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LATEST HAIGE NEWS
Drill Pipe Float Valves Make Drilling Safe and Efficient
Drilling Operations In the complex world of oil and gas drilling, even the smallest components play a crucial role in ensuring smooth operations. Among these, the float valve stands out as a vital tool for maintaining well control, protecting the bottom hole assembly (BHA), and improving overall drilling [...]
Advantages of Zirconia Ceramic Liners
Reduced Maintenance Costs The durability of zirconia liners translates to lower maintenance requirements. Their resistance to wear and corrosion reduces the need for frequent replacements, resulting in significant cost savings over the lifecycle of the mud pump. Improved Efficiency Zirconia's smooth surface minimizes friction within the mud [...]
Advantages of Zirconia Ceramic Liners
Why are Zirconia Ceramic Liners preferred for Mud Pumps drilling in the oil and gas industry? Equipment durability and efficiency are critical to maintaining smooth operations and reducing downtime in the demanding oil and gas drilling environment. The Mud Pump Liner is a key component of a drilling rig that benefits [...]
Rystad Energy: 2021 could offer a window of opportunity for producers
The Covid-19 pandemic has devasted crude and condensate demand in 2021, creating massive supply surpluses and filling up inventories, causing producers to slash their output in order to keep prices at somewhat profitable levels. Rystad Energy’s latest balances, however, show that 2021 could offer producers a window [...]
Stronger Oil Curve Points to Cushing Glut Relief
(Bloomberg) -- Oil stockpiles at America’s largest storage hub are set to unwind with the market showing real signs of strength for the first time since the pandemic crushed global demand. Crude stockpiles in Cushing, Oklahoma, the delivery point for West Texas Intermediate futures, fell to about [...]
Oil Down on Signs of OPEC+ Discord
(Bloomberg) -- Oil dropped below $45 a barrel as a consensus within OPEC+ to postpone an output hike planned for January remained elusive ahead of a meeting of the cartel’s power brokers later on Monday. Futures in New York declined 1.8%. Most participants in an informal discussion [...]