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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

  • Differences in terminology and oversight approaches have created marked gaps in government regulation of growing unconventional oil and gas activity in the US, a research team of four graduate students at Johns Hopkins University’s School for Advanced International Studies reported on Apr. 19. The discrepancies potentially could cause problems for work crews and nearby communities’ water supplies, they warned.

  • The US drilling rig count gained another 5 units to reach 1,013 during the week ended Apr. 20, data from Baker Hughes indicate. The report shows an overall increase of 156 units from year-ago levels.

  • US Senate Energy and Natural Resources Committee Ranking Minority Member Maria E. Cantwell (D-Wash.), joined by 15 other Democrats and Bernie Sanders (I-Vt.), introduced legislation to codify two offshore safety and environmental rules the US Department of the Interior finalized in 2016 following the 2010 Macondo deepwater well blowout and subsequent crude oil spill.