1. TOP 3. Today, the United States is the world’s third largest exporter of upstream O&G equipment, with close to
$23 billion in exports to the world. (Based on last reports of International Trade Market of May 2016).
2. RELIABILITY. US equipment is verified and is competitive according to all criteria during decades. While the equipment of other countries is only entering the world market within last 10 years and has not been able to establish itself yet as a reliable one.
3. SPECIALIZATION. ITM notices in its last data that USA specializes on all kinds of high tech oil and gas equipment, while, for instance, South Korea and China emphasize only on one kind of drilling units or their spare parts, which doesn’t really let them be fully competitive with world leaders.
4. QUALITY.
a) USA is known for its quality and durability. There is a variety of units which are manufactured more than 50 years ago and continue to work up to this day.
b) USA is a source of a better quality steel which is used in building of equipment. High-standard alloys and refractory materials are used in production of any parts of the equipment.
c) Quality system control of USA exceeds all generally recognized ISO and API norms.
d) On account of quality some leading companies of China and South Korea buy equipment namely in USA, while what is produced in their own countries goes for export to other countries. Thus, drilling unit purchased in China to Venezuela by PDVSA company, stays in nonoperating condition and has not been launched into a working process at least once.
5. SPARE PARTS.
a) USA always has any parts to exported units available in a wide range of models.
b) Moreover, logistics system is perfectly organized when any part may be delivered to any part of the world as soon as possible. While spare parts from Asian countries may be on their way for 10 and more weeks, which leads to equipment downtime and significant loses of the companies.
c) Spare parts may be ordered from different companies and not just limited by only OEM.
d) Spare parts of US comply with the main equipment that they are designated to up to millimeters. Some other exporting countries are noticed in inconformity of spare parts and their technical quality specifications with what is indicated in catalogs of PN orders.
6. MAINTENANCE. USA implements best efforts for producing of high quality equipment which is in percent component is higher in cost than with other competitors. But because of that the maintenance cost of US equipment is decreased, compared to other exporting countries. This includes maintenance, idle time, transportation, installation, logistics. For instance, idle time of HP 2000 drilling unit comes to approximately $70,000 a day by the US billing rates. Loss data adds up to an amount of technical maintenance, spare parts and their replacement.
7. AMORTIZATION. Equipment of the lower quality significantly loses in price, for which amortization process is high. At the same time, leading high quality equipment of USA may be resold by the highest prices on the market. One of the representatives of oil and gas sector is trying to sell three Helirigs (of Asian delivery) for less than 15% of original cost, considering that two units have not been in service at all and one has been exploited for less than a year.
8. POLITICS AND JUDICIAL SYSTEM. For risks reduction in the area of export energy equipment political stability of a country is of no small importance. For example, about exporter Brasilia one may say the following: unfavorable financial situation, strict legal requirements, ongoing corruption scandal. About situation of China that is legal uncertainty on the market, noncompetitive politics. In turn, USA has ratings of stable economic position and legal system on all levels of authority. Judicial system of USA is just and available, which will let one come to a general decision and obtain justice in disputable matters. In other countries judicial system is closely aligned with political tendencies of the country, which doesn’t allow approaching the solution of business matters objectively.
9. INDIVIDUAL APPROACH. Company with US equipment provides a detailed report of what exactly includes into the oil and gas set of equipment, and also if any parts are not included into a set, we do select them for you. USA aims to help you and fully prepare the equipment for you to use. In case when company doesn’t provide such detailed reports, the cost of equipment may be doubled when missing parts will be added up to the order.
10. EXPERIENCE. USA is a leader in areas of the newest technologies on efficiency gains and functional productivity in drilling. Specialists on US equipment are not just desirable on the local market but also are invited as consultants to other parts of the world, to other exporting countries. Houston is a center of development of oil and gas sector. The latest developments in the area of oil and gas equipment gets tested first-hand and being used in USA.
11. PIONEERS. By trade.gov info the projected increase in demand for U.S. exports of O&G equipment through 2019 may be further driven by the fundamental changes in U.S. O&G production during the last several years. Having been among the first in the world to develop unconventional and ultra-deepwater resources, U.S. equipment manufacturers and service suppliers have the opportunity to seize the first-mover advantage in overseas markets that are seeking to emulate the United States’ rapid expansion in energy production.
These are only the main aspects of the benefits of the oil and gas equipment of USA.
If you are interested in any other information or you may have any questions, please contact the company Skyline Energy Development at https://skyledllc.com/
– Excerpts from the last CEO Skyline Energy Development, Andrey Avramenko, report on international conference of partners and investors of company in Texas, USA in July 2016.
