Remove Casing Remove Gas Remove Mechanic
article thumbnail

What are the Different Types of OCTG Pipes Used in the Oil and Gas Industry?

DIC Oil Tools

OCTG, Oil Country Tubular Goods , are essential parts of the oil and gas industry. When it comes to the production, exploration, and transportation of oil and gas resources, OCTG are an absolute necessity. These tubular products are built to withstand cruel conditions in the oil and gas industry. What are OCTG Pipes?

Oil 52
article thumbnail

Crossover & Sub For Oil and Gas Industry

DIC Oil Tools

We supply a complete range of pipe protection equipment and other oil and gas equipment with the highest quality standards in the industry. Crossover & Sub is used to describe a mechanical component with threaded connections. DIC is a Supplier of Crossover & Sub Worldwide. DIC Oil Tools is a Brand by a Dedicated Impex Company.

Oil 52
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Generic vs Domain-Specific AI in Oil & Gas: What Really Works?

Novi

Heres the audio recap AI-in-Oil-Gas_-Generic-vs Let’s talk about something costing operators millions: the choice between generic AI and purpose-built AI solutions for oil & gas. Why Generic AI Falls Short in the Oil & Gas Industry Let’s understand why generic AI struggles to solve oil and gas problems.

Oil 52
article thumbnail

Texas Supreme Court Holds that Add-Back Provision in Oil and Gas Lease Required Royalties to be Paid on Prices in Excess of the Producers’ Gross Proceeds

The Energy Law

The lessees owned working interests in certain oil and gas leases that were executed in 2007. Sheppard , — S.W.3d 20-0904, 2023 WL 2438927 (Tex. The leases contained the following royalty provisions: 3. NationsBank”, 939 S.W.2d 2d 118 (Tex. 1996) and “Judice v. Mewbourne Oil Co.”, 2d [133,] 135-36 (Tex.

Royalty 98
article thumbnail

Struggling With Underperforming Gas Lift Wells?

OilPro

The LiftPlus system is a positive displacement pump which is not actuated mechanically with sucker rods. When compared to SAGD wells on gas lift, we expect the LiftPlus system will use approximately 50%-65% less gas to produce the same or more emulsion. Why consider LiftPlus for your artificial lift applications?

Gas 40
article thumbnail

Third Circuit Issues Long-Awaited Ruling in OPA Liability Case

The Energy Law

Procedural History The case was originally tried in a forty-one day bench trial by Judge John P. This raises a dire warning to defendants in cases involving subrogated claims. 2607(d)(2)(B), limited its liability in the case to the same extent as Frescati’s (which had been limited to approximately $45 million).

Casing 40
article thumbnail

Operators May Earn and Sell Carbon Credits for the P&A of Inactive, Shut-in, or Temporarily Abandoned Wells

The Energy Law

The carbon credit market continues to evolve as oil and gas companies face increasingly stringent regulations to reduce greenhouse gas emissions. The EPA estimates that there are over 3 million known abandoned and orphaned oil and gas wells (AOOG wells) in the United States. million vehicles per year. Additionality.