A frac tank is a large capacity steel tank that can store liquids or solids like petroleum products, chemicals, manure, saline water, and proppants. Frac tanks are used in all kinds of applications, and there are different variations of tanks.
America’s oil and gas trade is an important pillar of the nation’s economy. A sprawling behemoth of an industry. According to an API study, it contributed to over $1.3 trillion of the US economy, which equated to 7.6% of the national GDP in 2015. The oil and gas industry provided 10.3 million jobs and accounts for a labor income of around $713 billion.
Fracking or hydraulic fracturing has been in use for over 60 years and has been developed and refined over the years to help streamline the extraction and reduce the impact on the environment.
Spills at oil and gas sites are bad news. They can pose a significant risk to the team working on the site, contaminate the immediate environment, and even have the potential to create long-term health issues in the surrounding regions. That’s why the Environmental Protection Agency or EPA has strict regulations in place for oil and gas companies to follow. Part of these EPA regulations includes the use of secondary spill containment as part of the oil containment solution.
EPA fines for hazardous waste violation can go up to millions of dollars. Discover 10 common hazardous waste violations and how your business can avoid them.
Dewatering is the process of removing excess groundwater or surface water from a job site. It is typically the very first step in preparing a site for construction-based applications and is also carried out routinely in various other industries and applications such as in manufacturing, mining, pipeline, and disaster relief—to name a few.
Natural disasters like floods and accidents (chemical leaks, oil spills, or Volatile Organic Compound (VOC) contamination) can threaten environmental safety and infrastructure. Environmental remediation processes help separate pollutants and contaminants from the environment, making things safer for humans and animals.
Dewatering is gaining prominence as an industry and according to Global Market Insights, Inc., it is predicted that this industry will be valued globally at over $5 billion by 2025. In the United States alone, there is a predicted nine percent growth in the market size during this period. Key factors driving this business growth include changing liquid waste discharge standards with policies like the Clean Water Act (CWA), along with aging wastewater equipment and infrastructure, and depleting water resources.
It takes committed teams and careful planning to drive construction projects toward timely completion. There are many things that need to be taken care of when construction operations begin, such as dewatering.
On April 20th, the oil prices hit subzero (-$37.63 per barrel) in the United States for the first time in history. The global onshore oil storage hovered around 77% full in the same month. During these times, every player in the oil and gas industry is sitting on the same question: what does the future look like in the face of the COVID-19 pandemic, and what lies ahead.