When we talk about the oilfield industry, the first thing that comes to many people’s minds is the huge ocean and the men wearing yellow hats operating the off-shore. As we all perfectly know, we derive our fuel from oil. However, it is not as easy and the process is more complex than we think. When you ask people something about fuel, the main thing that will come out of their mouth is Petronas, Shell or Caltex as what they are familiar with. If you are not familiar with the oil and gas business in general, you are probably unaware of how does an oilfield service company work.
If you are wondering about what is an oilfield service company and how it works, you can through this article to find out more information.
What is an Oilfield Service Company?
As its name suggests, all products and services involved in the process of producing and exploring are referred to as the oilfield services industry. These oilfield businesses are primarily involved in the process of repairing, maintaining and manufacturing the oil production and transportation equipment. An oilfield company provide services that help repair and maintain oilfield equipment, as well as help in the extraction and transportation of the oil, such as the oilfield services in Kemaman. In simpler words, the oil and gas industry is served by this oilfield service company. Nevertheless, oil field service companies do not normally produce petroleum.
When looking for oil or gas, oilfield equipment is required for various types of drilling as well as excavating processes. These various equipment include solids and well Control equipment, drilling or workover rig, various types of pumps, oilfield trucks and machinery, premix tanks, mud pumps, pump containments, manifolds, pipe racks, and other oilfield equipment that may be found on a project site.
What Services Does an Oilfield Company Offer?
Identification of oil and gas, well construction, oil and gas production, completion services, as well as drilling and production evaluation, are all services provided by oilfield services companies. It is undeniable that when most people think of an oilfield services company, they think of transportation services, oil well building, production, and completion services as well as directional operations for horizontal drilling companies. However, the oilfield service company provide a vast range of services, including numerous technology-based services that are critical to ensuring the success of the company’s operations.
The oil and gas business would not be as profitable and efficient if oilfield service companies were not present in the industry to help. The need for oil is never-ending and will keep increasing year by year, and in order to meet the demand, the search for and extraction of oil should also be increased every day, every month and every year. There are so many jobs and procedures involved in extraction and production, as mentioned before, that it takes thousands of oilfield workers to bring a ton of oil production to help market the industry. In another word, the oil and gas sector would be inefficient and slow without oilfield service companies to help in the industry.