2 New Mexico Counties Among Top Oil Producers

Manufacturing.net | May 20, 2019

2 New Mexico Counties Among Top Oil Producers
Two New Mexico counties remain among the top oil-producing counties in the U.S., according to new federal numbers. Data from the U.S. Energy Information Administration shows that Lea County was the No. 2 oil-producing county in January behind North Dakota's McKenzie County, The Hobbs News-Sun reported. Lea County produced 14.6 million barrels of oil in January while McKenzie County which produced 17.3 million barrels, the report said.
Lea County had more than twice the number of operating rigs as McKenzie County. Steve Vierck, the outgoing CEO and president of the Economic Development Corporation of Lea County, was pleased to hear the news. Our production has roughly tripled in the last five years, Vierck said. The county produces over half the state's oil and the state is No. 3. It really reflects not only how much oil production there is, but how much growth there has been in oil production to move up the chart as fast as Lea County has.

Spotlight

Factories rely on a number of technology suppliers and partners. When these systems work together, manufacturers can experience significant benefits. Connected assembly tools and controllers are one part of this essential digital ecosystem. Industrial networks use programmable logic controller (PLC) platforms to connect and communicate with equipment, machines, and tools.

Spotlight

Factories rely on a number of technology suppliers and partners. When these systems work together, manufacturers can experience significant benefits. Connected assembly tools and controllers are one part of this essential digital ecosystem. Industrial networks use programmable logic controller (PLC) platforms to connect and communicate with equipment, machines, and tools.

Related News

MANUFACTURING TECHNOLOGY

Stratasys Partners With ECCO to Innovate Footwear Manufacturing Using 3D Printing Technology

Stratasys Ltd | November 25, 2021

Stratasys Ltd. a leader in polymer 3D printing solutions, today announced that Danish shoe manufacturer ECCO is using Stratasys Origin One 3D printing technology to accelerate product development, allowing conceptual footwear samples to be reviewed early in the development cycle using 3D printed molds and lasts (mechanical forms shaped like a foot) with resin materials from Henkel Loctite. Shoemaking is an incredibly manual process, but ECCO has worked to integrate innovative technologies into their shoemaking, allowing for increased automation and a more streamlined development process. One such innovation has been the Direct Injection Process (DIP). This process has given ECCO numerous benefits including an efficient and reliable method of securing the upper part of the shoe to the midsole. To help further innovate shoemaking and the DIP, ECCO turned to additive manufacturing with the Origin One 3D printer using Stratasys’ proprietary P3™ technology. ECCO is using the printers in their Portugal and Denmark development facilities to 3D print molds and shoe lasts for development purposes that match the quality requirements of their CNC-machined aluminum counterparts. The molds and lasts, printed from a photopolymer from Henkel Loctite, are faster to produce, and the new process costs significantly less than CNC machining aluminum. “Our innovative approach to footwear development and desire to put customer experience as a priority made additive manufacturing a logical next step in the evolution of our development process,” says Vice President of Research and Development at ECCO, Jakob Møller Hansen. “In our search to find the right partner, we tested a variety of 3D printers for surface quality, print speed, and accuracy. Among the printers we tested, the Stratasys Origin One was the 3D printer that best met our stringent requirements.” “ECCO's case is a great example of how the footwear industry is embracing additive manufacturing for functional shoe parts, which goes beyond typical applications like sport shoe cushioning,We were able to collaborate with ECCO to provide a solution that allowed them to further innovate their processes and produce a quicker development workflow.” Chris Prucha, CTO of Production P3 for Stratasys and a co-founder of Origin Stratasys partnered with materials providers to test a variety of resins that would meet ECCO’s needs, choosing a formulation from Henkel’s Loctite 3D Printing that was formulated to meet the specific requirements of the DIP process. The combination of Stratasys Origin One 3D printing technology and custom Henkel materials has given ECCO the ability to create shoe molds that endure thousands of shots with zero visible degradation. Further, the quality of the shoe produced using additive manufacturing technology is on par with those produced using traditional CNC machined aluminum molds. “Together with ECCO and Stratasys, we are on a journey to reshape the elements of footwear manufacturing with Loctite’s material innovation capabilities,” said Cindy Deekitwong, Global Head of Marketing, Henkel Adhesives’ Incubator Businesses. “With our ecosystem of partners in the market space, we are at the forefront of scaling additive manufacturing to its fullest.” By 3D printing the DIP molds instead of machining them, a single pair of mold inserts can be printed overnight, significantly more cost-efficient than that of an in-house CNC machined pair of molds. This enables designers and developers to test functional shoes earlier in the development cycle, allowing product teams to confirm the fit and comfort of new styles. Further, branded customers can more easily place real production shoes, in more varieties, in the hands of their potential customers for feedback and pre-sale opportunities earlier in the shoemaking process. Finally, ECCO can now quickly produce mold inserts at the location that needs them, eliminating the need to ship heavy metal molds, reducing costs, and minimizing the risk of shipping delays or tariffs. For the wider footwear industry that want to take advantage of 3D printed DIP tooling, ECCO has several flexible routes to market with the ability to assist with every aspect of footwear manufacturing and mold making including engineering, part production, or licensing of IP. About ECCO ECCO is one of the world’s leading shoe brands, combining style and comfort. ECCO’s success is built on top-quality leathers and innovative technology. ECCO is a highly responsible company that owns and manages every aspect of the value chain from leather and shoe manufacturing to wholesale and retail activities. ECCO’s products are sold in 89 countries from over 2,180 ECCO shops and more than 14,000 sales points. Founded in Denmark, ECCO is family-owned and has been moving people since 1963. Henkel operates globally with a well-balanced and diversified portfolio. The company holds leading positions with its three business units in both industrial and consumer businesses thanks to strong brands, innovations, and technologies. Henkel Adhesive Technologies is the global leader in the adhesives market – across all industry segments worldwide. In its Laundry & Home Care and Beauty Care businesses, Henkel holds leading positions in many markets and categories around the world. Founded in 1876, Henkel looks back on more than 140 years of success. Stratasys is leading the global shift to additive manufacturing with innovative 3D printing solutions for industries such as aerospace, automotive, consumer products and healthcare. Through smart and connected 3D printers, polymer materials, a software ecosystem, and parts on demand, Stratasys solutions deliver competitive advantages at every stage in the product value chain. The world’s leading organizations turn to Stratasys to transform product design, bring agility to manufacturing and supply chains, and improve patient care.

Read More

INNOVATION

QuantumScape and Fluence to Collaborate on Solid-State Lithium-Metal Technology for Stationary Storage

QuantumScape | January 17, 2022

On January 13, QuantumScape Corporation and Fluence Energy Inc. announced a multi-year deal to bring solid-state lithium-metal battery technology to stationary energy storage applications. The strategic alliance brings together two technological innovators committed to increasing sustainable energy use and decreasing global carbon emissions. The businesses will work on what they consider to be a first-of-its-kind solution for integrating QuantumScape's battery technology into Fluence stationary energy storage devices, subject to the achievement of specific technical and commercial objectives. Stationary energy storage installations are expected to increase by more than 2,000 percent between 2020 and 2030, creating a $385 billion* global business opportunity. The move to cleaner energy systems will require cost-effective technologies that improve energy stability and grid resilience and demand management that better covers gaps and prevents blackouts. As a pioneer in stationary storage, Fluence has constantly pioneered new uses for battery-based storage on the electric grid, ranging from peaker plant replacement to transmission network enhancement. QuantumScape's solid-state lithium-metal technology has the potential to improve these solutions by providing higher energy-density battery cells that can store more energy in less space than the top lithium-ion batteries on the market today. "Fluence and QuantumScape share the same mission of reducing global greenhouse gas emissions through innovation and adoption of energy storage technologies, so our collaboration is a natural fit, While we have historically focused on automotive applications, we believe our battery technology is broadly applicable and can play a role in other sectors contributing to a lower-carbon future." -Jagdeep Singh, co-founder, and CEO of QuantumScape. We are delighted to work with QuantumScape to bring the benefits of solid-state lithium-metal batteries to the stationary storage space," said Manuel Perez Dubuc, CEO of Fluence. "As the team that invented battery-based energy storage on electric grids, it's no surprise that Fluence is working with QuantumScape, the clear leader in the solid-state battery space, to bring its innovation to the power grid. Fluence’s technology-agnostic platform is also particularly suited to early adoption of next-gen technologies like this that have the potential to increase the adoption of stationary storage. Along with the deal, the firms will collaborate to evaluate and test QuantumScape solid-state battery cells for usage in Fluence's patented stationary storage devices. The firms anticipate that the partnership will result in signing a large-scale supply deal. About QuantumScape It is on a mission to transform energy storage and pave the way for a more sustainable future. The Fluence connection is the company's first non-automotive deal. In addition, QuantumScape announced three collaborations with major global automakers, including the Volkswagen Group. QuantumScape has also announced numerous key technological improvements over the previous six months, generating greater interest from vehicle manufacturers and other businesses seeking high-performance next-generation energy storage. *There is information in this news release that is "forward-looking" under Section 27A of the Securities Act and Section 21E of the Securities Exchange Act. They contain significant risks and uncertainties that might cause actual results to differ considerably from those anticipated.

Read More

Fujitsu's Supercomputer Contributes to Canon's No-Prototype Development Initiative in Manufacturing

Fujitsu | September 24, 2020

Fujitsu Limited today announced that it has received an order for a new supercomputer system from Canon Inc. The system consists of a Fujitsu Supercomputer PRIMEHPC FX1000(1) unit, which harnesses top-class technology from the world's fastest supercomputer, Fugaku, which was jointly developed by RIKEN and Fujitsu. The new supercomputer will achieve an expected theoretical computational performance of 648.8 teraflops. Upon completion, the supercomputer will play a key role in contributing to Canon's initiative of "no-prototype" product development(3), delivering enhanced capabilities and scope of applicability of analysis in Canon's product development process. This system is planned to begin operations in the first half of 2021.

Read More