Blog

Buying a swab rig is a major investment. Whether you’ve decided to purchase a used, reconditioned, or new rig, there are some questions you’re going to have to ask yourself about your needs and your budget. Though you should always consult with a professional before actually committing to a purchase, you can begin your planning … Continued

The U.S. rig count is currently up to 927 units, according to Baker Hughes, which is an increase of 11 over the past week. Historically, U.S. rig count is generally used as a direct prediction of enthusiasm and strength within the oil and gas market, as it correlates to whether or not businesses are actively … Continued

It’s official: the oil and gas industry in the United States is going to continue growing, even as OPEC cuts its own production. Oil and gas in Texas has increased for the fifth month as of April, and it’s likely that these increases are going to flow through to May and June once the reports … Continued

The Dakota Access Pipeline has been a controversial development for the last few years. Both environmental groups and Native American tribes protested against the use of this pipeline, under the belief that it could adversely impact the environment. However, this $3.8 billion project is very likely to vastly improve upon oil and gas operations throughout … Continued

United States domestic oil production continues to both grow and exceed forecasted amounts. Though this could drive down prices, this may not necessarily be a negative for the market. Technological improvements and cost savings have been cited as a major reason for this growth. This growth is likely to continue for the foreseeable future and will bring … Continued

Domestic oil production has increased steadily throughout 2017, with the U.S. Energy Information Administration raising its 2017 forecast for production and lowering its outlooks regarding price. Oil production and oil price is closely linked, though demand remains high and growing. As U.S. oil producers continue to raise production, per barrel prices may go down. What … Continued

What happens when a well is already considered to be depleted? In the past, the wells would simply be abandoned. Today, however, advanced technology makes it possible to still recover some amount of product from the well. Swabbing can go on for several years, at which point the well is considered to be truly depleted. … Continued

The past decade has been a tumultuous one for the oil and gas industry. Following a period of tremendous highs, the oil and gas industry saw both oil and gas prices sharply decrease. In the past two years, the oil and gas market has slowly begun to recover. Now the oil and gas industry is … Continued

Shale drillers in the United States are expecting to increase their April oil output by 109,000 barrels per day. This will mean that almost 5 million barrels per day will be produced in the United States. It’s expected that oil and gas production will continue to increase throughout 2017, in the wake of an improved … Continued