Roughneck Mag

Tag: Propane Industry

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Propane News

MaXfield Group Acquired by TerraVest Capital Inc. On February 5, 2018 TerraVest Capital Inc. acquired all issued and outstanding shares of MaXfield Group Inc., a Calgary-based manufacturer of processing, storage, and transportation equipment for propane, anhydrous ammonia, and oil and gas markets. The acquisition cost $21.0 MM and is subject to a working capital adjustment….

The Role of NGLs in the American Petrochemical Boom
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The Role of NGLs in the American Petrochemical Boom

The U.S. domestic natural gas production has experienced an unprecedented increase during the past 10 years. This was mainly attributable to ongoing advancements in drilling and producing technologies, such as hydraulic fracturing and horizontal drilling, coupled with access to prolific shale plays. In just a decade, production grew to more than 26.4 tcf (trillion cubic…

Gas Alumni 2017 Report
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Gas Alumni 2017 Report

By Howard C Smith, , P. Eng, GPAC GAS alumni representative The primary role of the GAS alumni representative on the GPAC Board is to act as the interface between the board, the Association, alumni members, and past presidents.  It is currently a non-voting position although this is due to change to full “director status.”…