oil and gas

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Important Things to Know About Protecting Your Pipe Threads

Rising economic pressure on the oil and gas industry will require operators to revisit their market outlooks over the short and medium-term. OPEC’s revised industry outlook (released in November 2019) indicated that the energy sector continues to face “challenging” times as growth will slow from 1.4 million b/d to 0.5 million b/d by the end …

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The Impact of Global Politics on the Oil and Gas Industry

 Global players in the oil and gas industry understand one major thing… The political statements and public posturing of governments can directly impact their bottom line. From shipping lanes to supply and demand, every aspect of the market relies on the relationships and trade agreements countries and allies fostered after the 2nd World War. …

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OCTG and Drill Pipe Protection for Quality Inspections

Operating and maintaining a productive well requires a stringent inspection regimen. Regular inspections help identify any issues relating to the integrity of the downhole equipment and drill strings prior to failure. As (OCTG) Oil Country Tubular Goods remain a considerable investment for drilling operations. Therefore, maintaining their integrity during the handling, storage, installation, and production …

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The Future of Oil Rig Platforms and Production

Offshore oil rig platforms are coming to terms with the impacts of the shale oil boom. Thus, producers are looking for new efficiencies in order to compete with their onshore counterparts. This drive is bringing new innovative technologies into the industry, which cuts down costs and increases production quantities. The oil price’s decline from four …

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