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Is This The Beginning Of The End For Texas Oil?
Is This The Beginning Of The End For Texas Oil?
Time of issue : 2020-03-20 09:38:00
In a rather revealing slide from the Dallas Fed survey, the average price that a driller needs to simply cover operating expenses (let alone earn a return) ranged from $23 in the Eagle Ford to $36 in “other” shale basins. In other words, with WTI currently trading below $25 per barrel, the “average” shale driller is not even covering the cost of keeping shale wells online.
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Oilway resume the production capacity
Oilway resume the production capacity
Time of issue : 2020-02-26 12:59:00
Our people returned to the work on 12-Feb,that is 3 weeks delayed than usual due to the COVID-19. With more and more workers back to the workshops, it is good to see our production capacity has been fully recovered on 28-Feb to meet the requirement from domestic and overseas clients.
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API 6D Audit
API 6D Audit
Time of issue : 2020-03-23 12:59:00
We are working with the API6D audit team to resume the API6D monogram, as it will expired on June 15 2020, Now everything goes well!
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Add:NO.98 New century Road,Jianyang Petroleum equipment industry Zone,Jianhu Country,Jiangsu province,China. 

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