Drill pipes are always a significant investment when it comes to production. So, if a pipe breaks or sustains damage, the cost of added expenses to your investment can become catastrophic. The drill pipes must be working optimally to keep a drilling operation up and running. A fundamental way to do this is by using drill …
Pipe protection products are a great investment in your business. In the oil industry, pipe is an asset. Without pipe in pristine condition, projects can be delayed or canceled altogether. As such, ensuring that pipe can be safely stored, transported, and used is worth investing in. Not only are there many different pipe protection products, …
Even after revising their forecasts for 2020, the EIA expects global liquid fuel demand to grow in the coming year. New well completions will continue to increase the industry’s daily yield, with the latest numbers suggesting an average production increase of 1 million b/d during 2020. As the EIA expects oil prices to trend downward …
Maintaining efficient operations during oil and gas production requires staff to have access to reliable equipment. A failure in any section of the pipeline or ancillary devices can lead to well collapse, costly repairs, and extended downtimes. Operators need to protect pipe threads, ensure the integrity of casing tubes, and reduce the effects of corrosion …
Five Ways to Protect Pipe and Threads in the Oilfield Read More »
In March 2018, President Trump placed a 25 percent tariff on imported steel. What is the likely impact of this steel tariff on OCTG and the oil and gas (O&G) industry? Discover more below with MSI Pipe Protection Technologies. Understanding Steel Tariffs To reduce the United States trade deficit, the Trump administration last year introduced …
Update: Steel Tariff Effects on OCTG Investments Read More »
The U.S. Energy Information Administration (EIA) revised its forecasts for the last quarter of 2019 and the beginning of 2020. Despite oil and gas production increases, the Short-Term Energy Outlook (STEO) expects prices to trend down over the next few months. This is largely due to some recent production halts, trade war issues, and the …
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 …
OCTG and Drill Pipe Protection for Quality Inspections Read More »
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