By Paul Wiseman It seemed like a great idea at first. There’s all this data being aggregated from thousands of wells—why doesn’t someone set up some parameters for pumps, tanks, pipelines, and anything else that can exude data—then computers can send alarms to alert managers and field personnel any time there’s a problem! Very […]
Permian Rental Companies Back the Stats
As Analysts Note Impressive Peak, Locals Confirm Industry Uptick. The day after Christmas 2017, IHS Markit, an economic analytics firm based in the United Kingdom, issued a press release referencing the Permian as a “super basin.” In fact, the headline and first few paragraphs made one think Christmas would last well into the […]
IIoT Meets O&G
Can technology make $20 oil profitable? Technology-based improvements in time efficiency have already made oil production at least sustainable at $50 per barrel. Could further improvements drop the break-even level to even lower prices? Firms who are leaping forward to fully embrace oilfield technology—both providers and end-users—point out that the “old ways” of doing […]
I.T. Meets Oil: And Nothing Stays the Same
The oilfield’s IT revolution is streamlining operations and connecting the field with the back office like never before. These connections are changing the corporate culture for the better. by Paul Wiseman For the better part of a century field personnel have been chastised and glared at, if not outright berated, by office personnel seeking […]
Wireline Comes into Its Own
As wireline goes, so goes the O&G industry. Wireline makes a good barometer for what’s happening not just in the service industries sector, but in Basin energy development on the whole. Wireline is a trade that plays a part in exploration as well as in ongoing, down-the-road production, so it rides with the fortunes of […]
New And Noteworthy: January 2017
PetroNerds and more. Fresh offerings of products and services for the oil and gas set. Next Generation Drilling Motors Sperry Drilling, a Halliburton (NYSE: HAL) business, announced on Sept. 21, the release of GeoForce Endure and StrataForce Endure motors, the latest additions to the drilling motor product line focused on increasing reliability in […]
On Getting Plugged In
The severe and still-mounting shortfall of electricity in oil country is something that will only be resolved when suppliers and users alike are aware of the needs and the limitations of the system. For E&P companies, communication is the key. by Al Pickett, special contributor The shift from vertical to more horizontal drilling in […]
iTankData Announces First Mobile App to Manage Oil Field Operations
iTankData Announces First Mobile App to Manage Oil Field Operations, to be rolled out at Permian Basin International Oil Show (PBIOS), October 18-20 “This mobile app allows operators to monitor production specific to leases and pumper staff. By 7am each day, supervisors can direct field crew based on the current status of crude oil production […]
Getting the Big Picture
GIS mapping does more than scratch the surface. Managing assets and working around existing pipelines, wells, and environmental restrictions makes GIS more necessity than luxury. by Paul Wiseman Remember the days of carrying a Rand McNally road atlas in the car on road trips—madly flipping pages when crossing state lines and trying to find […]
New and Noteworthy: October 2016
Fresh offerings of products and services for the oil and gas set. Ultra‐Low Headroom Wire Rope Hoist Expanding its comprehensive line of high‐quality wire rope hoists, Columbus McKinnon Corporation (NASDAQ: CMCO), a leading designer, manufacturer, and marketer of material handling products, systems and services, introduces the Yale LodeKing LT ultra‐low headroom top‐running wire rope […]