W&W Energy Services (W&W), a Petrofac company specialized in pipeline, production and infrastructure services to energy producers in the Permian Basin, is helping its customers improve safety, simplify operations and reduce costs by up to 40% with its Knuckle Boom Crane Truck.
The Knuckle Boom Truck is a 2019 Kenworth K900 Tractor with an integrated Palfinger 110002 high-performance hydraulic knuckle boom crane, capable of hauling, lifting and setting large tanks and oilfield equipment. It can lift up to 12 tons at a range of 24 ft and 3 tons at a range of 73 ft and can manage all sizes of spoolable pipe reels, 1,000-barrel tanks, and vessels.
The integrated truck and crane reduces the time and cost associated with conventional crane movement methods, allowing for streamlined pickup, delivery and drop-off of loads across the region, without the need for expensive and time- consuming third-party crane, crew and truck services.
“We invested in the large Knuckle Boom Crane Truck last year and its game-changing technology is helping customers enhance safety by reducing excessive manpower and simultaneous operation risks. The truck improves performance by combining hauling, lifting, and setting functions and electronic controls ensure precise placement. The truck enables haul, lift, and set costs to be significantly reduced by up to 40%,” Jason Waters, president at W&W, said.
Recommended Reading
Matador Resources Credit Facility Upped by 30% to $3.25B
2024-12-04 - Matador Resources’ 19 lenders unanimously approved a 30% increase to the E&Ps borrowing base to $3.25 billion.
BP Profit Falls On Weak Oil Prices, May Slow Share Buybacks
2024-10-30 - Despite a drop in profit due to weak oil prices, BP reported strong results from its U.S. shale segment and new momentum in the Gulf of Mexico.
Twenty Years Ago, Range Jumpstarted the Marcellus Boom
2024-11-06 - Range Resources launched the Appalachia shale rush, and rising domestic power and LNG demand can trigger it to boom again.
Artificial Lift Firm Flowco Seeks ~$2B Valuation with IPO
2025-01-07 - U.S. artificial lift services provider Flowco Holdings is planning an IPO that could value the company at about $2 billion, according to regulatory filings.
Exxon, Chevron Beat 3Q Estimates, Output Boosts Results
2024-11-01 - Oil giants Chevron and Exxon Mobil reported mixed results for the third quarter, with both companies surpassing Wall Street expectations despite facing different challenges.