Join The Discussion

 

Group buys former Armour meatpacking site in Stockyards

The 16.8-acre site of the historic, former Armour meatpacking plant in Fort Worth’s Stockyards has changed hands, and its new owners aren’t saying anything about their plans. Chesapeake Land Development Co., which bought the site

read more >

Hulen Pointe Shopping Center sold

Hulen Pointe Shopping Center, located in southwest Fort Worth on South Hulen Street one mile south of Hulen Mall, has been purchased by Addison-based Bo Avery with TriMarsh Properties for an undisclosed price.

read more >

Dallas-Fort Worth in top five commercial real estate markets in 2015

According to the Emerging Trends in Real Estate 2015 report, just co-published by PwC US and the Urban Land Institute (ULI), Dallas-Fort Worth ranks No. 5, with two other Texas cities, Houston and Austin ranking at No. 1 and 2 respectively. San Francisco ranks No. 3 and Denver No. 4.

read more >

Social House Fort Worth plans to open mid-November

Social House has leased 5,045 square feet at 2801-2873 W Seventh St. in Fort Worth, according to Xceligent Inc.

read more >

Fort Worth temporarily stops issuing new home permits in TCU area

The moratorium will give a committee and the City Council time to review a proposed overlay that will pare the number of permissible unrelated adults living in the same house.

read more >

Weir, Rolls-Royce unit to develop fracking technology
A. Lee Graham

Reporter

Weir Oil & Gas and the Rolls-Royce Power Systems company MTU have signed an agreement to develop a power system specifically engineered for hydraulic fracturing, the leading process used in oil and natural gas drilling.

“Our teams are working to develop fully integrated purpose-built power systems for fracking,” said Steve Noon, Weir’s divisional managing director, commenting in a news release.

“It is something the industry has asked for and we are determined to deliver,” Noon said.

Weir manufacturers hydraulic fracturing pumps, and MTU is specializes in heavy-duty industrial diesel engines.

The power system will be used for hydraulic fracking operations during the well completion stage of shale oil and gas projects.

The agreement was announced on Wednesday May 7 at the Offshore Technology Conference in Houston, with the fully integrated power system expected to be available to customers in mid-2015.

The agreement outlines the companies’ plans to work together in addressing market need for more reliable and continuous duty equipment. A team of engineers is concentrating on optimizing the interface of the three most critical components – the engine, transmission and fracturing pump – to truly work as one system. Further, the complete packaged power system will utilize smart controls that provide conditioned monitoring and optimized performance for the operator.

Dr. Michael Haidinger, chief sales officer of Rolls-Royce Power Systems, said both companies have a long history of producing and supporting reliable and safe products specifically for use in harsh fracturing environments.

“Together, we are taking a completely integrated approach to designing a pumping power system that addresses the challenges faced by frack site operators,” Haidinger said.

Weir Oil & Gas, a division of The Weir Group PLC, supplies pressure-pumping equipment to the North American upstream oil and gas market. It also provides products and service solutions to oil and gas customers in production, transportation, refining and related industries.

MTU, a brand of Rolls-Royce Power Systems AG, manufacturers high-speed engines and propulsion systems provide power for marine, rail, power generation, oil and gas, agriculture, mining, construction and industrial, and defense applications.

lgraham@bizpress.net

 

 

 

< back

Email   email
hide
Ebola
How worried are you about Ebola spreading?