Drilling Rig
Drilling Rigs There are many types of Drilling Rigs in the world today. Lets start by narrowing them down into at least two categories. We have offshore rigs and land rigs or onshore rigs. The picture above is an example of a land rig. This example is actually a National 2000 HP drilling rig that … Read more
What is Fracking?
Advanced Hydraulic Fracturing / Fracking What is Fracking or better yet, what is hydraulic fracturing? In the oilfield this is a term that is used often, it is clearly a process of doing something but it is also a term that is used in goods that are sold in the oilfield such as frack tanks. … Read more
Oil Prices Bounce Back in Third Quarter
Strong crude demand and signs of ebbing U.S. production led oil back into a bull market Demand was a bright spot, following worries that damage from major hurricanes in the southern U.S. would crimp consumption. Above, a refinery in Ohio. PHOTO: LUKE SHARRETT/BLOOMBERG NEWS By Alison Sider and Amrith Ramkumar Oct. 1, 2017 7:00 a.m. ET 15 COMMENTS Oil investors … Read more
2017 Oil and Gas Trends
By Giorgio Biscardini, Reid Morrison, David Branson, and Adrian del Maestro How energy companies can adjust their business models to a period of recovery. The character of Chuck Noland, played by Tom Hanks, says near the end of the film Cast Away, “…because tomorrow the sun will rise. Who knows what the tide could bring?” He makes this observation after … Read more
New Oilfield Equipment!
We have acquired more new oilfield equipment… For more information give us a call at 936-336-5154, email us at sales@pickettoifield.com, and to check out other equipment visit www.pickettoil.com, in additional to this new equipment we have many used, refurbished, and other new equipment, also follow us on Facebook for more updates! NEW Drilling Spool… NEW … Read more
Recon Announces New Contracts for Oil and Gas Internet of Things Production Projects for PetroChina Changqing Oilfield Company
Sep 25, 2017, 8:00am EDT BEIJING, Sept. 25, 2017 /PRNewswire/ — Recon Technology, Ltd. (NASDAQ: RCON), (“Recon” or the “Company”), a leading independent solutions integrator in oilfield service, electric power and and coal chemical industries operating in China, today announced the Company has won several contracts totaling approximately RMB 6.1 million, or approximately USD 0.9 million, to develop four Internet of Things … Read more
Mexican fuels market in the spotlight during Gov. Abbott’s binational energy meeting
Sep 20, 2017, 2:39pm CDT Mexico’s growing fuels market took the spotlight during a binational meeting hosted by Texas Gov. Greg Abbott to discuss new business opportunities in the energy sector. Abbott hosted Mexican Ambassador to the U.S. Geronimo Gutierrez-Fernandez and Petroleos Mexicanos CEO Jose Antonio Gonzalez-Anaya at a Monday evening dinner with executives from Texas-based energy companies at … Read more
Florida / Irma / Gas
Gas shortage: Florida races to refill gas stations after Hurricane Irma by Matt Egan @mattmegan5September 11, 2017: 4:27 PM ET Florida is racing to refill its drained gas stations to allow millions of residents to return to their homes following mass evacuations caused by Hurricane Irma. Historic demand for gasoline sparked major gas shortages in the days before Hurricane … Read more