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 …
The recent geopolitical events in the Middle East will increase demand for oil rig production from both North and South America. The U.S. surpassed other world producers in December 2018, with Texas producing almost half of the approximately 11.5 million barrels per day. Similarly, while Venezuela traditionally leads South America in production, Brazil has stepped …
US oil and natural gas production are currently experiencing an unprecedented era of growth. This is largely due to the Texas oilfield basins and new developments in the extraction technologies applied. With new extraction methods, the region has doubled its daily production over the last decade. With increases in the world’s demand for oil, higher …
Everyone has big dreams as a child. However, oftentimes, people still tell girls that they shouldn’t choose a certain career because it’s a “man’s job”. Even in the 21st century, it seems that women still aren’t choosing careers that are traditionally in male-dominant fields, like the energy industry. Fortunately, this trend is steadily changing. We …
In the oil and gas industry, any unplanned downtime affects the bottom line. Lost time incidents (LTIs) not only stop production, but the subsequent investigations and safety audits become additional overhead. Consequently, since most industry leaders know that production is showing no sign of slowing at this time, operations must go on. In doing so, …
API standards and specifications are very important factors that can affect the success of your company operations. This is especially true if your company is engaged in the oil and gas production or drilling industries. As a matter of fact, API specifications refer to criteria for OCTG set by the American Petroleum Institute (API). In …
It wasn’t that long ago that experts thought the United States’ oil and gas reserves were running out. Today, however, our recoverable reserves are the largest in the world.1 That’s due primarily to new drilling techniques like hydraulic fracturing. And in the spirit of ‘Helping You Deliver All Day, Every Day’, MSI Pipe Protection Technologies …
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