How to Reuse the Old / Used Equipment in 2016
As we all know, from end of 2014, oil companies, drilling contractors, keep firing people, keep more used rigs, equipments in stock, as there is no project. You generally can identify forward-looking statements by the words “anticipate,” “believe,” budgeted,” “continue,” “could,” “estimate,” “expect,” “forecast,” “goal,” “intend,” “may,” “objective,” “plan,” “potential,” “predict,” “projection,” “scheduled,” “should,” or other similar words. Such statements are inherently subject to risks and uncertainties, including, but not limited to, those relating to the worldwide economic downturn, adverse market conditions and assessments, availability of financing, the Company’s dependence on its exploratory drilling activities, the volatility of and changes in oil and gas prices, the need to replace reserves depleted by production, operating risks of oil and gas operations, the Company’s dependence on key personnel, factors that affect the Company’s ability to manage its growth and achieve its business strategy, results, delays and uncertainties that may be encountered in drilling, development or production, interpretations and impact of oil and gas reserve estimation and disclosure requirements,
activities and approvals of our partners and parties with whom we have alliances, technological changes, capital requirements, timing and amount of borrowing base determinations (including determinations by lenders) and availability under our revolving credit facility, evaluations of us by lenders under our revolving credit facility, the potential impact of government regulations, including current and proposed legislation and regulations related to hydraulic fracturing, oil and gas drilling, air emissions and climate change, regulatory determinations, litigation, competition, the uncertainty of reserve information and future net revenue estimates, acquisition risks, availability of equipment and crews, actions by our midstream and other industry partners, weather, actions by lenders, our ability to obtain permits and licenses, the results of audits and assessments, the failure to obtain certain bank and lease consents, the existence and resolution of title defects, new taxes and impact fees, risks associated with the trend towards increased anti-development activity, delays, costs and difficulties relating to our joint ventures, actions by joint venture partners, results of exploration activities, the availability and completion of land acquisitions, completion and connection of wells, and other factors detailed in the “Risk Factors”.
While more importantly, we need take care of the stock Solids Control equipment, including vertical cuttings dryer , shale shaker , shear pump , oilfield shale shaker , mud cleaner , desander and desilter , vacuum degasser , Mud Gas Separator , decanter centrifuge , mud tank , mud agitator , etc . then we can finally get a chance to reuse it in the right way. Keep run the rotating parts in a regular schedule, lubrications, etc.