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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.

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Rigzone.com: Latest Headlines

Oil and Gas Journal: Drilling News

  • The US Bureau of Land Management issued a final waste prevention, or venting and flaring, rule for oil and gas operations on land that it oversees. “Sadly, the flawed 2016 rule was a radical assertion of legal authority that stood in stark contrast to the longstanding understanding of Interior’s own lawyers,” Deputy Interior Sec. David Bernhardt said on Sept 18.

  • Elixir Petroleum Ltd., Perth, has signed a production-sharing contract for the Nomgon IX coalbed methane project in the Gobi Desert of southern Mongolia. The PSC was signed by Golden Horde Ltd., a private company in South Australia established in 2011 with the sole purpose of building a CBM project in Mongolia.

  • Greenvale Energy Ltd., Sydney, has appointed consulting firm SRK Consulting (Australasia) Pty. Ltd. to progress development of the Alpha oil shale project in central Queensland inland from Rockhampton using a radio frequency (RF) microwave extraction technique.