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WeatherTAP GLOBAL

WeatherTAP.com Now Offers WeatherTAP GLOBAL Service

  WeatherTAP.com has partnered with EarthCast Technologies (ECT) to offer its subscribers access to global forecast data with weatherTAP GLOBAL. Among other things, weatherTAP GLOBAL allows professionals in the oil and gas industry to track severe weather to any oilfield, refinery or offshore rig in the world.   “For decades, those operating off shore or […]

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Krispy Kreme Doughnuts

An Unlikely Victim Of Oil’s Collapse: Krispy Kreme

Author: Lauren Gensler , Forbes Staff  Despite humble beginnings in North Carolina, Krispy Kreme has bet big on international expansion in recent years, with nearly three quarters of its 1,100 donut shops now located abroad. Yet, with plunging oil prices wreaking havoc around the world, there are some places where it probably wishes it hadn’t set up shop. As of the beginning of 2015, […]

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Oilpro Weekly Review | OTC Sub-$40

We at Tradequip International would like to pass on this article recently posted on Oilpro.com. Tradequip has been an exhibitor at OTC for many years now and we’ll be there again in 2016. Through the good and bad times Tradequip International is committed to serving our loyal advertisers. Please enjoy the article.   Good Morning […]

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Debt Burdens Straining US Shale Industry

Posted on 2-29-16 by http://www.newsbase.com US shale drillers are under increasing pressure from unsustainable levels of debt, with two companies having recently missed debt repayments, writes Kevin Godier What: US shale players must find US$1.2 billion in interest payments by the end of March Why: The low oil price is making debt repayment increasingly difficult. […]

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Oil Barrels

Saudi Arabia’s Breakeven Point

Don Minter posted 2-28-16 There are a lot of numbers thrown around concerning the Kingdom of Saudi Arabia (KSA) and their present “market-share” production strategy. Well, here’s an article with even more numbers. It was reported that KSA had a budget deficit of $98 Billion dollars in 2015. This deficit was supposedly covered by their […]

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Obama Issues New Methane Rules, Adds To O&G Headwinds

Jeff Reed posted 1-22-2016 On Friday, the Obama administration proposed a new rule aimed at reducing emissions of methane from O&G drilling on federal land. The measure would mandate that O&G companies use equipment to capture leaked gas and would increase the costs they pay for extracting hydrocarbons on public property. “The proposed rule on […]

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Tenacious Grandmother Joins “Boys Only” Offshore Club & Stays For 30 Years

Elizabeth Vinson posted 1-14-16 When she was just 16 years old, a scooter accident left Patricia (Pat) Thomson unconscious for 3 days. As a result, Pat has no memory of her childhood in Scotland though she thinks she must have been a bit of an adventurous tomboy. Pat’s proud of the fact that the motorbike […]

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Canada’s Largest Pressure Pumper Throws In The Towel On US Shale

Joseph Triepke posted 1-13-16 On Tuesday, Trican Well Services announced that it has entered negotiations to sell its US pressure pumping business. Trican is the largest Canadian frac company and has 16 frac spreads (645,000 horsepower) in the US. Only 6 of Trican’s 16 US spreads are currently active – the rest have been parked […]

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Why Reality Dictates A Price War

William Edwards posted 1-4-16 I would like to welcome you to the real world of the commercial oil business. Be careful, though, before you accept my invitation as it might result in a change in your thinking. First, let us recognize that there are two oil worlds: the political one and the physical one. Both […]

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Revisiting The Forgotten Commodity – Weekly Review from Oilpro

Good Morning Oilpro Readers! In the US, the “G” in O&G seems all but forgotten. Years of depressed natural gas prices coupled with the industry’s recent oil price obsession have quieted the natural gas conversation. This week marks the start of the traditional winter withdrawal season (Nov. 1 – Mar. 31), making it a good […]

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New Rover Pipeline Marks Largest Horsepower Order of Cat® Gas Compression Engines

Houston, TX – A total of 39 Cat® gas compression engines delivering in excess of 211,000 horsepower—the company’s largest ever single-project order—is headed to Ohio as part of a major new U.S.-based pipeline. Twenty-one G3616, two G3612, one G3606 and three G3520 engines, as well as 12 G16CM34 units, will provide power at nine compressor […]

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Is The Downturn The Best Time For Service Providers To Advertise?

Is the oil and gas downturn the best time for service providers to advertise? Personally, I think if you look at the historics of different industry downturns and who came out on top, it typically was/is the companies who marketed heavily, kept boots on the grounds within their sales force, and generally looked alive during […]

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