Tag Archives: OCTG

Common Misconceptions About OCTG Products

OCTG products include more than just pipe, although they are by far the most common form of (OCTG) oil country tubular goods equipment used. OCTGs also include the array of pipe accessories that are used along with the pipe, such as pipe protectors and pipe chocks for example. While most companies understand what these products are, there are still many misconceptions about them, as well as how they are properly applied in the oilfield and offshore. Some of the common misconceptions, as well as the truth about OCTG products are listed below.

Misconception: Drill Pipe Protectors are Expensive and Not Worth the Cost

Truth — Thread protectors ultimately help save money on operational costs by helping reduce the costs associated with routine maintenance and company equipment repairs. They also reduce the risk of injury by keeping threads in excellent shape so they don’t suffer from excessive wear. Drill pipe thread protection is extremely important in many cases, as it ensures pipe protection even in harsh climates.

Misconception: Line Pipe Protectors Just Protect Pipes

TruthLine pipe protectors do more than just protect company pipes from damage. They also protect what is flowing through the pipe. This is crucial when water meant for human consumption goes through pipe, but might be important in other areas as well. They were designed to help prevent contamination, and can be used once pipe is in place to also protect what’s inside the pipe.

Misconception: Bumper Rings Aren’t Needed

Truth — It’s never a good idea to try and save money at the cost of pipe protection. Bumper rings, for example are great OCTG products used to protect pipes from bumping into each other during storage and transportation, and they ensure that pipes will not be damaged. This always saves money for companies in the long run, by reducing the chance of pipe becoming damaged and needing to be replaced.

Misconception: Chocks are Just Needed for Storage

Truth – Pipe chocks are just as important when it comes to moving pipes as they are for storing them. Pipe chocks from API standard companies like Essentra, keep loads from shifting during transportation and general pipe transit, which can help prevent serious and deadly accidents in the process. Ultimately, the use of chocks is essential to saving company oilfield equipment investments, as well as from lawsuits and various expenses associated with catastrophic transport accidents, be it on the road, or during operations.

Misconception: All OCTG Products are the Same

Truth — Just like any product, the manufacturing techniques used during production, as well as the materials used for production, make a huge difference in the quality. Companies needing OCTG products will want to make sure they choose a manufacturer that has high standards for their products and that always strives to create stronger, more durable products.

When your company needs OCTG products, be sure to get the best quality accessories available. Be sure to consider Essentra Pipe Protection Technologies. We always have the high-quality products and services you’re looking for. As an API standard leader and a global provider of OCTGs and other pipe protection accessories, we make it easy to meet your ordering needs. Feel free to request a quote online, or call us toll-free at 1-877-276-9208 for more information.

Offshore Drilling’s Latest Technological Advancements

As new technologies are transforming offshore drilling, Essentra Pipe Protection Technologies continues to advance in our design of drill pipe protection products. This, in turn, allows companies to enhance safety, boost production and operating profits. Producers are taking advantage of advanced technology to gain access to deep oil reserves found in low-permeability geological formations. Fortunately, with advancement, comes great investment savings, improved protection and safety standards for drilling equipment, and ultimate protection of lives and the environment in which operations take place.

Use of Polymers

Modern polymers used today in gas and oil can act as an effective insulation solution for pipelines, which is required in marine oil operations. These products provide a reliable barrier between seawater and oil flow lines, which helps reduce the risk of clogging and subsequent rupture of the pipelines. Moreover, Essentra provides top-quality line pipe and drill pipe protection, as well as a number of various high-quality products that provide superior protection, and an added element of standard safety, that our clients can always rely on.

Polymers have been shown to offer additional benefits in oil and gas operations. These include:

  • Optimize the flow of gas and oil
  • Significantly reduce installation costs
  • Reduce dependency on steel during the construction phase
  • Enhance resistance against deep-sea pressures

Reservoir Robots (Resbots)

Reservoir Robots, aka “Resbots”, are used to examine conditions in oil reservoirs and detect any changes. These functions are key to the proper management of reservoirs. Resbots are small nano-robots capable of entering a reservoir and assessing the conditions inside rock pores. These robots are smaller than a human hair and can be injected into the well with water. They can analyze pressure and temperature readings in addition to assessing the different types of fluids found in the well.

Electromagnetic Heating Technology

Producers experience significant difficulty when extracting oil from deep underground to the surface. Traditional methods typically require energy and water to remove bitumen from the oil sands. Electromagnetic heating technology, however, simplifies the process by heating oil sands using radio waves. This technique uses less energy and eliminates the need for water during extraction.

Submersible Helicopter Models

Submersible helicopter models are used for underwater emergency training. The technology enables new staff members to train and prepare for emergency scenarios like helicopter crashes, which may occur at sea. The helicopter models allow the simulation of crashes into the sea.

As a prominent player in the industry, Essentra Pipe Protection Technologies is passionate about new technological developments and ways to continue improving quality assurance. Producers can always count on the top-performing high-quality drill pipe protection products offered by Essentra to achieve their goals safely and efficiently.

Freely request a quote online, or contact one of our customer service experts for orders and information at 1-877-276-9208.

What Companies Need to Know About Pipe Plugs & Caps

At Essentra Pipe Protection Technologies, we understand the delicate nature of sucker rods. Like other materials used in the gas and oil industry, these rods can become damaged during storage and transport. Because these rods are often stored for a prolonged period between or before uses, it’s important to protect them from considerable damage. Furthermore, because producers save money when waste is reduced, it makes sense for them to explore all potential ways to prevent damage to OCTGs and piping products. That’s why our sucker rod plugs and caps are so important.

Easy Use SAVES in Time & Investment

Today’s oil and gas industry is highly competitive, which means producers are always looking for ways to cut costs. It’s important to consider labor costs when choosing pipe protection products, and when the installation and removal of sucker rod caps takes less time, companies save money. Our caps are easily and quickly removed or applied with simple tools, which means oilfield workers won’t have to worry about finding the right tool when a sucker rod is needed. Essentra’s sucker rod plugs’ pull-tab design allows users to easily pull plugs from couplings before use.

Our Caps & Plugs Come in a Range of Sizes and Materials

Gas and oil production sites use varying rod sizes, and the components Essentra provides are designed to fit a full range of sucker rods. These rods’ sizes typically range from 5/8-1 1/8”, and we offer sucker rod caps and plugs for various applications. The caps use low-density polyethylene (LDPE) that’s specially designed for compatibility with the most widely used sucker rods. Consider their benefits:

  • They’re non-threaded, which makes it easier to install them on sucker rod pins
  • Hexagonally-shaped heads simplify removal; common tools are all that’s needed
  • Standard sizing such as 5/8”, ¾”, 7/8”, and 1 1/8”

Sucker rod plugs and caps aren’t just simple to use, they provide an effective way to shield coupling ends from the harmful effects of shipping, transport, storage, corrosion, and debris. Contact Essentra to learn about pricing and customization options, or freely request a quote online now.

Essentra Products Are Always Designed to Protect Your Bottom Line

As opposed to seeing sucker rod plugs and caps as an unnecessary expense, many of today’s producers see them as insurance against severe damage. When rod threads become damaged, the cost of repairs or replacement may become quite high. However, when rod plugs and/or caps are used, the chances of thread damage are greatly reduced, and producers suffer fewer damage-related losses. Furthermore, because the gas and oil industry runs on tight deadlines, these pipe protection materials make it easier for workers to adhere to their schedules.

Get Started Today

Essentra is proud to provide pipe protection products to producers all over the world. Customers can always come to us with their questions and concerns, as we’re glad to help. Should your company need top-quality sucker rod plugs and caps, or other products, freely connect with us toll-free at 1-877-276-9208 for orders and information.

Why Eco-Friendly Pipe Protection Products Matter

If you’ve ever wondered why we at Essentra value the importance of designing Eco-friendly pipe protection products, here’s why… Per the Energy Information Administration, US oil companies produce more than seven million barrels of oil per day; and unfortunately, with increased production comes the risk of environmental disaster. Oil spills cause extreme damage to wetlands, plants, and wildlife, not to mention the crews who clean up these messes. Below is an opportunity to learn how quality oil country tubular goods, and all our products, help protect the environment and prevent disasters.

Oilfield Products Prevent Pollution

When drilling rigs of all sizes pull oil from the earth, they may cause damage to the environment, particularly when spills occur. For instance, the Deepwater Horizon incident spilled over 200 million gallons of oil into the waters of the Gulf of Mexico. However, drilling equipment, OCTGs, and pipe protection products, when used correctly, can prevent:

  • Chemical leaks during oil drilling
  • Contaminated scale or rust from equipment and piping
  • Pipeline leaks
  • Oil spills
  • Improper dumping of waste

When oil producers partner with Essentra, they partner with an industry standard leader that holds quality assurance as a top priority. Companies can rest assured that all our Essentra products are designed to ensure protection, safety, and reliability, while also helping to prevent further environmental damage, safety hazards, and loss of life.

Minimizing Yearly Oilfield Waste

The EPA states that, every year, the American petroleum industry creates more than 450,000 cubic feet of waste such as sludge, scale, contaminated equipment, and polluted water. However, the amount of waste created per oilfield depends on these factors.

  • The production well’s age
  • Formation conditions
  • The production operation’s type
  • The geological location

It’s estimated that almost 30% of domestic gas and oil wells produce naturally occurring radioactive material. However, the use of Eco-friendly drilling equipment and OCTGs minimizes the amount of these harmful materials brought to the surface.

Diminishing Pollution

In some cases, community members report emissions from drilling sites, compressors, and wellheads, along with water well contamination near pipelines. Some of the most common problems arise in the areas of air, water, and soil pollution, which include:

  • Air contaminants which are released throughout the process of oil development.
  • Injection of toxic chemicals close to or into drinking water supplies via fracking (hydraulic fracturing).
  • Soil pollution and decreased vegetation growth because of oil waste products such as radioactive materials, metals, petroleum hydrocarbons, and other toxic chemicals.
  • Drilling wastes that contaminate ground and surface water.
  • Water as a drilling byproduct contains elevated levels of contaminants and salt. It’s commonly stored in pits and moved into evaporation ponds, and when spills occur here, it kills vegetation and sterilizes soil.
  • Water runoff created during the construction process may bring contaminated sediment and toxins into nearby streams and rivers.

At Essentra, Protection & Safety Always Matters

While it’s impossible to prevent every oilfield disaster, our Eco-friendly OCTGs, drilling equipment, and pipe protection products can help greatly reduce the risk. Essentra Pipe Protection Technologies is proud to work with oil producers in America and around the world, and we’re glad to do our part to minimize any harmful effects on the environment that may be caused during production and extraction operations.

To learn more about all our high-quality API standard pipe protection products, explore our site, request a quote online, or connect with one of our service experts toll-free at 1-877-276-9208.

Earth Day 2018 is Sunday April 22nd! If you’re wondering how you and your company can do your part in preserving the environment, visit: EarthDay.org

Innovative, Durable & Reliable OCTG Products

Choosing high-quality materials for use in OCTG products (oil country tubular goods) is always an important step. From rugged plastics that reliably withstand exposure to UV to steel that resists stripping and corrosion, OCTG products made from the best and most suitable materials excel where others come up short. As an American Petroleum Institute (API) standards leader, Essentra Pipe Protection Technologies consistently provides products and materials that always withstand the rigors of service in the oil and gas industry.

Materials Fit for the Heaviest, Most Demanding Oil and Gas Industry Duties

Every material meant for use in an OCTG product must be selected such that all the relevant requirements will be met simultaneously. The three general types of materials that are most commonly found in OCTG applications today are:

  • Steel. Long a mainstay of the oil and gas industry, steel has evolved in various ways to keep up with the demands of the modern environment. In many cases, the demand in OCTGs will limit the applicability of thermo-mechanical processing techniques that endow many other steel alloys with additional strength. Molybdenum is often used as a hardener for OCTG-focused steel blends, with modern alloys that boast high resistance to sulphide stress cracking typically including about 0.75 percent of the element by weight.
  • Plastic. Properly chosen plastics can be used to manufacture everything from thread protectors to pipe employed in oil and gas gathering lines. Because plastic formulations can be adjusted even more freely and easily than steel alloys, especially close fits between requirements and observed performance become much more practical to achieve. From pipes made of reinforced thermoplastic to high- and low-density varieties of polyethylene, plastics of various kinds consistently deliver everything asked of them and more in OCTG applications.
  • Composites. Steel, plastics, and other materials can also be combined in OCTG products to enable selected benefits of each. Thread protectors that incorporate steel and plastic, for example, can provide the impressive impact resistance of the former with the near-immunity to corrosion of the latter.

A Basic Safeguard Against Many Common Dangers

While there are many other factors to consider, choosing the best and most appropriate materials always goes a long way toward ensuring that OCTG products will perform as hoped in the field. Some of the types of stress that high-quality materials can protect against include:

  • Vibration that can undermine structural integrity and eventually lead to failure.
  • Corrosion which could eat away steadily at the strength of OCTG products.
  • Impacts that crush, fracture, and destroy much-needed OCTGs in a single stroke.
  • Temperature extremes and swings which weaken lesser materials over time until failure becomes inevitable.
  • Stripping of threads and fittings that can render OCTG parts useless.
  • Ultra-violet radiation whose deteriorating effects accumulate steadily in some types of plastic.

Relying on an API standards leader like Essentra Pipe Protection Technologies, makes it easy to feel assured that all the protection and performance-related benefits that top-quality, innovative materials can provide in pipe protection and various OCTG products is always available. Where inferior or outdated materials might endanger entire projects, those selected and provided by Essentra always meet and exceed expectations.

Connect with us today, by calling for orders and more information at 877-276-9208. For added convenience, feel free to request a quote online now!

How Drill Pipe Protectors Greatly Reduce Pipe Wear

Those working within the mining industries, as well as the oil and gas drilling industries, know all too well how heavy drilling activities often take place in harsh environmental conditions. Preventing corrosion is essential to ensuring operational safety, and maintaining the integrity of equipment, especially when it comes to preserving drill pipe. Thankfully, drill pipe protectors can significantly reduce pipe wear and tear. Read on to find out how.

The Vulnerability of Drill Pipe

Though drill pipe is generally fabricated using durable materials, they do have some weak points. A drill pipe’s threads tend to be prone to damage during transport, storage, and routine use. Furthermore, there are application vulnerabilities that must be consistently protected and maintained for safe use. For example, when drill pipe is subjected to intense abrasion and shock forces this eventually causes wear and tear, especially near the lower sections of drill risers and casings.

At the same time, there is the drill string, which is designed to be flexible in order to allow them to move laterally inside wells. The application of drilling forces can cause the joints between drill strings to move in different directions, generating frictional forces and causing excessive wear to string joints and bit surfaces. As such, most of the drill pipe’s integrity must be preserved. Drill pipe protectors, as well as other protective casings and drill string covers, become a vital part in ensuring successful application and operations on any industry-related site.

Maintaining Drill Site Safety

Adequate safety with pipe protection doesn’t just prevent unnecessary drilling material wear and tear, it also helps ensure the safety of everyone working on the job site. Drill pipes are designed to rotate at remarkably high speeds, which generates an incredible amount of stress force; if one of these pipes were to fail while running full-tilt, worker injuries and even fatalities could easily take place, in addition to substantial structural damage. However, there is a simple solution to avoiding these kinds of potentially grave consequences – using drill pipe protectors to reduce the wear that all-too-often leads to premature failure of drilling and mining equipment.

Thread Protectors

The easiest way to ensure that pipe arrives at an intended destination with its threads fully intact and ready for use, is to use high-quality plastic, durable plastics, and/or steel pipe protection. Essentra Pipe Protection Technologies’ top-performing thread protectors are designed to reduce the chances of dirt and debris getting stuck in the pipe threads and causing damage.

Reducing Operational Costs

In addition to providing for the safety of workers and equipment, utilizing drill pipe protectors and other pipe protection products from Essentra allows drilling operations to cut down on the operational costs associated with routine maintenance and equipment repairs. The amount of money required to install preventative measures is minimal in comparison to the financial losses that would be incurred due to premature equipment failure.

Connect with Essentra today by speaking with one of our service experts toll-free at 877-276-9208, or requesting a quote online.

Essential Role of Bumper Rings

Bumper rings play a critical role in the prevention of pipe damage and corrosion, which makes them a worthwhile investment. Like other industries, the oil services industry is going through a belt-tightening phase; and regardless of how lean things are, financial burn can’t be eliminated, only reduced. To that end, gas and oil companies are taking a proactive approach to pipeline protection and monitoring. Read further to learn how pipe rings from Essentra can help oil and gas operators protect their pipelines.

Why Are Bumper Rings So Important?

Oil and gas pipelines power much of the world, but bringing that power out of the ground is quite risky. Protective rings help to ensure that tubular pipe stays in place during transit and storage, as well as protected against friction or from the pipe bumping into each other, causing damage. Proper security and safety measures also include those listed here.

  • Proper loading and unloading
  • Having enough room to support piping along its entire length
  • Having a debris-free, flat, and fully supported surface
  • Using thread protectors, pipe rings, and other OCTGs properly

Applications

Pipe rings are manufactured from tough polyethylene or EVA components. They come in assorted sizes and should be placed over various areas along the shaft of tubular pipe. They all have one major purpose: to hold pipe steady and prevent them from colliding into each other or into where they’re contained. This ultimately reduces pipe damage during movement, transport, storage, and processing. Bumper rings from Essentra can stand up to immense pressure and maintain their protective integrity, which also reduces pipe damage and other negative effects.

The Benefits

As they prevent product damage caused by friction and direct contact, bumper ring assemblies can significantly affect product quality and cost. In the end, these protective tubular rings help companies save money by protecting the integrity of their pipe.

The Other Advantages

Not only do bumper rings have the benefits listed above, they make transport and storage easier and safer. When oilfield pipe is well-organized and properly bundled, it’s easier to keep inventory under control, and pipes aren’t as likely to break free. These rings are also recyclable, which makes them more appealing to oil and gas companies with sustainable approaches.

Don’t Skimp on Pipe Protection

All companies are looking for ways to cut costs, and oil and gas operations are no exception. One may expect that economizing on OCTGs would be a good way to save, but this choice can be disastrous. Oilfield experts know what thread damage can do to recovery and deployment times, along with the risk of shear events. As companies are making OCTGs last longer, it’s important to protect them to the best extent possible. With plenty of protective pipe rings on hand, operators can reduce the likelihood of an expensive, catastrophic event.

Contact Essentra Pipe Protection Technologies

Because oilfield pipe protection is a vital part of the transportation process, operators can increase safety and maximize profits when they have access to the right equipment, tools, and supplies. Essentra is a worldwide leader in pipe protection, and quality is guaranteed. For further information on how bumper rings and other pipe protection products can help operators secure their investments, call 877-276-9208 to speak with our experts, or browse online to request a quote.

5 Reasons to LOVE Pipe Chocks

Though oilfield piping and equipment can be difficult to ship, handle, and store, they are still costly enough to need protection; thus, pipe chocks from an ISO-certified vendor like Essentra Pipe Protection Technologies, are produced to the highest quality standard. As with most pipe coming in assorted sizes and made from various materials, they can be very heavy; and when they’re handled incorrectly, they can cause serious injury or even death. The following discusses why pipe chocks are such an important part of the oil and gas drilling industry.

#1 Provides Safety During Transport and Storage

As the roads become more crowded, it’s more important than ever to keep large loads safe and stable. Shifting loads can potentially cause severe trucking accidents. A poorly-loaded truck can roll over and spill its cargo onto the road, potentially causing a dangerous pile-up. By using pipe chocks during transport, drivers and sellers can keep these loads stable. Once they’ve arrived at the drilling or mining site, chocks are sturdy enough to keep pipe safely stored until they’re ready to be used. These durable wedges may be small, and they don’t cost much in the grand scheme of things, but they can prevent serious injury and loss of life.

#2 Prevents Costly Litigation

In today’s world, a lawsuit is almost certain to follow a significant injury. If an opposing party can document that chocks were used improperly, or not used at all, it can prove costly for a company. Even if a defendant wins such a lawsuit, the cost of legal defense is high. With proper use of quality pipe chocks, companies can save time and money by staying out of court.

#3 Makes On-Rig Pipe Storage Easy

The world’s largest oil rigs present numerous challenges when pipe must be stored. Regular inspections and government regulations are in place to ensure the integrity of the drilling operation and the safety of oil rig workers. Un-chocked OCTGs are easily dislodged and highly unstable, which is particularly problematic on a modern oil rig.

#4 Easy Use and Affordability

Pipe chocks are relatively inexpensive, but they’re a crucial part of oilfield pipe protection systems. Chocks are to be wedged in between each layer in a pipe pyramid, then nailed in place to keep the load stable during transport and storage. In some cases, tie-downs are used to provide additional security and stability for pipe loads.

#5 They’re Vitally Important

An improperly secured pipe load can shift if there’s an abrupt stop or sudden directional change during transport, causing property damage, severe injury, and, in some cases, death. When pipes are covered in oil residue, chocks are vital to the safety and security of the load and its driver. Pipe chocks from Essentra aren’t just useful, they’re vital to many industries that require pipe and other tubular goods.

Count on Essentra for Quality

Our entire team at Essentra Pipe Protection Technologies is honored to be recognized as a global leader in thread and pipe protection. We are proud to be an ISO-certified manufacturer of top-quality parts for the water, mining, gas, and oil industries. For additional information on our pipe protection and OCTG products, or to place an order, call us at 877-276-9208. For your convenience, feel free to request a quote online.

What Quality Means in OCTG Products

OCTG products must withstand grueling conditions to continue to protect pipe and drilling equipment; yet, quality is one of the most important considerations operators must make. The temperatures, corrosion, and pressure in wellbores take a significant toll on OCTGs, and if these pieces do not hold up, there can be severe consequences for workers and the local environment. There is an astronomical amount of monetary loss at stake in the oil and gas industry, and this is why the API (American Petroleum Institute) has outlined stringent specifications and standards. Read on to learn about what quality truly means when it comes to wisely investing in the best OCTG products.

Strength, Elasticity, and Flexibility

Oil country tubular goods must be strong, flexible, and elastic, as horizontal drilling has become a preferred method. Drill strings are bent over long distances at a rate of 10-15° for every 30 meters. After a 90° curve, oil country tubular goods must become straight once more. Essentra Pipe Protection Technologies’ products are made to exacting standards for maximum elasticity, strength, and flexibility.

Safe Casings

The casings or outer tubes lining and stabilizing the wellbore must fulfill the industry’s strictest set of requirements. After casings are inserted into a wellbore, they’re pressure-tested for several minutes to ensure that no leaks are present. Buyers can be assured that quality OCTG products are tested and proven to be stable and safe.

Quality Threaded Connections

Threaded connectors link individual pipe into a continuous tubing string or casing. Therefore, it’s extremely important that they’re gas-tight, as well as pressure and strain-resistant. Connections must be as strong as the tubing itself, and when operators buy with quality in mind, that’s just what they get.

Protecting Drill Pipe

In the oil and gas industry, drill pipes turn drill bits, spreading drilling fluid throughout the pipe itself. The pipe must be strong and reliable enough to withstand high torque and internal pressure as drilling fluid is expelled. Furthermore, pipe has to endure axial tension while avoiding loads from other drilling sources. Essentra’s OCTG products are designed to ensure that drill pipe threads and connections are protected and well-preserved at all times, so that operations can continue to run smoothly, safely, and effectively.

The Characteristics of High-Quality

Manufacturing of these seamless, high-strength pipe protectors doesn’t allow for the use of traditional thermomechanical welding methods. Rather, Essentra uses specialized techniques and high-quality durable elements to manufacture products with an assured level of strength. The alloying process, along with proper heat treatment, improves OCTGs’ resistance to corrosion.

Why Essentra Remains a Leader

At Essentra Pipe Protection Technologies, it is our honor to continue to help meet the increasing demand for oil country tubular goods through successful manufacturing practices, compliance, quality assurance, production, and delivery. We’re happy to offer producers an extensive line of top-quality pipe protection and OCTG products.

What’s most important to us, is that we’ve remained committed to upholding API standards when it comes to manufacturing leading pipe protection products that not only protect oilfield, mining, and water resource equipment, but also protect your company’s bottom line, while also keeping workers and our environment safe.

Give us a call today at 877-276-9208 for OCTG product information and orders; or request a quote online at your convenience.

Fracking & Natural Gas Outlook in the US

When it comes to oil and gas industry news and information, no company keeps its customers as informed as Essentra Pipe Protection Technologies. If you’re curious about the latest information at the top of the year, this blog will help place things into perspective. As it stands, the combination of horizontal drilling and fracking has greatly increased the United States’ natural gas supply while sending prices plummeting. With a 35% increase in production since 2008, prices have dropped by more than 60%. 2015 brought some of the lowest fuel prices since 1999, and prices are expected to remain low for the foreseeable future. Read more from Essentra to learn what this all means for 2018.

Higher Production and Increased Efficiency

US gas production is expected to increase by up to two percent per year over the next several decades, and the unstoppable rise is attributed mostly to vast, low-cost resources. With more than a century of supply, the domestic natural gas supply is expected to remain robust even as prices stay low. These facts, along with the wide availability of high quality OCTGs (oil country tubular goods) offered by Essentra, have made the US shale oil and gas industry extremely efficient.

Falling Prices Lead to Greater Optimism: The Cycle Never Ends

There’s considerable optimism around US gas and oil production, and the outlook is so bright that it’s driving down yearly price projections. In simpler terms, every time the EIA’s modeling system looks into the industry’s future, it forecasts a lower price. The advantages of low-cost natural gas are valuable because they give the United States an edge over their global competitors, while leaving American families with a higher disposable income.

Another aspect of this cycle is that producing companies also reap benefits when they invest in oilfield products by Essentra, that not only provide more bang for their buck, but also help protect their bottom line. Ultimately, as consumers have more money to spend, and as companies save, they’ll bolster the entire US economy.

The Changing Role of Natural Gas in America

Because of the growth of the shale industry, the US has the world’s largest and most adaptable market in terms of exports and domestic demand. We’ve seen natural gas become a crucial component of our energy complex. For instance, natural gas is now America’s primary electricity source; it has helped cut the sector’s carbon dioxide emissions by more than 30% since 2005. Natural gas provides a backup to wind and solar power development, and it’s leading a rebirth in the American chemical industry as well. Drilling companies in the US are moving to secure their positions and make investments in OCTGs through leading companies like Essentra.

Supply and Production Exceed Demand

Despite increased usage of natural gas in a variety of sectors, the EIA expects the pace of production to double that of new demand in the next few years. It’s America’s extensive, low-cost resource base that will allow the country to export more natural gas to places all over the world without a corresponding increase in domestic pricing. In any event, exports will be balanced with higher production, which will continue to keep prices low.

From a human development and climate change standpoint, it’s almost a moral requirement to export modern fuels such as natural gas. Furthermore, most of the world’s advanced economies are turning to gas as a power source. As a result, the American natural gas industry is flourishing; demand is high, but accelerated production is meeting that demand and then some.

Essentra is Your Standard Leader

At Essentra Pipe Protection Technologies, we’re proud to do our part to ensure safe, economical natural gas production. As a company, Essentra won’t take for granted the fact that we are an API standard leader in pipe protection products; instead, we thrive on continuing to manufacture top quality products that producers can trust and rely on. Connect with us today toll-free at 877-276-9208.