Monthly Archives: March 2015


Exxon to Heavily Invest in U.S. Shale With 16 New Drilling Projects

Exxon to Heavily Invest in U.S. Shale With 16 New Drilling Projects

On Wednesday, March 4, Exxon Mobil Corp. announced an ambitious long-term plan to invest heavily in the shale fields of Texas, North Dakota and Oklahoma as a means to spur revival throughout the oil and gas industry. According to the Dallas Business Journal, Exxon, the world’s largest oil company, plans to start 16 new oil and gas projects throughout the next three years, regardless of...

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Why U.S. Shale is More Resilient Than You Think

Why U.S. Shale is More Resilient Than You Think

News of oil and gas’ alleged demise continue to emblazon headlines around the world — but when it comes to the long-term picture, this industry might be much more resilient and capable of growth than previously thought possible. According to a March 15 Financial Times article, U.S. oil drilling rig systems have already begun to level off after the decline that began last summer, rather...

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Dragon Products, LTD Now Offering RANCO Anvil Aluminum End Dump Trailers

Dragon Products, LTD adds RANCO Anvil Aluminum End Dump Trailers to its line-up of comprehensive oilfield equipment, continuing to give customers the best selection available LaPorte, TX — Dragon Products, LTD, an industrial equipment manufacturer specializing in oil and gas drilling products, has announced that it will sell the RANCO Anvil Aluminum End Dump Trailer starting March 10, 2015. According to Todd Henning, Vice President...

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Sunoco Report: Pennsylvania Could Get $4.2 Billion Boost From Marcellus Shale

Sunoco Report: Pennsylvania Could Get $4.2 Billion Boost From Marcellus Shale

A new report from Sunoco Logistics reveals that the presence of oil and gas production rigs along the Marcellus Shale could pump as much as $4.2 billion in investments into the Pennsylvania state economy. According to a February 6 Mercury News article, the study found that the two planned phases of the Mariner East pipeline project, which will drill the Marcellus Shale’s rich reserves, will...

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A Beginner’s Guide to Oil Drilling Equipment

A Beginner’s Guide to Oil Drilling Equipment

The American oil and gas industry plays a huge role in our everyday lives and in the national economy. This industry employs 9.8 million Americans — a number that continues to grow — and makes up approximately 8% of the U.S. economy. And with global proved oil reserves growing by an amazing 27% over the last decade, the market for oil and gas is showing...

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