Oilfield Equipment : Are you buying form a Factory?
September 4th, 2009
Why is it a good idea to buy equipment from the factory?
You should be buying your equipment direct from the factory. One that comes to mind of course, getting the best price on the product. The best price is all ways going to be direct from the factory. The dealer you might be buying form needs money all so. They are not going to be doing it for freeWho works for free?. But do you need to be paying for this? Will you competition be paying for this? It is a competitive market and everyone wants to make money.
Next what happens when that dealer does not pay the factory. They could still sell the product to you and not pay the factory for the remainder of the product. That means the factory may have the ability to come and reposes your oilfield equipment. Just a few items to think about.
Oilfield Equipment : Where are you buying from?
August 22nd, 2009
Why is it a good idea to buy oilfield equipment from the factory?
You should be buying your equipment direct from the factory. Are you getting the best price on your equipment?. You can not get a better deal than going direct to the factory. The Dealer that you are currently buying form all ways has to mark up that product. Who works for free?. But do you need to be paying for this? Will you competition be paying for this? Every one in the business want to make money, make sure you are to.
Next what happens when that dealer does not pay the factory. If they are not paying for it the factory may have the ability to come and get their equipment back form you. That means the factory may have the ability to come and reposes your oilfield equipment. Just a few tips to keep in mind
Oil Well Pump Unit Or Pump Jack Its All Oilfield Equipment
August 16th, 2009
what is that nodding donkey doing in that field?
Well those are what we call a Pump Jack or a Oil Well Pump Unit. They are used to pump oil of a hole. The oil well can be as deep as 15,000 feet or as shallow as about one hundred feet. The cost associated with the oil well are depend on how deep it is. A well that is about fifteen thousand is going to be very expensive and required special oilfield equipment to get that far down. Compared to a well that is only one hundred feet deep. The cost can get really high for instances a drilling rig per day fee can be about twenty four thousand. give it 3 week and you are looking at a cost of half a million dollars.
So if you think about it, they must be really getting a lot of money, for the oil coming out of that well. A lot of it is a gamble. They really don’t know exactly about what is below. There are no grantees on what the well will do.So you don’t even know if it will pay for the Oilfield Equipment But lets say a oil well is producing one hundred barrels a day. At the current rate for oil at 70 a barrel, they would be making about $7000 a day. Give it a thirty days and you really start getting your cost back. Of course this is just a short example, It can get real complicated.
OCTG Casing Mud Pump Oilfield equipment And The Supply Store
August 9th, 2009
Tips for buying Oilfield tubing and casing. There are many places to purchase your casing and tubing. The most likely place people look is their local supply shop for octg casing. This is very easy and a lot of people do purchase from them. You can pick it up that day. The only problem with this is that the cost is usually very high. You may not notice this because you may have not looked around at oilfield equipment stores.
This next place people look and usually can find the price on the equipment a little less than the local equipment supply is a larger regional store. The larger regional store will have a better price than the local store but it is going to be less convent to purchase. You really are going to be driven or having it shipped in at that will increase the price on the product. This can really add up if lets say you are buying a mud pump and having is trucked 1200 miles. The price on this trucking is really going to increase depending on the gas price