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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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We remain fully committed to our drilling customer’s success and operational efficiency by understanding your needs and responding quickly and accurately.

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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

  • Santos has brought in a fourth drilling rig to strengthen its gas development program in the Cooper basin. The rig is scheduled to drill eight wells by yearend, beginning with four deviated wells in Big Lake field in South Australia. This will be followed by four appraisal wells in Moomba South field.

  • Execution of upstream oil and gas projects is improving, says a new study by Wood Mackenzie. Midsize to large projects in growing numbers have been delivered on target during the past 12 months.

  • Light, sweet crude oil prices for September delivery dropped moderately on the New York market Aug. 13 while the Brent contract for October also fell in London after the Organization of Petroleum Exporting Countries said the cartel’s production rose in July.