Slickline News

Here you will find latest news from around the world regarding Slickline/Wireline products.

RSS Oil News from Oil-price.net

  • Stable oil prices herald sea change for Strategic Petroleum Reserve
    Strategic Petroleum Reserve (SPR) is a repository of crude oil for emergency purposes built primarily in countries dependent on oil imports. Stored in four deep underground salt caverns along Texas and Louisiana Gulf coasts, SPR in the US is the world's largest. Its intended purpose is to cushion against sudden shocks in the oil market. […]
  • Impact of Hurricanes on oil prices
    Harvey, making landfall as a Category 4 hurricane, battered southeast Texas a few days ago. Though downgraded to a tropical storm later on, it left a trail of massive destruction including loss of lives, in its wake. With many parts receiving more than fifty inches of rain, Houston, the fourth largest city in the US, […]
  • Thank finance for sharp oil price decline
    Already, crude oil prices are down by well more than 18% compared to early 2017. Oil production has risen in countries like Libya and Nigeria. Quite naturally, with above 'target' production in Saudi Arabia too, oil supply rose by 720,000 barrels a day across the world including 340,000 barrels a day in OPEC countries this […]
  • Shale producers won OPEC's oil price war
    Some wars are fought on the sidelines. They too are full of ideas, intrigue and bravado. Some backfire thoroughly. The Saudis took a brunt of it in their war with shale. In the US, after the peak oil production of early seventies, the oil industry went into a limbo. It even looked like the US […]
Oil Prices Set to Rise in 2017

Oil Prices Set to Rise in 2017

2016 saw a prolonged period of low priced oil. 2017 looks like seeing a return to something close to the moving 10 year average and perhaps an increase to above average prices later in the year.

United States Predicts Oil Market recovery In 2017

United States Predicts Oil Market recovery In 2017

The situation regarding the cost of oil and its impact on world economies there is depending on who you speak to. Economists seem to be cautious, claiming that new oil fields predicted to begin production in the next two years could exacerbate an already overflowing...

The Effect of Low Oil Prices On International Trade

The Effect of Low Oil Prices On International Trade

Any major change in the price of oil will have a significant effect on the world economy. The recent drop in oil prices from over $100 in mid 2014 to less than $50 in recent times has affected the trade balances of major oil producers and consumers. While the oil...

ZERON 100 The Cost Effective Solution

An eminent operator in the Far East has changed all alloy wireline work to Webster and Horsfall Slick ZERON 100HS wires after only 2 years of use. The change came about after usage data showed that the ZERON 100HS wires gave in excess of 3 times the life over other...

New Drilling Announced By Norway

New Drilling Announced By Norway

On the 18th of May, 2016, Norway awarded ten new licenses to thirteen oil exploration companies in its 23rd oil licensing round. Among the selected companies that were given the green light to drill gas and oil in the new sites are two great UK oil explorers, mid-cap...

Slickline, Braided Line, and E- Line

Slickline, Braided Line, and E- Line

Slickline – single strand wire that is made of Mild steel. Sizes range from 0.072” to >0.125.” Braided Line – multiple strand wire braided to form a single cable that is also non-Conducting. Electric Line (E-Line) – this is a multiple stand wire armor cable around...

Global Steel Wire Industry Report

Global Steel Wire Industry Report

The Global Steel Wire Rope Industry 2016 Market Research Report is a professional and in-depth study on the current state of the Steel Wire Rope industry. Firstly, the report provides a basic overview of the industry including definitions, classifications,...

Weald Basin Oil Reserves Discussed

Weald Basin Oil Reserves Discussed

An exploration firm has announced the discovery of billions of barrels of oil reserves at a site near Gatwick airport. UK Oil & Gas Investments (UKOG) said drilling of the 55-square mile site at the Weald Basin had discovered 158 million barrels per square mile....

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