The pilot hole assemblies were then tripped out to the west side of Lake Houston, making one continuous drill pipe string in the hole.
Crews drilled from both the east side and the west side of the lake simultaneously until both pilot bits were in the same hole. Laney used two custom built LDD-750 drilling rigs to drill the pilot hole using the intercept method. The total measured distance of the HDD crossing was 10,971 feet (2.1 miles) that included a 17.5 degree sidebend and reached depths of 120 feet. The pipe contractor was Sunland Construction of Eunice, LA. The replacement HDD crossing pipe was a 6-inch diameter steel pipe with a 0.432 wall thickness, coated with fusion-bonded epoxy and an abrasion resistant overlay. The project was initiated to replace the existing Kinder Morgan pipeline which parallels the FM 1960 bridge that crosses Lake Houston in northeast Harris County, TX. The reservoir is the secondary municipal water supply for the city of Houston after Lake Livingston. Lake Houston is a reservoir on the west fork of the San Jacinto River, 15 miles northeast of downtown Houston, TX. Tiger Finance is a division of Tiger Capital Group, which specializes in the provision of secured debt financing and equity investments, as well as comprehensive appraisals for the ABL industry and the disposition of consumer and industrial assets.Laney Directional Drilling Co., a leading provider of horizontal directional drilling services to the energy, telecommunications and infrastructure sectors, announced that it has successfully completed the horizontal directional drill (HDD) installation of nearly 11,000 feet of 6-inch steel gas pipeline in one pull under Lake Houston.
“They are well positioned for growth and this transaction is an excellent example of how Tiger’s understanding of the sector and assets provided the best structure to support that growth.” “Laney has all the in-house expertise needed to carry out the engineering, spec work and execution on highly specialized, complex infrastructure projects,” said Bob DeAngelis, Executive Managing Director at Tiger Finance. “Tiger recognized the potential in the sector for the foreseeable future and provided the necessary liquidity to meet the pending demand for our services.” “We are excited to partner with Tiger for the next phase of growth at Laney,” said Jim Katosic, Senior Vice President and Chief Financial Officer at Laney.
To date, Laney has completed 2,800 trenchless crossings and more than 1,000 miles of trenchless pipeline installations. The company specializes in Horizontal Directional Drilling, a trenchless method of installing pipelines and conduits, as well as the Direct Pipe Method®, which is ideal for crossings under levees and environmentally sensitive areas, as well as for outfall or shore approach applications. “After decades in the oil and gas sector, Laney Directional Drilling expanded its focus to assisting owners, contractors, municipalities, project developers and engineers with long, complex and challenging trenchless crossings on infrastructure projects in the power, wind and water sectors,” he noted. The transaction, which closed on December 27, comes at a time of increased demand for Laney’s specialized services, said David Kennedy, Senior Associate, Tiger Finance. Tiger Finance closed on a $13.75 million term loan for Waller, Texas-based Laney Directional Drilling-a full-service trenchless construction and engineering firm known for its highly complex drilling operations on major infrastructure projects. Tiger Finance Provides $13.75MM Credit Facility to Laney Directional Drilling
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