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Oil and Gas Production

The Top Oil And Gas Producers in The World

Oil provides money to countries that have sufficient oil reserves to produce more oil than they use. Furthermore, oil costs must be incorporated into national budgets for countries that rely significantly on imports. Unsurprisingly, events like instability in oil-producing countries, new oil field discoveries, and breakthroughs in extraction technology significantly impact the oil sector. Most …

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What is the Difference Between a Drill Pipe and a Drill Collar?

Those in the oil drilling industry need industrial drill pipes and collars they can rely on. These key players in a drill string make drilling possible. What are drill pipes and collars, and how do they work in tandem to drill oil? How Oil Drilling Works Drilling oil is a labor-intensive process, requiring hundreds of …

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