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Current rig count for August 2019

Current Active Drilling Rigs – October 2019

October 23, 2019

October 2019 Current Active Drilling Rigs The Baker Hughes rig count report shows 851 active drilling rigs in the US…

owner of a oilfield service company uses invoice factoring

Tips for Starting an Oilfield Service Company

May 22, 2019

Many experienced oilfield hands have the dream of running their own company. Starting a new oilfield business is an exciting…

Financing options for oilfield service companies

4 Ways to Finance Your Oilfield Service Company

March 12, 2019

Oilfield services companies need cash to operate. Meeting payroll, purchasing supplies, and normal business expenses all require having cash available….

Oilfield contractors benefit from invoice factoring

The Top Benefits of Invoice Factoring for Oilfield Contractors

February 26, 2019

Oilfield contractors and service companies go through cash quickly. Having a source of consistent cash flow is a key element to…

Surviving in the Oilfield Business

October 29, 2018

Working in the oil business is not for everyone. Is there potential for big money? Yes, but not every start-up…

Robots are changing the oilfield and oil rigs

Robots Could Change the Oilfield

September 20, 2018

Robotics and automation will disrupt nearly every industry in the coming years, from customer service to shipping and logistics to…

9 interesting facts about oil

9 Interesting Facts about Oil

August 24, 2018

Oil and oil products are part of everyone’s daily activities. From fuel to cosmetics to appliances, there are thousands of…

survive and thrive in the oil industry

How to Survive and Thrive in the Oil Industry

August 7, 2018

Boom and bust cycles of the oil market create challenges and opportunities for oilfield service companies. Knowing how to survive…

duc well oilfield

DUC Wells – Exploring the Opportunities

July 31, 2018

Most oilfield contractors and suppliers are familiar with or have at least heard of DUC wells. There are tremendous opportunities…

top Canadian oilfield websites

Top Canadian Oilfield Websites

July 26, 2018

In Canada, the oil and gas industry is a crucial part of the nation’s economy. Oilfield service and supply companies use many…