Loadcraft Industries was among the exhibitors attending the DUG Bakken and Niobrara Conference in Denver, Colorado during May 29-31, 2013 -- (booth #714). They featured their Mobile San Silos, Water Silos, and the new 550 HP Six Axle Carrier which includes an environmentally friendly cold weather package specifically designed for servicing of the Bakken shale. —
Hart Energy launched the DUG brand in 1986. DUG is a series of conferences focused on the industry's business challenges and opportunities in identifying and developing unconventional resources. Originally "DUG" meant developing unconventional gas — but with the discovery of oil in unconventional formations and the application of unconventional drilling and completion techniques to legacy reservoirs, the DUG brand evolved to mean developing "unconventionals" in the broadest sense. Loadcraft sand silos are a response to the increase in unconventional extraction.
“It was a very informative conference covering the Bakken Shale in detail. With the captured audience focusing on the Bakken, it was a perfect opportunity for Loadcraft to showcase our new Six Axle 550 HP [insert url to press release on this workover rig] Workover Rig. The rig features a cold weather package engineered and manufactured towards the Bakken environment. The response was positive with promising inquiries," said Steve Lara, Loadcraft Industries Marketing Director.
The Bakken formation, a rock unit from the Late Devonian to Early Mississippian age occupying about 200,000 square miles (520,000 km2) of the subsurface of the Williston Basin, underlying parts of Montana, North Dakota, and Saskatchewan was initially described by geologist J.W. Nordquist in 1953. The formation is entirely in the subsurface, and has no surface outcrop. It is named after Henry Bakken, a farmer in Tioga, North Dakota who owned the land where the formation was initially discovered, in a boring for oil. New rock fracturing technology available starting in 2008 has caused a recent boom in Bakken production. By the end of 2010 oil production rates had reached 458,000 barrels (72,800 m3) per day outstripping the capacity to ship oil out of the Bakken.
The conference was where leading oil and gas operating company executives, expert geoscientists, and energy economists shared the latest perspectives of the best practices for drilling and completions, and examine common midstream challenges among the oil and liquid rich resources found throughout the Rocky Mountain region.
Lara continued "it was not just the right combination of those attending, but great networking among the other exhibitors. It’s a benefit to have the variety of people representing or participating in the Bakken all around you where you can “put your ear to the ground’, so to speak, and get the feel for the activity in the Bakken."
To view the agenda of the conference, can find it here. http://www.dugbakken.com/confagenda-dug-bakken
About Loadcraft Industries
Loadcraft Industries manufactures mobile sand silos, water silos, heavy haul trailers, concrete batch plants and other specialty construction equipment. They offer parts and accessories for new and older plants. Loadcraft Industries is establishing itself in both domestic and international markets. From the San Juan Basin in New Mexico to the deserts of Oman, Loadcraft is supplying the global market with production rigs up to 1500 horsepower, work-over rigs to manage any size oil well, customized substructures, an assortment of welded structural trailers to meet all transporting needs. Their parts and Field Service Division is always on call, ready to get their clients back to working and making money 24/7, 365 days a year.
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