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Rhino Tubular Handling Systems: Safety and Organization for Your Pipe
Pipe protection products are varied and should be implemented wherever possible to protect your assets. One area of protection that should not be overlooked is a pipe handling system that will allow for safe solutions for lifting, transporting, and storing tubular pipe. This type of protection compliments the use of thread protectors, stabbing guides, pipe
Protecting Your Assets During Uncertain Times with Pipe Protection
Due to price wars and then COVID-19, in April 2020 oil prices went into negative territory for the first time in history. In early May 2020, there are signs of a slow rebound, but with oil prices perhaps more volatile than ever before, it becomes imperative for those in oil and gas to protect their
Oil Prices Are On the Rise As Social Distancing Requirements Ease
Those with interests in oil production are feeling a bit of relief for the first time in months. After oil prices bottomed out and went into negative territory in April for the first time in history, many oil companies were fearing imminent bankruptcy. Now, with areas of the country re-opening, there is a slow rebound
Pipe Protection: Why It is important, What It Is, and Who Uses Pipe Protection
The oil industry is reliant on pipe for a variety of jobs ranging from drilling wells to pumping oil out of the earth. When a rig operator finds that their pipe supply is not in good working condition it can stop or slow work. Because pipe is central to much of the work that is
Making History: Oil Prices Go Negative for the First Time Ever
The oil and gas market is notoriously volatile, but amid COVID-19 it is more volatile than ever before with oil prices going negative for the first time in history on April 20, 2020. While the price drop has some consumers rushing to fill their gas tanks affordably, oil producers and investors are reeling. Louis Dickson,
Oil Storage: Are We Running Out of Space to Store Oil?
We are living in unprecedented times and the times have certainly had an impact on oil supply, demand, and production. Airlines have limited flights and are not buying or using jet fuel like they were before COVID-19 changed the way we live. Consumers are not filling up their gas tanks as often as about half
Why Having ISO 9001 Certified Pipe Protection Supplier Matters
Pipe protection matters. Your pipes are an investment in your business and safeguarding those pipes protects the investment and your overall bottom line. In this case, pipe protection purchases can also be an investment in your business. Purchasing from an ISO 9001 certified supplier ensures your pipe protection products are manufactured with consistency and continuous
Oil Industry Bailout? Industry Leaders Say ‘No Way’
COVID-19, also known as Coronavirus, has impacted people the world over, effectively stopping day-to-day life in many regions of the world. Many industries are being impacted negatively by the spread of the virus, with the oil and gas industries among the hardest hit. In recent days, White House Insiders have stated that the Trump Administration
Understanding the Implications of Increased Oil Production in Saudi Arabia
After failing to reach an agreement about oil production and falling costs of oil, Saudi Arabia and Russia left talks with an impending price war and the three-year OPEC alliance is undoubtedly in question. Saudi Arabia made it clear that it was going to increase production and further announced stunning discounts on oil to the
Why Oil Prices Are Crashing: What You Need to Know
Even people who are not generally aware of oil prices have likely heard that oil prices are dropping. This is big news that is impacting not just the United States, but the world at large. When you understand why oil prices are dropping, you understand why this is important news for everyone, including the everyday
Get to Know Our Guardian Drill Pipe Protectors
Drill pipe protectors are a vital piece of equipment for oil and gas operators. The significant investment that Oil Country Tubular Goods (OCTG) requires means that producers need the highest quality protective equipment available on the market today. With MSI Pipe Protection Technologies’ Guardian line of drill pipe protectors, operators can rest assured they are
All Things Drill Pipe Safety – What You Need to Know
Few working environments present a bigger risk to operational and occupational safety than the oil and gas industry. Due to the remote locations of rigs and the type of activities that take place during oil and gas operations, focusing on safety is a primary concern for regulators, producers, and other associations. According to the International
