Tradequip Blog & Oilfield Industry News

Transporting oil drilling equipment became a little easier with the development of the portable frac tanks and various other types of tanks that have skids built in. A frac tank is used to store and transport oil and other liquids used in the process of hydraulic fracturing. Other tanks such as water tanks, storage tanks, […]

A big oilfield company was needing to hire a Drilling Engineer but had a problem as they had way too many candidates for the one position that was available. So to narrow down the group, the human resource director with a PHd in Philosophy gave a one question application after interviewing each of them on […]

If you do a thorough web search, you will find your oil field supplies at a fraction of the cost. One way is to buy used oil drilling equipment and slowly replace it with new. The other way is to keep surfing the web for oil field equipment until you find prices that work for […]

President Obama’s confusing approach to energy encourages our enemies who shout “death to America,” while penalizing our closest allies and even our own job creators. Iran’s participation in the nuclear negotiations that have slogged on for months, have now, ultimately, netted a deal that will allow Iran to export its oil—which is the only reason […]

Oilfield services companies typically supply necessary services to the petroleum exploration and production industry without actually producing petroleum themselves. Saving time with your next oilfield service can be as simple as doing your research prior to contracting any specific company. Making your decision is easier when you have the peace of mind that comes from […]

The technique itself is nothing new. Oil crews across the world have been schooled on its simple principles for generations: Identify aging, low-output wells and hit them with a blast of sand and water to bolster the flow of crude. The idea originated somewhere in the plains of the American Midwest, back in the 1950s. […]

TIRED OF GETTING HOSED: OIL SPILL RECOVERY SPECIALIST PATENTS PRODUCT THAT CUTS CLEAN-UP IN HALF   Prototype to Debut July 29th in San Antonio at 2015 South Texas Oilfield Expo   LONGVIEW, TX-July 23rd, 2015-Sometimes, a little fresh perspective makes a big change.   Sometimes that perspective results from spending 18 hours bent over an […]

PEMEX pulls out of Mexico’s Round One With all the big waves this deal with Iran is making this week, I thought I would balance things out a bit with an offering from the other hemisphere and write a little round-up on Mexico’s re-emerging market, where it is today, and where it’s going. In August […]

For the first time ever, natural gas has overtaken coal as the primary source of U.S. electric power generation earlier this year. For years this milestone has been in the making, as the price of gas has fallen, and new regulations have increasingly made coal riskier for power generators, and the power gen industry switches […]

Oh, to have only taken a great big crude short Thursday afternoon before the long holiday. Oil prices tanked Monday as overly nervous traders trampled the exits. After the smoke cleared, three primary factors stood to blame. Greece: Boosted the dollar, which always drags on oil prices. China: Weak stock market leaves viable concerns for […]