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 …
Using pipe protection products will work to extend the life of your tubular products, effectively protecting your bottom line. As an asset to your business, the pipe should be protected even in your yard. While it may be easy to overlook thread protection when a pipe is not being used, it is a critical consideration. …
Tector™ Pipe Thread Protectors: Simple, Effective Thread Protection Read More »
Oil Country Tubular Goods (OCTG) refers to tubing, casing, and drill pipe used in the petroleum industry. While it can easily be overlooked, tubular protection plays a vital role in oil and gas, well and pipeline designs, and facilitating the safe and efficient transportation of oil and gas. OCTGs are utilized for both onshore and …
What Industry Insiders Have to Say About Oil Country Tubular Goods Read More »
If you are new to pipe protection, you may be overwhelmed by the sheer number of products available. Thread protectors are one of the most commonly used forms of pipe protection, and even then you have some great options in terms of type, durability, and even material. MSI offers thread protector options in several different …
An American presidential election year always brings questions about how the election outcome will impact business. This is especially true for the oil and gas industry, as political interests often affect rules and regulations as well as foreign policy. 2020 has already been a unique year in terms of impacts on the oil and gas …
Will the Election Impact the Oil and Gas Industry? Read More »
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 …
Pipe Protection: Why It is important, What It Is, and Who Uses Pipe Protection Read More »
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, …
Making History: Oil Prices Go Negative for the First Time Ever Read More »
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