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 …
Protecting Your Assets During Uncertain Times with Pipe Protection Read More »
Rising economic pressure on the oil and gas industry will require operators to revisit their market outlooks over the short and medium-term. OPEC’s revised industry outlook (released in November 2019) indicated that the energy sector continues to face “challenging” times as growth will slow from 1.4 million b/d to 0.5 million b/d by the end …
Important Things to Know About Protecting Your Pipe Threads Read More »
In the coming decade, oil and gas operators will face new challenges and need to find additional efficiencies to retain their market posture. According to Deloitte’s industry outlook, investment shortages and volatile demand growth will plague producers over the next few years. The technological innovations from the previous decade provided many positive returns, but have …
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 »
Assembling drill strings that operate reliably requires detailed calculations and comprehensive well designs. One of the major factors that determine the efficiency of a well is determining kinds of oilfield pipe threads, their size, and what their strength should be for the different casings, tubes, and downhole equipment. In fact, it’s not always possible to …
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 …
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