With the discovery of the Parshall Oil Field in 2006, there has been an insane rush to North Dakota with large aspirations of striking oil. Young men barely into their 20’s who once just hoped to make it out of their hometown now flock to the state with dreams of making over $100,000 salary a … Continued
For hundreds of years, Mexico’s Oil Industry has been private. Since 1938, there has been one oil producer, Pemex (a.k.a. Mexican Petroleum), in the whole country. Pemex was a monopoly in Mexico, supplying all of Mexico’s oil to the country and surrounding countries. This allowed Pemex to determine not only the price of oil, but … Continued
To those in the oil and gas industry, it’s a well known fact that truck driving is one of the most dangerous parts of the job. However, this may come off as absolutely shocking to many of those who don’t work in the industry. Many would assume that the oil rig itself is where most … Continued
Oil seems almost as common as water in Canada. The city of Alberta, Canada is estimated to have more oil in it than the entire world has consumed over its entirety. Additionally, Canada has the 3rd largest oil reserves in the world. Yet Canada remains the 6th largest crude oil producer. Why is this? The … Continued
How much do you know about fracking? If you’re like most of America, probably not much. A poll constructed in 2012 by the Pew Research Center found that 74% of Americans know little or nothing about fracking. Yes that’s right, 74%! Despite living in a society where people can receive news from numerous media outlets … Continued
Careers in the oil industry are some of the most sought after jobs by engineers and professionals. Although sometimes faced with grueling hard work, it almost always pays off in big bucks. Whether you’re an engineer, business professional, research analyst, or field worker, you can find a rewarding career in the oil and gas industry. … Continued
First Titan Corporation (FTTN) has recently announced its intentions to expand its industry portfolio into the digital oil field. For those that are unaware, the digital oil field is a primitive technology that gathers data related to an oil field (like depth, composition, etc.). Using this data, the technology draws a model that details where … Continued
Just like every other job, trucking jobs in the construction industry have many pros and cons that come along with the position. In reality there are always negative aspects to a job, whether they be substantial or minuscule. However, in a successful career, the benefits of a job significantly overshadows the negative aspects of the … Continued
A recent technology called Autonomous Haulage System (AHS), developed by Komatsu, has allowed for dump trucks and construction vehicles to be controlled and driven remotely through GPS and satellite technology. Information on a vehicle’s target course and speed is sent wirelessly to a team of men at a remote operations center. The team of men, … Continued
For those who don’t know, hydraulic fracturing or “hydrofracking” is the process of injecting millions of gallons of water at an extremely high pressure into dried up oil and gas wells. Some of these wells can be as deep as 10,000 feet. These highly pressurized mixtures of water and chemicals breaks up the rock … Continued