The Best Oil Rig Equipment You’ll Need to Get Started
Though you see oil and gas stock go up and down, it remains one of the biggest, most stable industries to be a part of.
Subsea hydraulics engineer Ryan Carlyle told Forbes: “There is no doubt in my mind whatsoever that modern civilization would collapse in a matter of months if oil stopped flowing. Oil is about as important to the developed world as agriculture.”
Buy or rent your oil rig equipment?
New to the action? As with any new venture, expect to learn a lot as you’re figuring out how to get started.
Between sorting out which wind turbine brakes are best, what industrial clutches will operate most smoothly, which crane brakes will be safest, and the hydraulic brakes that will be most long-lasting, you’ve got your work cut out for you.
Fortunately, you don’t have to reinvent the wheel; plenty of resources are at your disposal.
Of course, you want the best oil rig equipment.
But will you buy or rent it? You’ve really got to start here.
Here’s what to consider:
If you’re going to use the equipment long-term, buying is your most cost-effective option.
A spokesperson for Clayton-Williams told Reuters that “Owning our own rigs helps control our cost structure and provides us flexibility to take advantage of drilling opportunities on a timely basis.”
If you have already made the investment, the equipment will be on-hand so that you can take advantage of whatever opportunity presents itself.
Repairs, upgrades, and inspections
But, whether you rent or buy, you’ll need to ensure that you’re working with a vendor that will give you quick, if not immediate, access to all the necessary supplies and equipment–otherwise, you’ll lose valuable time.
Go with a vendor who possesses a thriving OEM and aftermarket segment and can design custom products, as well as recondition/retrofit your existing equipment.
Maintenance, repairs, and upgrades are a top priority when dealing with any industrial equipment.
For example, expect to perform–or hire someone to perform–frequent, vigorous inspections of overhead cranes.
Also, expect to regularly upgrade your emergency caliper disc brakes and storm and parking brakes. Check this list for a better idea of maintenance you’ll need to routinely perform.
Brakes and Clutches
The need for industrial brakes and industrial clutches is skyrocketing. You won’t find them only in the oil rig business, but in food and beverage production, various types of mining, paper, tool manufacture–basically in any industry that relies on heavy machinery.
In fact, Global Industry Analysts, Inc. estimates that the “global market for industrial brakes & clutches is projected to reach US$927.8 million by 2020.”
Make sure you go with a supplier on the cutting edge.
For instance, not to knock the oil business, but it’s no secret that offshore drilling isn’t what it once was, and is, in many places, being supplemented or replaced by wind energy.
And in any type of crane application, crane brakes and hoist brakes, and hydraulic brakes are essential for the safety of your operation.
Made in the USA?
For business to business (B2B) customers, you bet this is the way to go. Better service, faster arrivals, and higher quality. Only Made in America.