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Paramount maintains a large selection of pipe handling tools, equipment, and parts in order to rapidly meet our customer’s requirements and expectations. 

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Authorized distributor of Forum Energy Technologies / Access Oil Tools (AOT) pipe handling tools, equipment, and parts.

Forum Energy Technologies

Rigzone.com: Latest Headlines

Oil and Gas Journal: Drilling News

  • Operators implemented technology to rapidly increase Permian basin production and they are poised to continue increasing Permian production. But Wood Mackenzie Ltd. suggests geological constraints could lead to long-term production growth declines, perhaps early next decade.

  • Crude oil output from the seven major US onshore producing regions is forecast to increase 79,000 b/d month-over-month in October to 6.083 million b/d, the US Energy Information Administration said in its latest monthly Drilling Productivity Report.

  • A possible resumption of Niger Delta militancy threatens a 5-month recovery in oil production in Nigeria, one of two wildcard members of the Organization of Petroleum Exporting Countries warns an analyst at Verisk Maplecroft, Bath, UK.