pipeline. According to Cutting, the reason for the bottleneck is most North Dakota pipeline connects to the Gulf Coast, a region saturated with light sweet crude. That leaves the East and West coasts, but there is a lack of
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Speaker: Kari Cutting, Vice President, NDPC
infrastructure heading east and west from the state. To address the issue, North Dakota has one refinery in operation and at least three under construction or on the drawing board, according to Cutting. “That is going to be somewhat of a game-changer even though these are small refineries, it still will have a huge impact on where that production goes in our state,” Cutting said. Natural gas flaring has been a problem in North Dakota for years, peaking at 36 percent in 2012, according to Cutting. With 1.5 billion cubic feet of natural gas produced daily, North Dakota simply doesn’t have the infrastructure to keep up with increased production.
55,000 direct jobs and a total of 81,000 direct and indirect jobs. The jobs represent 28.5 percent of total wages for the state. In 2013, the oil and gas industry created $43 billion for the North Dakota economy. Sure, the second-largest oil producing state in the union is losing some rigs – Cutting said the count had fall from a high of 216 in 2012 to 115 as of March 2015 – with sinking oil prices. However, Cutting remained positive about the oil and gas industry in North Dakota because of the cooperative relationship between industry and government. “I continue to say that the future is bright,” Cutting said.
On September 11, 2013, the North Dakota Petroleum Council set up a task force to figure out how to decrease flaring. The task force worked with regulators to set gas capture targets for the industry. Permits now require the submission of a gas capture plan that explains how gas will be connected to sales, or how a producer is using remote capture technology at the time the gas is produced. As a result, according to Cutting, the entire industry is exceeding the target of 77 percent gas capture for 2015 as of March. The 2016 goal is 85 percent gas capture. Cutting said when the task force started in 2013, $5 billion already had been spent on gas capture, gas gathering pipelines and gas processing. In the last 18 months or less, another $8 billion had been spent on gas capture infrastructure. The council anticipates another $5 billion to $6 billion will be needed to reach the 85 percent goal and finally reach the 90 to 95 percent goal for gas capture by 2020. The way the oil industry supports the North Dakota economy, it should come as no surprise that the state legislature works so well with business. Citing the “Petroleum Industry’s Economic Contribution to North Dakota in 2013” study released by North Dakota State, Cutting said the oil and gas industry generated
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Oil & Gas Awards 2015
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Themark Corporation E&P Company of the Year
Winner’s page
3rd Annual
Rocky Mountain
EOG Resources EOG Resources, Inc. is one of the largest independent crude oil and natural gas companies in the United States with proved reserves in the U.S., Canada, Trinidad, the United Kingdom, China and Argentina. The U.S.-focused company is a technological leader in horizontal drilling to produce hydrocarbons from shale.
Judges’ Comments: EOG demonstrated a willingness to give back to the communities where they work and live.
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EOG have clearly taken their commitments to operational excellence and community engagement to the next level. The detail provided on their best practices is remarkable. Regular participation in regional NPC councils of excellence and as a founding member of the MSC, EOG’s commitment to showcasing best practice is unparalleled. They don’t just talk the talk, they walk it.
A top tier E&P company! EOG continually takes steps through training and continuous improvements in its practices to prevent safety and environmental incidents.
Quality ownership positions in key producing areas, with a stellar environmental and operating record.
Sponsored by:Themark Themark Corporation® proudly combines an ideology that reduces costs and complies with all industry environmental and safety regulations for drilling through to refining needs. Our signature product, the HydroPod™ is capable of treating processed water approved by the EPA for redistribution into natural water shed systems in some states.
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Call for Entries
Oil & Gas Awards March 2016 Gulf Coast Houston
Northeast Pittsburgh
Rocky Mountain
October 2016
Southwest/ Midcontinent Dallas
West Coast Bakersfield
Denver ENTRIEs dEadlINE:
ENTRIEs dEadlINE:
Thursday, december 10, 2015
Thursday, July 28, 2016
Canada June 2016 ENTRIEs dEadlINE: Thursday, april 14, 2016 Calgary For further information please visit www.oilandgasawards.com There is no better PR than PEER RECOGNITION Oil & Gas Awards 2015
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Award for Excellence in Health & Safety
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CDM Resource Management LLC CDM Resource Management LLC provides contract natural gas compression and production services with 98% runtime guaranteed per month on all contracts, including first-call response, preventative maintenance and pre-emissions testing, all with no hidden charges. Our Cat® Gas Engine /Ariel Compressor fleet exceeds 1.2 million horsepower, and our gas treating fleet utilizes our patented MQC® design technology.
Judges’ Comments: CDM appears to be trying to continually improve their safety performance. While they have a variety of existing programs; such as safety audits, job safety analyses, safety incentives, the company has also added cell control chips and PSM capabilities to further ratchet down on safety.
The company is dedicated to a higher level of service. They modify and improve their equipment based on market demand and new discoveries. They charge one flat fee for their services and provide 24/7 service.
Their vision of installing ‘no bleed high pressure control valves’ as standard equipment for Quad O compliance and working towards finalizing their ‘eWorks’ software help set them apart from other candidates.
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A-Z of finalists 3rd Annual
A&W Water Service, Inc. A&W Water Service provides efficient and environmentally conscious solutions to service the full cycle of the well, from water sourcing and transfer to reuse and disposal at our own facility. We offer the complete solution; Water Hauling, Frac Tanks, Water Transfer and Manifold, Flatbed Hauling, Pipe Yard Storage.
ABUTEC Industries, Inc. ABUTEC, an acronym for Advanced Burner Technologies, is a manufacturer of environmentally friendly combustion solutions. ABUTEC specializes in offering high-efficiency, low-emission burners and flares to the upstream and midstream oil & gas segments. ABUTEC manufactures burners, enclosed combustors/ flares, vapor combustors, incinerators and thermal oxidizers, all aimed at reducing emissions and increasing efficiency.
Access Midstream Through a recent merger with Williams Partners L.P., Access Midstream joined Williams, a premier provider of largescale natural gas infrastructure in North America. The Access operating area spans nine states in the Barnett, Eagle Ford, Haynesville, Marcellus, Niobrara and Utica Shales and the MidContinent regions.
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Anadarko Petroleum Corporation Anadarko Petroleum Corporation’s mission is to deliver a competitive and sustainable rate of return to shareholders by exploring for, acquiring and developing oil and natural gas resources vital to the world’s health and welfare. As of year-end 2013, the company had approximately 2.79 billion barrels-equivalent of proved reserves, making it one of the world’s largest independent exploration and production companies.
Judge’s comments
This was a difficult choice…A&W added LNG and CNG trucks to fleet; promoting the reduction in emissions.
This is a solid, successful company who continues to put focus/capital into safety (e.g. fleet driving information) and environmental (CNG and LNG vehicles) programs that improve the company.
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Products approved by the EPA. A fine manufacturer of burner systems that are Quad O Qualified. The flexibility of the HP/LP system provides a versatile solution for multi-pad wells and leverages expertise across a range of products enabling delivery of a fully customizable solution.
With a wide variety of burners, combustors and thermal oxidizers contributing to the reduction of emissions and increasing efficiencies for operators available, Abutec’s growth across North America is good for the industry and the environment.
It is imperative for companies like Access Midstream to support local conservation projects that need such investment. It’s great to see the results from donations and the impact Access have made in the regions wetlands and rivers.
Anadarko’s Water on Demand system is an impressive way to utilize primarily non-potable water to provide for multiple needs while greatly reducing vehicle trips from water hauling (producing environmental and safety benefits).
Access Midstream have shown a dedication to the conservation of the Greater Sage Grouse, most prevalent in Wyoming, by working in partnership with Wyoming Game and Fish to replant 5,000 acres with 12,000 seedlings. Reestablishment will take time and support from Access on projects such as this is invaluable to the ecosystem.
Successfully and economically implemented various projects to help the environment; spill reduction, water conservation, and use of an all-electric drilling rig (reduced noise and CO2 emissions and lower fuel costs). Also implemented techniques to reduce light and sound associated with drilling operations. Reduced pad size with single locations for frac equipment.
A-Z of finalists 3rd Annual
Rocky Mountain
Applied Control Equipment For over 50 years, Applied Control has been committed to solving the process industry’s toughest challenges by providing value-add engineered solutions. As Emerson Process Management’s Local Business Partner in the Rockies, Applied Control has the unique capability to deliver best-in-class technologies combined with local expertise to deliver turn-key automation solutions.
ARCADIS
Astro Thermal Tec Ltd.
ARCADIS is the world’s leading natural and built asset design & consultancy firm. From upstream to retail and operating to legacy, ARCADIS has been a key supplier of costeffective solutions to oil and gas clients for over six decades. Our experts provide tailored business strategies that make good business sense.
Astro Thermal Tec Ltd. is the manufacturer of a large volume high efficiency (95%+) industrial water heater. Efficient, reliable, safe, versatile and environmentally friendly are the best descriptors of our product. Continuous research and development along with quality service and support are the hallmarks of our family centered company culture.
Austin Exploration Austin Exploration engages in the acquisition, exploration, development and production of onshore oil and gas in the United States. Austin is the first Company to drill and produce from the Niobrara shale in this part of Colorado which came on to production at 403BOEPD. Austin has an interest in 5,000 acres in Eagle Ford Shale in Texas as well as producing oil and gas properties in Kentucky, Mississippi and Texas.
Judge’s comments
Applied Control offers such a wide variety of solutions with a great amount of technical support. Some of these systems that allow clients to achieve their goals include increased site safety with Safety Instrumented Systems (SIS), reduced environmental emissions on a well-pad with electric control solutions, optimized hydraulic fracturing processes with the wireless pressure monitoring network solution, an impressive suite of products. They also supplement their applications expertise with an impressive inventory of new and remanufactured equipment, a 24/7/365 emergency response network, field services team, and a formal, local customer education/ training program. Applied Control supported the entry with multiple case studies, very impressive.
Creative solution to eliminate cutting/hand injuries on the work site with new sleeve design.
An effective method to reduce injury when on site, the solution has a variety of uses. A simple solution is often the best solution and this is a classic example.
Appears to be a great product to use for water heating; lowers fuels costs, lowers emissions, lightweight reduces road damage, parts all from North America (thus reducing transportation costs and the associated environmental impact).
Small company that brought to the market an economical and environmentally friendly water heating solution using clean natural gas. Low emissions, fuel saving and portable equipment is a great outcome.
This is a certain future winner. Their mission statement and corporate values hit all the components of an award winner.
Impressed with the huge success made in uncovering an enormous potential in the Niobrara in the Canon City Embayment and the “0” loss time accident record.
Impressive story of growth and success from a start-up E&P company.
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A-Z of finalists 3rd Annual
Rocky Mountain
3rd Annual
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Bilfinger Westcon Inc.
Bluetick Inc.
Border States Electric
Calfrac Well Services
Bilfinger Westcon Inc. is an Industrial General Contractor with 34 years of experience serving the oil/gas industry in oil plays throughout the United States.
Bluetick Inc. provides innovative practical solutions that deliver measurable value and return on investment. We employ the most talented engineers and software developers to architect, build and support dependable systems. Our flagship applications include the Remote Monitoring and Control (RMC) system and the Land Management System (LMS).
What started as a single location in North Dakota has transformed over 60 years into a 100 percent employee-owned company and the eighth largest independent electrical distributor in the United States, with 80 locations in 16 states. Our core markets are construction, industrial, and utility.
Calfrac Well Services is an innovative pressure pumping services provider focused on unconventional natural gas and light oil plays plus strategic international markets. With stateof-the-art equipment, in-house R&D, an expert team of employees and experienced management, Calfrac is strongly positioned for continued success. At Calfrac, our purpose is flawless execution.
Safety is critical to the success of our projects. In order to ensure that our employees make it home every night, our goal is “zero incidents”.
Judge’s comments
Bilfinger Westcon’s company and project growth have been impressive. However, it appears that the company’s commitment to project quality, local communities and focus on employee safety remain excellent.
Bilfinger Westcon’s sponsorship of sports teams in its local communities is an excellent example of why it deserves to be acknowledged for its CSR activities. The company makes a concerted effort to keep local youth involved in sports as a way of making those communities where the company is active better than when the company first entered those communities, by keeping the youthful participants involved in positive activities.
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Having real time data is a must for our industry. Monitoring remote locations for system failures is a must, not only from an economic standpoint but from a safety standpoint. Bluetick has been able to incorporate remote data gathering into a real time user-friendly system that can be customized to your individual needs.
The Bluetick Remote Monitoring system appears to be one of the more comprehensive systems for capturing, analyzing, and reporting key field data, including customized alarms. There are other systems available from other vendors that provide a similar service, however it seems that the Bluetick system may provide more options and a bit better integration of both lease level and central facility data.
Border States is an employee owned company that provides total customer satisfaction with it’s products and solutions. Job trailers are supplied to provide immediate supplies for emergencies.
An industry supplier in every sense. Good community investment and great to see this company evaluating the performance of their manufacturing partners to ensure good supply, product and service delivery.
A leading service provider in well completions, they have a flawless execution that is safe. They are conscientious about safety and the environment.
Calfrac’s pressure pumping and individual detail to each well, along with their safety record, educational opportunities, and training offered to their employees make them a stand out company in their field. A company with a great reputation for getting the job done and making a great well.
A-Z of finalists 3rd Annual
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CDM Resource Management LLC CDM Resource Management LLC provides contract natural gas compression and production services with 98% runtime guaranteed per month on all contracts, including first-call response, preventative maintenance and pre-emissions testing, all with no hidden charges. Our Cat® Gas Engine /Ariel Compressor fleet exceeds 1.2 million horsepower, and our gas treating fleet utilizes our patented MQC® design technology.
Coloradans for Responsible Energy Development Coloradans for Responsible Energy Development (CRED) was created to help educate the general public about the energy, economic and environmental benefits of safe and responsible oil and natural gas development. Our message is simple and clear: get the facts on fracking first before you make a decision.
Corval Group Corval Group is a full service industrial general contractor and engineering firm offering solutions and services that deliver results. As an industry leader, Corval’s unwavering commitment to excellence builds confidence with every client. Building Confidence is more than a motto; it’s a century of delivering results and saving clients millions.
Rocky Mountain
Crestwood Midstream Partners LP Crestwood Midstream (NYSE: CMLP) is a master limited partnership headquartered in Houston, Texas, that owns and operates midstream businesses in multiple unconventional shale resource plays across the United States. Crestwood’s diversified asset base and integrated services provide flow assurance across the value chain for producers and consumers of natural gas, NGLs and crude oil.
Judge’s comments
CDM appears to be trying to continually improve their safety performance. While they have a variety of existing programs; such as safety audits, job safety analyses, safety incentives, the company has also added cell control chips and PSM capabilities to further ratchet down on safety.
Their vision of installing ‘no bleed high pressure control valves’ as standard equipment for Quad O compliance and working towards finalizing their ‘eWorks’ software help set them apart from other candidates.
Their work is invaluable in helping to educate the public on the facts about responsible energy development.
They help the industry educate the public and provide information on fracking, environmentally sound practices and the relationship between energy development and every day costs that the public can relate to.
Exceptional safety record.
Corval Groups “four key factors” that set them apart (excellent safety record, commitment to local communities, quality projects, and exceptional program management) fit right into this category and deserve to be recognized.
Good use of facility overview to paint a picture of their operations and a succinct submission that touches on multiple category criteria. Crestwood have scored well on this basis.
Significant player in the major shale plays. Crestwood operate with a clear commitment to health and safety. They show an appetite for the development of their operations and use strategic acquisitions and development projects alongside organic growth.
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Enbridge Wordmark
A-Z of finalists 3rd Annual
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Cruz Energy Services
Davis & Davis Company
Dresser-Rand
Cruz Energy Services is one of the Alaskabased Cruz Companies. Our innovative and hands-on management style has made Cruz Companies what they are today: prominent heavy civil, oil field service, and barging companies with a reputation for quality work and service. We continually perform on time, safely, and under budget.
Davis & Davis Company is a manufacturer’s representative specializing in Oil & Gas measurement equipment. We provide flow, analytical, level and control equipment and services to the natural gas exploration, transmission and processing industry. We excel in after sales support including startup, phone and onsite technical services and training.
Dresser Rand is among the largest suppliers of rotating equipment solutions to the worldwide oil, gas, petrochemical, and process industries. With its short cycle times, global service presence and leading edge technology, DresserRand can help clients gain a competitive advantage in the LNG market.
Enbridge Energy Partners, L.P Enbridge Energy Partners, L.P. owns and operates a diversified portfolio of crude oil and through its interests in Midcoast Energy Partners, L.P. (“Midcoast Partners”), natural gas transportation systems in the United States. Its principal crude oil system is the largest pipeline transporter of growing oil production from western Canada and the North Dakota Bakken formation. Enbridge Partners is recognized by Forbes as one of the 100 Most Trustworthy Companies in America.
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Judge’s comments
Great to see a company that is developing and expanding in such rapid time is also contributing to a wide range of community initiatives and charities.
246% growth in 4 years and working in challenging weather conditions and an ever-changing regulatory environment, Cruz are still able to meet customers’ needs and budgets. This sets them apart from other companies in the category.
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Long standing supplier to the industry. This company goes the extra mile offering engineering support to their clients.
Good use of testimonials and a well established supplier in the Rocky Mountain region in every sense.
LNGo looks to be the kind of industry development that will revolutionize the use of stranded gas. The system provides rapid access to LNG production in a mobile modular solution.
The distributed LNG system should help propel the utilization of NG. With the dramatic increase in the availability of NG, there is a real need to increase utilization, especially in those areas that have limited pipeline capacity. This system is another advancement in the virtual pipeline segment.
Enbridge tackle the matters most relevant to the industry and how the public perceives them head on.
One of the leading firms in North America. Their commitment to research and development as well as the core values of H&S, CSR and Environmental Stewardship are outstanding.
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A-Z of finalists 3rd Annual
Rocky Mountain
Enerplus
ENSERVCO Corporation
EOG Resources, Inc.
First River Energy
Enerplus Resources is an independent producer with assets in the most productive plays in North America. The company has been active in North Dakota and Montana since 2005, when assets were acquired in the Elm Coulee field. In addition to successful production, Enerplus emphasizes safety, ethical conduct, and community involvement.
Through its two operating subsidiaries – Heat Waves Hot Oil Service and Dillco Fluid Service – ENSERVCO is one of the energy service industry’s leading providers of hot oiling, acidizing, frac water heating and fluid management services. The Company serves customers in 13 states and seven major domestic oil and gas fields.
EOG Resources, Inc. is one of the largest independent crude oil and natural gas companies in the United States with proved reserves in the U.S., Canada, Trinidad, the United Kingdom, China and Argentina. The U.S.-focused company is a technological leader in horizontal drilling to produce hydrocarbons from shale.
First River Energy is evolving the crude oil liquids logistics business for independent producers through seamlessly connecting producers and markets. The strategically located logistics infrastructure, data gathering systems, website and mobile applications are improving customer netbacks and providing access to real-time information enabling customers to run their operations more efficiently.
Judge’s comments
Enerplus has demonstrated a remarkable ability to target niche charities in the specific communities where they are active.
The broad spectrum of volunteer activities that Enerplus employees are actively encouraged to be involved in, and the company time donated for the activities (over 20 hours average per employee) coupled with its successful emphasis on employee involvement in community relations elevates them above the other fine candidates for the CSR Award. Particularly notable were the hours put in by employees in youth mentoring and education.
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It is great to see companies such as this reinvesting and innovating to gain greater performance for their clients and their business. Such green initiatives as the bifuel system for frac water save money and are a more environmentally sound option to heat frac fluid. Their reduction in TRIR is also noteworthy.
Significant financial performance and rapid growth in revenues has been recognized by Wall Street and is impressive. They are a well-run outfit and their entry is exemplary. With a robust revenue model that protects them from volatile prices in the market and differentiates them from others in their sector, ENSERVCO are superbly placed for growth within and outside the region.
EOG demonstrated a willingness to give back to the communities where they work and live.
EOG have clearly taken their commitments to operational excellence and community engagement to the next level. The detail provided on their best practices is remarkable. Regular participation in regional NPC councils of excellence and as a founding member of the MSC, EOG’s commitment to showcasing best practice is unparalleled. They don’t just talk the talk, they walk it.
Quality ownership positions in key producing areas, with a stellar environmental and operating record.
Impressive acquisition and integration of midstream businesses in a relatively short time; the data made available for its customers in terms of transactional and logistical information is noteworthy.
A new player to the market offering crude oil gathering and marketing services specifically for the independent producer. Through a combination of technological developments, organic growth and strategic acquisitions First River Energy is a company to watch.
A-Z of finalists 3rd Annual
Rocky Mountain
Fortis Energy Services Fortis Energy Services, headquartered in Michigan, offers oil and gas well services throughout the Rocky Mountain and Northeast regions. Fortis’ core value ”Safety First” is demonstrated through their Fortisafe Certified program reducing nonproductive field time, while protecting both customer’s investment and our employees. Fortis recently launched Fortis4Vets hiring initiative.
Halker Consulting
Intertek
JD Field Services
Halker Consulting is a nationwide provider of fit-for-purpose, multidisciplined engineering, design and field services for the oil and gas and other energy industry sectors. The firm is headquartered in Englewood, Colo. with field operations in Midland, Texas; Greeley, Colo.; Durango, Colo.; and Dickinson, N.D.
Intertek Oil and Gas personnel, laboratories, and offices support North Dakota and global clients with expert exploration and production, engineering, refining, testing, inspection, quality control, supply-chain support, research, and other services.
JD Field Services, founded by Jason Jensen and David Gurr in 2000 is an industry leader in transportation, roustabout and rig mobilization services within the Oil and Gas Industry. Since it’s inception JD Field Services has grown astronomically. JD’s equipment increased by 875% from 2004 to present.
Judge’s comments
Fortis’s high degree of customer satisfaction and education are more than admirable. Their veteran and employment initiative is second to none and speaks for itself. Not only do they honor and respect our returning veterans but open avenues of education and training to those who have unselfishly served our country.
Proven success in partnering with clients to find comprehensive solutions to producer and midstream challenges.
Good charitable giving and support of local communities. Impressed with the development of the app. The approach to overcoming client challenges with the design Fortis has worked hard to of a central processing be successful in a highly facility reducing competitive part of the oil and production emissions and gas industry; providing rigs and maximizing profit at each personnel to service oil and well-site. gas wells. What makes Fortis stand out is its commitment to providing proper training to its personnel, a very strong commitment to safety, excellent rig maintenance, and most importantly, the company’s program to hire and train Veterans. Fortis’ “Fortis 4 Vets” program truly makes them a standout in this group.
Impressive diversity in analytical tools for E&P companies.
Intertek Oil & Gas technical services deliver a range and breadth of technical and consultative services that the industry depends upon.
Good comprehensive submission with good detail and well laid out. I appreciate the level of detail provided by J D Field. A top outfit.
Rapid growth since company began in 2000 coupled with safety measure taken, low turnover rate, no reportable spills for the year in the Water Hauling Division, community outreach programs, and getting a nomination from their largest customer (Anadarko) set them apart.
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A-Z of finalists 3rd Annual
Jonah Energy LLC Jonah Energy is a growth oriented exploration and production company focused on acquiring and operating oil and gas properties located onshore in North America.
Katch Kan Katch Kan™ is based on a commitment to sustainable development, by protecting and preserving the land and water where the upstream oil and gas industry operates. The central achievements of Katch Kan™ are the Rig Safety System™ and Zero Spill System™. These innovative systems of technology work together to optimize the health and safety of those involved with upstream projects, drastically minimize pollution and enables oil and gas production to occur in a proactive ecoefficient manner.
Rocky Mountain
Kerr Pumps and FlowValve Kerr Pumps and FlowValve are located at the same manufacturing facility in Sulphur, Oklahoma. We serve a diverse industry with our standard and well service lines, including pumps that run from 11 to 2,800 horsepower. We also manufacture a full line of high pressure flow line equipment.
KLJ Since 1938, KLJ has provided multidisciplinary engineeringbased solutions for national, large-scale operations, with the local expertise to drive projects forward and deliver successful results. Our strong regional connections, in-depth local knowledge, responsive personal service and industry experience create strategic advantages for all clients.
Judge’s comments
This acquisition provides Jonah Energy with a world-class gas asset, with proven long reserve life and future drilling potential.
An impressive asset base, which includes 1,500 active wells and over 100,000 undeveloped acres.
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All of the entrants demonstrated most of the criteria listed for submittals to this category. What was unique about Katch Kan is they have been in the business of improving rig floor safety and clean operations since 1994. The technology they have developed is relatively simple to install and maintain. It has proven to be very cost-effective in applications on drilling rigs all over the world. Application of both the Rig Safety System and the Zero Spill System will make the rig floor a safer place to work and capture valuable drilling fluids for recycling and re-use in the mud system.
Kerr Pumps and FlowValve exemplify the American ability to innovate. The potential impact on the industry for their new product, having developed a new grade of steel, is remarkable.
To invent a new type of steel that lasts 62% longer is extremely impressive. Kerr Pumps Super Stainless™ fluid ends last up to 62% longer than 174PH stainless steel. This is a remarkable engineering feat that can create value and sustainability for hydraulic fracturing companies.
A large company with good vision working on strategic project to move industry, economy, and people’s lives forward.
KLJ have shown a clear commitment to the industry and the region. A significant player that enriches the communities it touches. Their technical and engineering capabilities are leading the way.
A-Z of finalists 3rd Annual
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Legacy Reserves LP Legacy is a master limited partnership headquartered in Midland, Texas, focused on the acquisition and development of oil and natural gas properties primarily located in the Permian Basin, MidContinent and Rocky Mountain regions of the United States.
Leistritz Advanced Technologies Corp. Leistritz offers a complete line of standard Multiphase Production Systems designed to address four specific Oil and Gas Field applications. Each MPS can reliably and economically boost production rates. Capitalizing on Leistritz’ Artificial Lift technology, our standard MPSs are designed specifically for Wellhead, Gathering, Liquid Blowdown and Liquid Unloading applications.
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Loenbro
LT Environmental, Inc.
Loenbro is an energy services /maintenance construction company providing successful project completion throughout the Rocky Mountain Region. Using the latest technology to bring our partners the results they expect, our services include singlesource solutions for pipeline construction, industrial construction, fabrication, industrial insulation, inspection services, and oilfield services.
LT Environmental Inc., founded in 1992, is a recognized consultant specializing in environmental compliance, engineering, remediation, and health and safety for the Oil & Gas Industry. LTE helps upstream, midstream, and retail clients throughout the Rocky Mountains and U.S. identify and eliminate environmental liabilities. We complete the project – No Excuses!
Judge’s comments
Great assets to strengthen Legacy’s current portfolio, with WPX being a world class Rockies operator and partner for Legacy.
The assets are long lived and provide Legacy with predictable production numbers and attractive economics due to WPX’s experience and infrastructure.
Leistritz is one of the leading screw pump manufacturers in the world.
Great safety record and best documentation of timely execution.
Screw pumps, and the innovations of their manufacturers, have helped to develop and change the industry. Using screw pumps enable producers to move heavier grades of crude. The multiphase pump is a crucial contributing element to the success of unconventional production.
As Loenbro mention in their write-up, they appear to be a singlesource solution for a variety of projects - from LNG plants to pipeline construction. At the same time, their commitment to safety, the environment and to their employees continues to be strong and growing.
LT has positively impacted the environment through their products and services offered and utilized extensively in the oil and gas industry.
Provided multiple examples of innovative renewable energy designs for clients that spanned across a variety of types of projects; methane gathering from seeps for fuel, wind turbines, solar power, water management, etc. (innovative and unique uses for different clients).
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Memorial Production Partners LP Memorial Production Partners LP is an upstream Master Limited Partnership (MLP) focused on the acquisition, production and development of oil and gas properties in the United States. Our properties consist of mature, legacy oil and natural gas reservoirs. Our primary business objective is to generate stable cash flows, allowing us to make quarterly cash distributions to our unitholders and, over time, to increase those quarterly cash distributions.
Northern Electric, Inc. Northern Electric, Inc. (NEI) is a full service electrical, special systems and instrumentation contractor primarily specializing in Industrial, Oil & Gas, Manufacturing, Institutional and Commercial projects. NEI’s unique competitive advantage revolves around it’s ability to perform fast-track electrical construction services for diverse projects in the United States.
Nuverra Environmental Solutions Nuverra Environmental Solutions, Inc. (NYSE: NES) is among the largest companies in the United States dedicated to providing comprehensive, fullcycle environmental solutions to customers focused on the development and ongoing production of oil and natural gas from shale formations.
Rocky Mountain
Oildex Oildex provides cloudbased document exchange and workflow solutions to over 7,900 companies and 130,000 registered users in the oil and gas industry. The Oildex suite of services streamlines operations enabling companies to shift from paper-based processes to electronic and provides tools for companies to track and understand their transactions in near-real time.
Judge’s comments
These assets have a very stable and long-lived production profile with really low decline rates and also low production costs.
This transaction expands Memorials presence in the Rockies, lowers risk through a more balanced liquids profile and represents an opportunity to acquire a very large resource base with low decline production, which should provide a stable cash flow stream for years to come.
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Good project work and safety record.
Charitable donations and a focus on completed projects have earned good scores in the category.
Nuverra has shown true innovation by developing a commercially sound solution to solid waste management that has true benefits to the environment. The testimonials locked up the vote for them.
Comprehensive submittal that met criteria and presents Nuverra as a leading environmental firm providing innovative solutions to the oil and gas industry.
The strategic alignment of Quorum and Oildex makes sense. The data exchange system will provide visibility and efficiency to understand gas plant revenue.
Teaming up with Quorum Business Solutions to develop and implement GPEX was an astute decision. GPEX will greatly improve data accuracy, reduce labor costs, facilitate gas plant accounting, and deliver information to Upstream and Midstream companies on a much timelier basis compared to previous industry processes. It is an innovative solution that brings gas plant management into the 21st Century.
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A-Z of finalists 3rd Annual
Rocky Mountain
®
Packers Plus
Pedigree Technologies
Pioneer Energy Services
RMT Trucking, Inc.
Packers Plus is the innovator of open hole, multi-stage completion systems and provides solutions for technically challenging applications in horizontal, vertical, multi-lateral, and high pressure/high temperature (HPHT) wells. The company has operations in Canada, the United States, and internationally to maintain an influential role in key markets.
The Pedigree Technologies OneView™ platform provides oil and gas companies with realtime visibility into their entire field operation and enables collaboration between office staff and remote workers. With one system, you can locate and manage valuable assets and heavy equipment, monitor bulk tanks, and dispatch crews with electronic work orders.
Pioneer Energy Services provides land contract drilling services and production services to independent and major oil and gas exploration and production companies. Production services include well servicing, wireline, and coiled tubing services. Pioneer operates in all major basins in the US and internationally in Colombia through its Drilling Services Segment.
RMT Trucking, Inc. is committed to excellence in delivering to the customer, and strives to be the best in the transportation industry. This includes excellent customer service, on time deliveries, communication and a safe working environment. Our long history working in the oil patch makes us a specialist in the oil and gas industry.
Judge’s comments
They have strived to be a leading supplier in their industry.
Good community giving, charitable donations and case studies. Packers Plus technology is of the highest quality, a company worthy of recognition in this category.
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Oil & Gas Awards 2015
Good development that saves money and improves data management. The emergency response benefits could be significant.
Pedigree’s adaptation of remote, mobile device accessible tank level measurement for tanker trucks is an innovative adaptation of an established technology. The technology not only provides continuous, accurate monitoring of tanker loads and location, but it adds the ability of immediate notification of an accident. This notification will greatly improve response time and minimize the environmental impact of potential spills.
Pioneer Energy Services have been doing great work across the US in the last year. Their range of services in support of their new rigs serve to meet their clients expectations and then supersede their expectations. Pioneer have been moving up the rankings.
Pioneer’s entry describes their “Live Safe” initiative to promote a culture of safety both at home and on the job across their organization. Pioneer’s adopting the “it can wait” campaign addresses a very current risk of accidents from talking or texting while driving. Pioneer drives personal commitment to safety as key to maintaining a culture where everyone watches out for each other’s safety.
Great testimonials from clients!
The testimonials in this submission earned the scores for RMT.
A-Z of finalists 3rd Annual
RockPile Energy Services, LLC RockPile Energy Services provides well completion services in the Rocky Mountain Region. We use innovation and technology to leave the smallest carbon footprint – period!
Rocky Mountain
Samuel Engineering, Inc. Samuel Engineering, Inc. is a Denver, Colorado based multidiscipline engineering, procurement and construction management (EPCM) company. We provide expert services at all stages of project development - from feasibility studies, to detail design, to construction, to commissioning. We help you achieve your project goals - We Provide Solutions!
Scientific Drilling International
SECURE Energy Services
Scientific Drilling is a global drilling service provider and the Ultimate Partner in Wellbore Placement. We are the only company to offer a complete navigation solution for the energy services sector that includes High Accuracy gyro Survey, MWD, LWD, MagTraC MWD Ranging™, and Cased Hole Solutions.
SECURE Energy Services is a leading North American energy services company that provides safe and innovative solutions to upstream oil and natural gas companies. Its three divisions help customers with their unique challenges at every stage of the oilfield life cycle while maintaining the highest level of environmental standards.
Judge’s comments
This company is a leader in production methods, efficiency and safety.
RockPile are an innovative and technology driven well completion firm. Although relatively young, they have shown a keenness and hunger to enrich the lives of their staff and their communities and adopt the latest environmentally sound practices.
Exemplary combination of quality engineering services, an established employee culture and community involvement.
A company that get’s it. Samuel delivers a best in class product while remembering that people - both the client and their own employees - are what is important.
Innovative and forward thinking. Their commitment and aggressive approach to technological development is commendable. Good use of case studies.
The average time for the TiTAN22 motor drilling the vertical, curve and lateral is impressive. The overall benefit to the client, not only saved time and money, but is stated to have set a record.
An excellent example of the wide variety of services SECURE provide. A one stop shop solution for multiple services.
SECURE provides a wide spectrum of energy services to the upstream industry filling a vital link in the chain with concentration in both disposal systems and fluids and solids equipment. Their disposal activities range from oilfield landfill for solids disposal to stand-alone water disposal facilities to NORM management (all of these are particularly difficult to handle from an environmental perspective, and thus, an especially sensitive component of drilling operations).
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A-Z of finalists
Spartan Engineering Spartan Engineering is a professional engineering firm serving the energy sector with QUALITY ENGINEERING, CUSTOMER SERVICE, VALUE and unbeatable RESULTS. Our professional, full-service engineering, construction management and GIS mapping services are provided throughout North America, Russia and the Middle East. Spartan’s corporate office is located in Tulsa, OK, with team members in Oklahoma City, OK, Denver, CO, and Minot, ND.
Summit Midstream STV/GWD Summit Midstream STV/GWD is an established and highly regarded Partners, LP (NYSE: SMLP) full-service provider of is a growth-oriented limited engineering, design, partnership focused on environmental, project owning and operating management and field strategically located services for the liquid midstream infrastructure petroleum, natural gas assets in unconventional processing, and pipeline resource basins, primarily transportation markets. shale formations, in North Our staff bring multidisciplined expertise to America. SMLP currently a wide range of energy provides primarily feeprojects. STV/GWD’s based natural gas gathering experienced staff has an services in the Marcellus in-depth knowledge of Shale, the Bakken Shale, plant operations, which the Barnett Shale, and the enhances communication Piceance Basin. SMLP and efficiency and gives us owns and operates 790 a big-picture perspective miles of pipeline and is to successfully develop innovative solutions for our headquartered in Dallas, TX. clients. Judge’s comments
Impressive track record of successful project execution in multiple basins.
A very impressive showing in HSE performance.
Good strategy for growth and key partnerships play a major role.
To complete the merger and continue to deliver high quality work that receives commendation by clients in the same year on numerous projects is indeed worthy of high praise.
Comprehensive submission that scores well on most of the key points of the criteria.
Great example case studies and a significant zero recordable incident rate. Spartan are well known and well respected in the industry.
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Tesoro Logistics LP Tesoro Logistics LP (NYSE: TLLP) is a leading full-service logistics company operating primarily in the Western and MidContinent regions of the United States. TLLP owns and operates a network of over 3,500 miles of crude oil, refined products and natural gas pipelines.
This deal goes another step to make Tesoro a leading full service integrated logistics company.
Not only a great acquisition of assets but a highly skilled and talented team from QEP.
A-Z of finalists 3rd Annual
Rocky Mountain
Themark Corporation Themark Corporation® proudly combines an ideology that reduces costs and complies with all industry environmental and safety regulations for drilling through to refining needs. Our signature product, the HydroPod™ is capable of treating processed water approved by the EPA for redistribution into natural water shed systems in some states.
3rd Annual
Rocky Mountain
Total Safety Total Safety is the world’s premier provider of integrated safety and compliance services and products including gas detection, respiratory protection, safety training, fire protection, compliance, inspection, industrial hygiene, onsite emergency medical, communications, engineered systems design, flare services and materials management. We operate from 144 locations in 22 countries to ensure the safe Wellbeing of Workers Worldwide (W3).
Trinidad Drilling
US Solids Control
Trinidad Drilling provides modern, reliable, expertly designed oil and gas drilling equipment operated by welltrained personnel. Our drilling fleet is one of the most adaptable, technologically advanced and competitive in the industry.
US Solids Control is a leading independent energy service company. Solids control is one of the most crucial jobs when drilling. For the best solids control we attract, develop and retain highly talented technicians who play key roles in taking the rig to the next level of ondemand performance.
Judge’s comments
The trilogy of solutions make the Themark Water Treatment Technology stand out. Scored highly on many of the key points of the criteria. A thorough and well-structured case for the Water Management Company of the Year Award.
Themark Corporation’s water management system provides innovative “pioneering” solutions to reduce water demand while allowing drilling to continue and, potentially, expand in areas where it may have not been feasible in the past. More focus will be placed on conserving/recycling water in the future and Themark’s work sounds like it is ahead of the game.
With increasing regulation and complicated compliance requirements within the industry, Total Safety are equipped to support and advise their clients on wide ranging matters at every opportunity.
The H2S safety-training scheme was a shrewd and timely introduction for the industry as a whole. The growth of the academies is testament to its success and its importance.
State of the art rig fleets and a commitment to HSE from the top of the company down. I would have liked to have discovered more about their efforts within the local community for the regions they operate in.
Innovative technologies and high performance rigs which are highly customized for clients’ specific needs is a clear benefit. The latest materials and means to transport them is also noteworthy. The implementation of natural gas powered engines is also important to the future development of the industry.
Comprehensive submission that intersperses data with testimonials and good information on the services they deliver.
US Solids control works in a very competitive portion of the industry. They have worked to differentiate themselves by providing excellent training to their field staff, which in turn, helps reduce their clients’ drilling fluids costs. As one reference put it; “A centrifuge is a centrifuge, it is the USSC techs that make the difference”. Their commitment to hiring Veterans also makes them stand out in this group.
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A-Z of finalists 3rd Annual
3rd Annual
Rocky Mountain
Rocky Mountain
Produce more. Spend less.
Vanguard Natural Resources, LLC We are a publicly traded limited liability company focused on the acquisition, production and development of mature, long-lived oil and natural gas properties. Our primary business objective is to generate stable cash flows allowing us to make monthly cash distributions to our unitholders, and over time to increase our monthly cash distributions.
Well Master Well Master Corporation (“Well Master”), based in Golden, CO and founded as a Colorado Company in 1984, designs and manufactures premium plunger lift systems for the oil & gas industry. Well Master focuses on optimizing oil & gas production by minimizing total cost of ownership and maximizing return on investment.
Whiting Petroleum Corporation Whiting Petroleum Corporation, a Delaware corporation, is an independent oil and gas company that acquires, exploits, develops and explores for crude oil, natural gas and natural gas liquids primarily in the Rocky Mountain, Permian Basin, Mid-Continent, Gulf Coast and Michigan regions of the United States. The Company’s largest projects are in the Bakken and Three Forks plays in North Dakota and its Enhanced Oil Recovery fields in Oklahoma and Texas.
Worthington Industries Worthington Industries is the leading global manufacturer of pressure cylinders and related products for industrial, alternative fuel, energy and consumer products markets. Our broad product line, including custom solutions for oil and gas storage, processing and transportation, serves every major U.S. shale region. Our global support team provides unsurpassed customer service with marketleading technical, product, and market expertise.
Judge’s comments
With an estimated reserve life of 16 years and approximately 389 Bcfe, this was a smart acquisition for Vanguard.
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Oil & Gas Awards 2015
Although serving the smallest niche market of the contestants, gas lift plunger equipment, Well Master Corp. distinguished themselves by their exceptional upgrading of the standard services of plunger lift to upstream gas producers. They were able to accomplish this through innovative new product development based on an R&D research plan that involves coordination of their in-house development team together with partnership with two world-class research universities. Such attention to product improvement for the customer base differentiated the company from the competition.
The upside potential for both companies is very strong, with also very clever tax planning for the Kodiak shareholders.
Not only have Whiting created the largest Bakken/ Three Forks production with over 107,000 BOEP/D, the efficiency benefits are impressive through complimentary acreage positions and the increase in the combined number of drilling locations.
A significant player in the industry and delivers highly customized products in a heavily regulated industry. Their customer support and latest acquisition sees Worthington well set to deliver patented technologies.
A great testimonial that supports Worthington Industries entry and the acquisition of Midstream Equipment Fabrication provides a platform to deliver patented horizontal heated and high pressure separators to separate oilfield fluids across their footprint in North America.
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Call for Entries
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