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Oil and Gas Leaders Need to Adopt a New Mindset, Says Recent Study

June 3, 2021

Every oil and gas company across the nation – the globe – will remember 2020 as the year that changed everything. Industry leaders began the year in a state of urgency, faced challenges that have been building for years, and finished it with more questions than there were at the start.

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Categories: Business Trends, Oil Factoring

How Has Covid-19 Affected the Oil and Gas Industry?

March 4, 2021

To say the global oil and gas industry is large would be a gross understatement – it is massive. The oil and gas drilling sector alone makes up around 3.8% of the global economy.

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Categories: Business Factoring Services, Oil Factoring

How to Overcome Debt for Your Oil & Gas Company with Factoring

August 26, 2020

While every industry has its challenges, the oil and gas industry is arguably one of the toughest to operate in smoothly for a variety of reasons.

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Categories: Business Factoring Services, Oil Factoring

What is the Long-Term Impact of the Coronavirus on the Oil and Gas Industry?

April 28, 2020

The impact of COVID-19 on the oil and gas industry has already been profound, with major oil companies announcing steep cuts in capital and oil prices plunging into negative territory for the first time in U.S. history. However, the full implications are only just beginning to unfold.

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Categories: Oil Factoring

5 Top Things to Expect from the Oil and Gas Industry 2020

March 18, 2020

Following a year of pipeline capacity constraints and delayed pipeline projects, 2019 became the year of rapid expansion and increased production. The hot topic of “bottlenecks” faded and massive pipeline projects stole the limelight.

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Categories: Oil Factoring

Permian Basin Production Spurs 5 New Oil Pipeline Projects

August 22, 2019

Despite the pipeline capacity constraints and delayed pipeline projects experienced last year, U.S. oil production keeps accelerating towards new highs. Production has been especially strong in the Permian Basin on both the New Mexico and Texas sides.

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Categories: Oil Factoring

AI Helping Oil and Gas Operators Improve Accuracy and Save Resources

August 8, 2019

Thanks to a new AI framework, energy firms are now able to dive even deeper and look more than a kilometer beneath the surface with greater accuracy.

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Categories: Oil Factoring

5 Ways Invoice Factoring Can Help Your Oilfield Company

July 11, 2019

With the explosive growth of the Permian Basin, there seems to be a plethora of mergers taking place as oil companies rush to secure larger contiguous space to drill longer horizontal wells.

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Categories: Oil Factoring

Oil and Gas Industry Outlook: Reviewing 5 Trends and Predictions for 2019

June 13, 2019

With Q1 2019 already behind us, now is the perfect time to review the trends, opportunities, and predictions made at the close of 2018.

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Categories: Oil Factoring

New Oil and Gas Pipelines Coming to Texas to Ease Permian Bottlenecks

May 9, 2019

According to new reports, two more pipeline projects are on track to go into service by the end of 2019.

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Categories: Oil Factoring

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