Tradequip Blog & Oilfield Industry News

The American Petroleum Institute (API) recently released a report documenting the prioritization of safety, health and environmental stewardship in the oil and gas industry. As the report notes, the industry’s commitment to producing more energy, improving operation efficiency, while reducing the carbon footprint, is unyielding. Health and safety, the protection of people, the environment and […]

Please join us in welcoming new member company Exterran Corporation. Exterran Corporation is a worldwide market leader in oil and gas production equipment, natural gas compression, produced water treatment solutions, and gas processing and treating. Headquartered in Houston, Texas, Exterran Corporation has approximately 5,100 employees and operates around the world.  Andrew J. Way is the President […]

Companies Will Continue to Serve Customers While Searching for New Property June 21, 2017 – Aaron Equipment and Paul O. Abbe Equipment Company today announced the companies will move from their current property in Bensenville, Illinois, by Spring 2020. This announcement follows a final agreement between Aaron Equipment and the Illinois State Toll Highway Authority for […]

The PESA Human Resources and Supply Chain Committees jointly hosted a Recovery Planning Seminar on May 23 at GE Oil & Gas. The seminar addressed recovery planning activities and the impact of current market instability. Leading industry executives shared strategies on positioning organizations to maintain lead times while controlling costs through human capital management. The […]

PESA members from twelve leading oilfield service and supply sector companies came together on May 31 for a speed mentoring session jointly hosted by the HR and Emerging Leaders Committees. This inaugural event’s format encouraged open dialogue with HR leaders offering guidance to member company high performers. As the first trade association to host a […]

LAGCOE Announces LAGCOE Looey 2017: Don Briggs Founding Member and President of Louisiana Oil & Gas Association LAFAYETTE, La. (June 19, 2017) –  LAGCOE is proud to announce LAGCOE Looey 2017, Mr. Don Briggs, Founding Member and President of  the Louisiana Oil and Gas Association. LAGCOE Looey is an honorary position given to someone who has accomplished […]

Pulsar service delivers rigless formation evaluation and monitoring for any reservoir to improve drilling efficiency and well productivity OKLAHOMA CITY, June 19, 2017—Schlumberger today introduced the Pulsar multifunction spectroscopy service at the SPWLA 58th Annual Symposium. The new service provides the industry’s first complete cased hole formation evaluation and reservoir saturation monitoring with openhole logging […]

Intelligent oil fields: Digital Oilfield Technology  The oil industry has been slow to wake up to the opportunities of digital technology but this is changing. Major energy companies including BP, Shell, Eni and Statoil amongst others, are employing Digital Oilfield (DOF) technologies in their offshore drilling and production operations, for many years. As a result, […]

On May 18, the Trump Administration formally notified Congress of its intent to commence negotiations with Canada and Mexico with respect to the North American Free Trade Agreement (NAFTA). This notification triggers a 90-day period before negotiations with Canada and Mexico can begin (no earlier than August 16, 2017). Per a May 23, 2017, Federal Register notice, the United […]

              Calgary, AB – Global Petroleum Show (GPS), an industry leading oil and gas exhibition, officially kicks-off its 49th year tomorrow in Calgary at Stampede Park. FromJune 13-15, this industry leading event will provide attendees with direct access to the entire supply chain, innovative technologies, products and services, and a massive […]

Oil companies are applying new hydraulic fracturing techniques to early Bakken wells, a process industry leaders say has the potential to recover more oil without increasing the footprint on the land. Operators are targeting wells drilled between 2008 and 2010, the early years of Bakken development before fracking technology advanced to where it is today. […]

  Oil companies across Texas increased payrolls by nearly 12,000 jobs in the six months through April. Experts attribute the increase to the industry’s steady recovery along with the shale boom in the Permian basin of West Texas. The latest gain over the last six months pushed the total number of oil and gas jobs […]