RIGS IN NORTH AMERICA

Essentra Pipe Protection Technologies and its globally renowned manufacturing of high quality OCTG applications are headquartered on the content of North America. Essentra has a strong and leading physical presence the North American countries of Canada and the United States (as well as Mexico and Scotland) with main operations being located in Houston, Texas.

OCTG stands for Oil Country Tubular Goods which is a family of several types of pipes and tubes that are required to meet the standards of the American Petroleum Institute (API).

There are mainly three types of OCTG tubes being utilized globally, all of which are seamless and all of which Essentra is the world leader in production and quality:

  • OCTG drill pipe is heavy tubing utilized in drill strings for the purpose of rotating the drill bit as well as circulating the drilling fluid
  • OCTG casing pipe is pipe utilized as a lining in the drill hole
  • OCTG tubing is utilized to transport the oil or gas that is produced in the wellbore

The United States, China and Russia are currently the three largest consumers of seamless OCTG products in the world; however Latin American markets such as Brazil as well as Western African markets are gaining ground in their long-term potential for adding to the global OTCG demand.

The global oil and gas industry and market is comprised of a deep and rich web of relationships and interdependence as well as a deep and ancient history. When the first commercial offshore oil well was drilled by a mobile rig completely out of sight of land on October 4, 1947, few acknowledged unique aspects or potential of operation being done in the 14’ waters in the open Gulf of Mexico known as the Ship Shoal Area off the coast of southeastern Louisiana.

The event, however, is now recognized as a crucial one in the history of the oil and gas industry as it definitely created an entirely new phase of finding and producing both crude oil and natural gas. The all-new drilling horizons that have arisen as a result have been made possible by the introduction and development of OCTG products (the common term for Oil Country Tubular Goods).

By the early 1960s, offshore oil rig development had extended the industry’s water depth drilling capability to an average of close to 1,000 ft. And, while technique and technology has progressed exponentially, a constant has been that the offshore drilling industry’s ability to successfully drill in increasing depths of water has almost always exceeded its capacity of production from the discovered wells. Another constant is the simple fact that fixed platforms have remained important to production facilities after more than 60 years.

The significant growth in exploration and production capabilities, career opportunities, and demand for OCTG applications has been largely spawned by the deep water exploration and production of oil and gas which is recognized as a colossal and distinctive branch of the oil and gas industry.