Saturday, July 4, 2015

Top 5 Oil Stocks To Buy Right Now

Top 5 Oil Stocks To Buy Right Now: CSI Compressco LP (CCLP)

CSI Compressco LP, formerly Compressco Partners, L.P., incorporated on October 31, 2008, is a provider of wellhead compression-based production enhancement services (production enhancement services). The Company provides its services to a base of natural gas and oil exploration and production companies operating throughout many of the onshore producing regions of the United States, as well as in Canada and Mexico. Its production enhancement services primarily consist of wellhead compression, related liquids separation, gas metering, and vapor recovery services. It also provides ongoing well monitoring services, and, in Mexico, automated sand separation services in connection with its primary production enhancement services. It design and manufacture most of the compressor units it use to provide its production enhancement services. Compressco Partners GP, Inc. is the general partner of the Company.

GasJack unit fleet

The Company's GasJack unit a llows it to perform compression, liquids separation and optional gas metering services all from one skid. The Company focuses on the natural gas wells in its operating regions that produce between 30,000 and 300, 000 million cubic feet of natural gas per day (Mcf/d) and less than 50 barrels of water per day.

The Company utilize its natural gas powered GasJack compressors, or GasJack units, to provide wellhead compression services. Its GasJack units increase gas production by reducing surface pressure, which allows wellbore fluids that would normally block gas flow to produce up the well. The 46-horsepower GasJack unit is an integrated power/compressor unit equipped with an industrial 460-cubic inch, V-8 engine that uses natural gas from the well to power one bank of cylinders that, in turn, powers the other bank of cylinders, which provide compression.

VJac! k unit fleet

The Company utilizes its electric VJack compressors, or VJack units, to provide its production enhancement services on wells loc! ated in larger, mature oil fields, such as the Permian Basin in West Texas and New Mexico, and in environmentally sensitive markets, such as California, when electric power is available at the production site. Its VJack unit is designed for vapor recovery applications (to capture natural gas vapors emitting from closed storage tanks after production and to reduce storage tank pressures) and backside pumping applications on oil wells (to reduce pressures caused by casing head gas in oil wells with pumping units). Based on GasJack unit technology, the VJack unit is capable of full wellbore stream production, and can handle up to 50 barrels per day of liquids on a standard skid package.

The Company's GasJack and VJack compressor units are mounted on steel skids. ePumper system Utilizing its ePumper system, SCADA satellite telemetry-based reporting system, it remotely monitor in real time, whether its services are being continuously provided at each well site. The ePumper system improves the response time of its field personnel.

Well Monitoring and Automated Sand Separation Services

The Company also provides ongoing well monitoring services and, in Mexico, automated sand separation services. Its well monitoring services consist of ongoing testing and evaluation of wells to determine how its wellhead compression services are optimizing the production from a well.

The Company utilizes well-testing equipment to gather well data that its personnel analyze to determine the expected production uplift that may be achieved by the provision of its wellhead compression services on the well, as well as to determine the optimal way to utilize its wellhead compression services to provide for maximum production uplift. These services allow well operators to make informed decisions about how to maximize the pro! duction f! rom a well.

Advisors' Opinion:
  • [By John Udovich]

    Although oil prices ended the year at multi year lows, now would be the time to take a closer look at small cap gas compression or enhanced oil recovery (EOR) stocks like Usa Compression Partners LP (NYSE: USAC), CSI Compressco LP (NASDAQ: CCLP) and Propell Technologies Group Inc (OTCBB: PROP) before oil and gas prices inevitably rise again. To begin with, natural gas compression services are used to transport natural gas and specifically to get natural gas from low-pressure wells into gathering systems, storage and processing facilities as well as to maintain production as reservoir pressure declines. Compression services are also used to extract gas from unconventional natural gas sources like shale plays. Meanwhile, so-called enhanced oil recovery or EOR is just a generic term for the techniques used for increasing the amount of crude oil that can be extracted from an oil field with potential methods including steam flood and water flood injection or hydraulic f racturing (so-called fracking). Naturally, demand for compression services and EOR technologies would be impacted by oil and gas commodity prices.

  • source from Top Stocks For 2015:http://www.topstocksblog.com/top-5-oil-stocks-to-buy-right-now-2.html

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