Production from natural gas and liquids rich shale plays in the United States is booming. In the past five years alone, shale gas reserves have increased tenfold to 25 Bcf/d. Similarly, tight oil production has risen to 1.8 MMbcf/d, more than 600% over that same period . This prolific growth trend has created a dramatic need for infrastructure improvements, including transport via pipeline from the wellhead to processing facilities and beyond.
Because industrial valves have existed since the dawn of the industrial revolution, the industry can be perceived as mature, traditional and resistant to change. Those of us in the industry know we have played a vital role in global development and evolve dynamically to adapt to industry’s needs. In fact, without innovations from valve suppliers, much of the world’s infrastructure could not exist, and access to essential natural resources would be impossible.