Buckle in…a roller coaster ain’t got nothin’ on oil prices

Falling oil prices

 

Oil prices have always provided our industry with a bumpy ride, but 2015 and 2016 have made us buckle in a bit tighter. The low price of oil has been, to say the least, extremely frustrating — and not just for everyone working in the oil patch. Much of North America has felt the impact.

Everyone is asking, how long can the downturn go on? Will the price recover soon?

So we asked Andrew Bradford, oilfield services analyst with Raymond James, those questions. He is one of the Canada’s leading industry experts in oilfield services.

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4 big safety questions answered

This is the first post in Trinidad’s “Focus on safety” blog series.

Trinidad Drilling’s Bradley Huber discusses health and safety best practices at the Oil and Gas Awards Industry Summit.
Trinidad Drilling’s Bradley Huber, far left, discusses health and safety best practices at the Oil and Gas Awards Industry Summit.

When the market slumps, does safety get pinched? Do companies only strive to meet the minimum standards?

These were some of the critical questions discussed last week at the Oil and Gas Awards Industry Summit in Calgary. Trinidad Drilling’s Bradley Huber, General Manager of HSE for our Canadian drilling division, was a member of the health and safety panel that addressed some of these pressing topics.

Here are some of the insights Huber shared during the discussion. Continue reading