Oil Country Tubular Goods (OCTG) are essential in shale and fracking applications
These are oil deposit formations spreading across Montana and North Dakota in the U.S. as well as some parts of Saskatchewan as well as Manitoba.
The estimation is that several billion barrels of oil could be extracted from what is known as Bakken Shale. Additionally, natural gas is contained within the Bakken formation as well making it one of the formations that fracking has helped be very successful.
Located in North Texas, Barnett Shale is predominantly a natural gas source though it does contain oil. According to Seeking Alpha, this particular shale is responsible for the reestablishment of the natural gas business in Asia, Europe North America.
Barnett Shale formation covers 5,000 mi² (13,000 km²) including lying directly under Fort Worth and at least 17 surrounding counties.
Eagle Ford Shale
This deposit of natural gas and oil underlies the substantial part of south Texas. It has been reported by oilshalegas.com that Eagle Ford Shale is among the most actively drilled oil and gas sites in the United States. Quality Oil Country Tubular Goods (OCTG) must be regularly supplied for quantity of drilling being conducted.
The U.S. Energy Information Administration (EIA) reports indicate that, unlike many other formations, Eagle Ford is targeted by operators with dual focuses both crude oil and natural gas liquids. Fracking is the typical method now used to drill the formation. Quality Oil Country Tubular Goods (OCTG) are depended upon for safety.
East Texas, in conjunction with Southwest Arkansas and North Louisiana, house this deposit of natural gas known to be greater than 10,000 feet below the surface of the earth, per the Louisiana Department of Natural Resources (DNR).
The DNR has explained that the formation was considered, at one time, much too costly to even explore. However, referring to fracking, the DNR has stated “rising energy costs and newer technology and processes have changed that.” Oil Country Tubular Goods (OCTG) play a vital role to that change as safety is a contributor to the ability to increase drilling the formation.
Spreading under the Appalachian Basin across Kentucky, Maryland, New York, Ohio, Pennsylvania, Tennessee, West Virginia, Virginia and Kentucky – the EIA conveys that the formation contains approximately 410 trillion cubic feet of shale gas with great expansions in process.
Shale drilling has already had great impacts in the oil and gas industry; and, especially with great expansions in progress like the ones regarding Marcellus Shale, quality Oil Country Tubular Goods (OCTG) will continue to be significantly in-demand.
Essentra Pipe Protection Technologies and Oil Country Tubular Goods (OCTG)
To become the global leader in Oil Country Tubular Goods, Essentra Pipe Protection Technologies has worked hard. And, we work hard to maintain our Oil Country Tubular Goods global leadership role evidenced in many ways, including our credentials such as ISO certifications.