Enterprise Oilfield Group Inc (E)

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Enterprise Oilfield Group Inc.’s (TSX: E) Small Diameter Pipeline Construction Services

Enterprise Oilfield provides pipeline construction services, in addition to its utility infrastructure and directional drilling business. The company primarily focuses on the construction of small to medium diameter pipeline on steel gathering systems up to 12” in diameter, and related oilfield maintenance services to the energy services industry.

Services offered by Enterprise Oilfield include pipeline construction, repairs and maintenance, wellhead tie-ins, water injection lines, facilities construction and maintenance, oilfield hauling, CO2 injection, road & lease construction, site construction for drilling, and much more. According to the company, its major projects are weighted more in oil than in gas projects.

E&P companies award contracts to pipeline builders primarily based on their past performance and bidding prices. The price of building a small diameter pipeline is mainly determined by the pipeline’s length. Enterprise Oilfield has attracted orders from well known blue chips in the oil and gas industry such as such as Devon (NYSE: DVN), Canadian Natural (NYSE: CNQ), EnCana (NYSE: ECA), Apache (NYSE: APA), ConocoPhillips (NYSE: COP), and Penn West Energy Trust (NYSE: PWE).