Over the past month, oil prices trended downward. On February 24th prices closed at $76.32. Prices hit a high of…
Owners and operators of oilfield services companies use the internet to stay up to date on industry news, research new…
Maybe. Or, to borrow from some people’s relationship status on Facebook, it’s complicated. Ramping up domestic production can take weeks…
Many experienced oilfield hands have the dream of running their own company. Starting a new oilfield business is an exciting…
Oilfield services companies need cash to operate. Meeting payroll, purchasing supplies, and normal business expenses all require having cash available….
Oilfield contractors and service companies go through cash quickly. Having a source of consistent cash flow is a key element to…
Working in the oil business is not for everyone. Is there potential for big money? Yes, but not every start-up…
Robotics and automation will disrupt nearly every industry in the coming years, from customer service to shipping and logistics to…
Oil and oil products are part of everyone’s daily activities. From fuel to cosmetics to appliances, there are thousands of…
Boom and bust cycles of the oil market create challenges and opportunities for oilfield service companies. Knowing how to survive…