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Showing posts from November, 2021

A Quick Guide: How to Find the Right Drilling Rig

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Getting a new rig is an expensive investment. Drillers around the globe want to use their old rigs to get the maximum productivity out of them. However, the costs associated with maintenance and productivity depletion due to the wear and tear of the structure can force you into the market to buy a new one. Alternatively, you might be considering buying new rigs to meet the growing customer demand or expanding your business to new markets. Whatever the reason, knowing what type of drilling rig to invest is imperative. Here, we have listed important factors to evaluate so that you make an informed decision. What to Look for in Different Drilling Types Water Wells The location is of utmost importance when considering installing water wells . In areas with flatter topography, water can be found in shallower grounds, as close as 120 feet down. In similar regions, it makes sense to go for used water wells. However, in mountainous and rocky regions, water is far below and can be found as low

The Future of the Oil Industry—2021 and Beyond

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  Changing weather patterns, pollution-infested metropolises, and fast depleting fossil fuel reserves have all contributed to calls to end oil usage and shift to renewable energy sources instead. With the prices of solar panels and wind generators coming down significantly in the past decade and batteries costing half of what they cost a few years back, one would wonder how close we’re to ending our reliance on oil. How Fast Will be the Change? Global leaders continue to draft plans to agree on how to curb global warming by reducing the dependence on fossil fuels. While the coal industry has taken a significant hit in the last two decades, the oil industry has continued to enjoy global dominance as the lone driver of world industries. With leaders promising to shift their energy sources to renewable energy sources, it begs the question, how far away are we from seeing solar, wind, and nuclear energy replacing oil as the premier energy source? President Biden claims to make the US free

Why Should You Use Electronic Pressure Gauges?

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Pressure gauges  are an integral part of any drilling setup as they provide accurate pressure readings, which can help your firm drill efficiently. Analog pressure gauges have been used for a long time, but they’re losing popularity due to their inability to work in harsh conditions and provide accurate readings. The majority of drilling firms in today’s era prefer to use electronic pressure gauges due to their user-friendly nature and low costs. In this blog, we’ve listed some of the common benefits of using an electronic pressure gauge. Electronic Pressure Gauges Are Durable It's no secret that drilling is conducted in extreme environments . Whether it's in the middle of the ocean or remote places on the ground, you need strong equipment to withstand extreme conditions. This is why many companies are switching from analog to electronic pressure gauges. An electronic pressure gauge is usually made from stainless steel  or aluminum, which allows it to endure potential cracks. T

What Are The Benefits Of Drilling Oil?

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Even with the demand for oil increasing daily , you’ll be surprised to know that oil wells in Canada decreased from 4685 in 2018 to 3244 in 2019 . The low supply coupled with the high demand is a great opportunity for you to pounce on and make profits. With oil drilling, you won't only be getting profits, but you’ll also benefit the overall economy. Continue reading to find out some benefits of drilling oil. Creates Employment Opportunities It's no secret that the pandemic has increased unemployment rates in Canada . One of the best way to tackle this problem is to set up industries that can employ several people. Setting up an oil rig is an excellent way to do just that. A single oil rig employs hundreds and thousands of workers and pays them well too. Decrease Dependence On Oil Imports Canada has been relying on oil imports from the US and Saudi Arabia  for far too long. With the transport costs and the customs duties, it's no surprise that oil prices skyrocket. This is w

Types of Gauges and their Functions

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Gauges  are tools that help you determine the amount  of pressure in a fluid, such as gas or liquid. They can also tell you if the pressure is increasing or decreasing and by how much. Different types of gauges measure different things and give you different information like pressure gauges  measure pressure, and industrial gauges  help technicians in their work. Gauges are widely used in today's technology. They started as instruments that measure pressure. Today, there are many types of gauges that you would come across practically everywhere. The most common ones include tong torque gauges , coil tubing gauges , pressure gauges,  and industrial gauges . This article will go over all types of gauges and their functions to help you understand how gauges work. 1.  Tong Torque Gauges The tong torque gauge  is a portable and easy-to-use tool that helps in measuring angular or linear force. The device works using a spring-loaded mechanism that allows the user to apply adequate force o