DIC Oil Tools

JULY 10, 2024

DIC Oil Tools is one of the leading Suppliers of Drill Pipes for the oil and gas industry. At DIC Oil Tools, we only use the most durable materials available for OCTG and drill pipe manufacturers. Let’s delve into what makes drill pipes so crucial and how they contribute to this complex process.

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Oil Drilling rig Gas Exploration and Production 52

Aresco

FEBRUARY 5, 2024

Tangible Drilling Costs (TDC) are expenses associated with the physical aspects of drilling for oil and natural gas. These costs are directly related to the actual drilling operations and typically represent a significant portion of the overall expenses in oil and gas exploration and production.

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Drilling rig Oil Exploration and Production Gas 52

DIC Oil Tools

JULY 13, 2024

DIC Oil Tools is a Brand by a Dedicated Impex Company. Premium connections, unlike regular ones, utilize precisely engineered threads and meticulously constructed seals within tight tolerances. Therefore, it is crucial to protect the tubing all the way to the rig floor, primarily using thread protectors.

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Aresco

NOVEMBER 30, 2023

Intangible Drilling Costs (IDCs) play a crucial role in oil and gas investments, offering significant tax advantages that can enhance profitability for investors. These costs cover expenses that arent tied to physical equipment but are essential to drilling operations, such as labor, fuel, and site preparation.

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Oil Gas Leads

MARCH 11, 2025

For instance, one rig might report, TOOH f/xxx to BHA, while another writes, TOOH for DTF f/xxx. These inconsistencies make it difficult to compare performance across different wells and rigs. Without a standardized format for trips, drilling, rig moves, and downtime, cross-referencing and troubleshooting issues become much harder.

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