Composite pipe maker Fiberspar to expand Rockies site

May 26, 2012 - United States Of America

Fiberspar Corporation, a Houston-based leader in composite, spoolable pipe for the oil and gas industry, has broken ground for a new sales and manufacturing center located in Johnstown, Colorado.

Fiberspar’s new 165,000 sq ft center will increase total capacity by over 50% and help drastically reduce lead time and transportation costs to serve the Bakken, Niobrara and the overall oil and gas market in the Rockies region.

“We’re extremely excited to expand our operations in Northern Colorado,” said Peter Quigley, Fiberspar’s Chief Executive Officer. This expansion into the Rockies is a reflection of continued industry acceptance of Fiberspar LinePipe as a lower installed and operating cost alternative to welded steel pipelines for in field gathering and injection applications. In addition to total installed costs savings of over 20% compared to welded steel, Fiberspar LinePipe does not corrode and installs in half the time, requiring fewer people and less equipment – all leading to a safer, more efficient and lower cost installation.

In the past 8 years, more than 50 million feet have been installed by over 450 oil and gas producers in North America, to tie in the production from over 15,000 producing oil and gas wells, making Fiberspar one of the fastest growing oil field service companies in North America. Fiberspar offers LinePipe in sizes from 2 1/2” to 6 1/2” with pressures ranging from 300 psi to 2,500 psi and temperature ranges from -29°F to 180°F.

Headquartered in Houston, Texas, Fiberspar Corporation designs and manufactures advanced spoolable composite pipeline products, marketed as LinePipe. Crude oil and natural gas producers use LinePipe in gathering systems, pipeline remediation, and disposal and injection applications. Fiberspar was the first to introduce spoolable composite pipe to the oilfield market. LinePipe is API 15 HR monogrammed and meets all US and Canadian industry regulatory standards and quality requirements, including ISO 9001.