Recently, the EIA forecasted global consumption of petroleum and liquid fuels will average 99.4 million b/d for all of 2022, an increase of 2.1 million b/d from 2021. They further expected the same increase in 2023. With the consistent rise of global demands, it’s critical to protect your drill pipe investments to achieve your own production …
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, …
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 …
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 …
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 …
By continuing to browse or by clicking ‘Accept’, you agree to the storing of cookies on your device to enhance your site experience and for analytical purposes. To learn more about how we use the cookies, please see our cookies policy.
This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.