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All Hail King Data 2015 November-December OILMAN Publisher 

All Hail King Data

Letter from the Publisher Luke McDonald Our industry continues to invest in the future despite the price of WTI and Brent Crude hovering around $45 per barrel for what has seemed like an eternity. Increases in U.S. rig counts, equipment, staff, and operating budgets have been replaced (and rightfully so) by investments in streamlined processes – all in preparation for... Read More
Global Oil Prices Dictated by Many Different Players 2015 November-December Don Briggs Louisiana 

Global Oil Prices Dictated by Many Different Players

By Don Briggs Famed country singer, Kenny Rogers, said it best, “You’ve got to know when to hold’em, know when to fold’em.” His melodic reference to a card game is a great example of today’s oil climate. Several players now sit at the global oil table awaiting the next move. OPEC (the Organization of Petroleum Exporting Countries), Russia, the U.S.... Read More
Strategies to Weather OFS Industry Ups and Downs and Emerge Stronger 2015 November-December 

Strategies to Weather OFS Industry Ups and Downs and Emerge Stronger

By Dennis R. Smith Everywhere you look, the news is sobering, but industry experts remain confident that the oilfield can lower its cost structure and weather the downturn. We hear the same from our clients and see some companies making smart decisions to remain on top. The following strategies are being used successfully to expand revenue, reduce costs and improve... Read More
Driving Simulator Helps Curb Vehicular Accident Exposure 2015 November-December 

Driving Simulator Helps Curb Vehicular Accident Exposure

By Richard Perkins The demands of some oil and gas professions include a willingness to remain on call and travel anywhere at a moment’s notice, to remote locations and offshore. Truckers, hot shot drivers, crew change services, superintendents and foremen may be called upon at any time to travel distances on rural routes and winding coastal roads. Motor vehicle accidents... Read More
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