Oil and gas field services companies

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What are the top US oil companies? What is an oil field service company? This is a list of oilfield service companies – notable companies that provide services to the petroleum exploration and production industry but do not typically produce petroleum.

In the list, notable subsidiary companies and divisions are listed as sub-lists of their current parent companies. Oilfield services companies provide the products and services necessary to construct, complete and produce oil and gas wells. Companies range from giant Schlumberger, whose divisions provide nine out of products and services needed to explore, develop and produce an oil and gas basin, to a single, service company like Geolog, specializing in surface data logging for international and. Range is focusing on two shale plays, the Pennsylvanian and Wolfcamp shales in west Texas, both with an oil focus, Marcellus Shale and coal bed methane, tight gas sand and shale development.

The US oil and gas field services industry includes about 10establishments (single-location companies and units of multi-location companies ) with combined annual revenue of about $billion, according to the most recent Economic Census. Some companies in the industry provide drilling services , but oil and gas well drilling is covered in a separate industry profile. Companies in this industry support oil and gas field operations on a contract basis.

Major companies include Baker Hughes, China Oilfield Services , Halliburton, Nabors Industries, National Oilwell Varco, Saipem, Schlumberger, Transocean, and Weatherford International. Upstream, or exploration and production (EP) companies , find reservoirs and drill oil and gas wells.

In regards to oilfield services the company provides the full range including. The company are involved in everything from enhanced oil recovery to deepwater offshore drilling and the excavation of heavy oil. Weatherford International Weatherford International provide products and services for drilling, evaluation, completion, production and intervention of oil and natural gas wells. Purchase this report or a membership to unlock the average company profit margin for this industry. While their services and products continue to be crucial to the industry, they may need to restructure their businesses and change their operating models to ensure long-term.

The oilfield services industry moves to an agile and adaptive future. As oil and gas service provider Bakers Hughes has reveale field service has a significant role to play here. The business claims that due to an improvement in technician efficiency and performance, “the Turbomachinery department drove nearly $million in cost savings. That was just one department. The activity in the oil and gas field –based renewable energy space is at what we call the ‘early adopter stage.

However, use has expanded to national oil companies , independent exploration and production. International oil companies have been leading the way in the utilisation of field -based renewables. Oil - field equipment and services is a catch-all term for any company that deals with the oil and gas exploration and production process. In general, these companies manufacture, repair and maintain equipment used in drilling, but they’re also constantly working on new drilling techniques, technological advances and oil and gas discoveries.

The CARES Act stimulus package is good news for natural resources companies , many of which have been struggling with low oil prices, which the pandemic has further exacerbated. Burullus Gas Company activities include gas field development, exploration drilling, seismic surveys and studies. Centurion Energy International Inc.

Microsoft, Sopris and Trenegy teamed up to create this webinar series for oilfield services companies. Each event is designed to help you better understand how oil and gas services companies around the globe are transforming successfully with a platform-centric business model built on the Microsoft cloud and Dynamics 365.

Select one or more to. Benton Completion Services , Inc. We are international traders with over years’ worth of experience. Oil service firms make money when high demand for crude oil is. Our company focuses on trading oil and gas globally, striving to offer our buyers the best possible prices, and at the same time renders high quality industrial services.

We’ve completed projects across states, and are always looking for opportunities to build solid relationships with great companies. Venture Oilfield Services Ltd is a privately company owned and managed by Experienced Engineers.