We all know that the oil and gas industry literally helps power our daily lives. While we see the physical benefits of using oil and gas, there are several economic benefits that help keep the nation as financially stable as possible.

Here’s a closer look at 4 of the key economic drivers of oil and gas and how our industry helps finance projects that benefit everyday citizens.

Oil and Gas Provides Extensive Revenue for Public Services

Public services like schools, hospitals, and infrastructure require money to provide services to their communities. While the average person’s tax dollars definitely help make these programs successful, a large portion of revenue that public services benefit from comes from oil and gas.

According to the Department of Energy, the oil and gas industry is projected to provide 1.6 trillion dollars in federal and state tax revenue between 2012 and 2025. A healthy portion of those funds will go towards public programs that directly benefit communities and those that rely on them.

National Oil Production Saves Americans Money Every Year

The United States is one of the leading producers of oil and gas around the world. Having the luxury of local production means that oil and gas are accessible and affordable for mass distribution.

While this may not seem like it directly impacts the average oil and gas consumer, the truth is that it does in a massive way. Every year, an American family of four saves around $2,500 as a direct result of oil and gas accessibility.

Affordable Oil Creates New Jobs in Several Industries

Not only does affordable oil and gas make a difference in the household, but it also helps create several openings in the national job market. In 2020 alone, the oil and gas industry was responsible for providing jobs to over 12 million Americans.

However, the oil and gas industry isn’t the only industry that production helps out. In fact, as locally produced oil and gas becomes more accessible, industries like manufacturing have the ability to broaden their community outreach and increase the opportunities for jobs within their individual industries.

Recent Oil and Gas Numbers Show Trade Deficit Savings

Every year, domestic oil and gas production helps the nation save billions of dollars on essential industry products.

According to the Department of Energy, the United States trade deficit was $305 billion lower than it would have been if the nation relied solely on foreign oil and gas production.

Keep the Economy Thriving With the Help of Pro-Gas, LLC

If you are a facility manager in the oil and gas industry, it’s important to keep your daily operations flowing in order to do your part for the economy. Pro-Gas, LLC is proud to provide top-tier oil and gas equipment that helps your team fulfill its everyday responsibilities.

Contact us today to learn more about our Fuel Genies and other essential facility equipment. We provide services nationwide and are ready to help you succeed in the new year!

The oil and gas or O&G industry has experienced dynamic moves from 2020 and into 2021. This year, the industry saw oil prices rise from the lowest numbers in decades. There was a steady increase in demand as production tried to keep up. As 2022 comes around, oil production facilities are looking to a brighter future. Learn more about O&G predictions right now with a look at the top 5 outlooks.

1. Global Oil Inventories Will Increase in 2022

During the early months of the pandemic, oil and gas industry facilities shut down altogether. As lockdowns ended and vaccines arrived, more people returned to work and produced those oil barrels. There’s no indication that global lockdowns will become the norm again, which means that business can resume as normal.

A key prediction for 2022 is ample inventory. OPEC countries are producing oil at a rapid pace now. Demand for oil is easing just a bit too. This balancing act allows both oil and natural gas production facilities to keep up with inventory. Countries must work together in order to make this balance possible.

2. Higher Oil Prices can Benefit the Transition to Greener Practices

A fascinating industry alternative comes out of high oil prices. When O&G industries have ample funds from high prices, they can invest in greener practices. These options, such as carbon capture, utilization, and storage or CCUS, may not be explored otherwise without the high oil prices. They’re seen as riskier investments in more uncertain times. Companies use the extra funds in order to build up alternative options that can become the norm in the near future.

With oil prices set to stay above $60 per barrel in 2022, funds will definitely be available for greener practices and exploring measures.

3. ESG Goals Will Play a Larger Role in O&G M&A

The world is a different place than it was 20 years ago. Corporations are looking to improve their ESG or environmental, social, and governance images. Investing exclusively in oil has its controversies even today. As a solution, the O&G industry must look at mergers and acquisitions in a new light.

The changing landscape offers an eclectic array of opportunities, such as mixing green practices with traditional oil business. Corporate executives will think outside of the box in order to move companies ahead. Partnering for a greener tomorrow will only improve the quality of life across the globe as more people demand energy from various sources.

4. Gas Prices Could Double

Gasoline prices are always a concern in the O&G industry. They’re directly impacted by barrel pricing. Current predictions show that gas prices will rise through 2022 and 2023. There are multiple factors that impact this cost too. OPEC countries are constantly shifting production and spare-oil supplies, for example. Shipping across the globe continues to expand, which leads to higher demand for fuel and higher prices.

5. Greener Approaches will Create More Industry Jobs All-Around

It’s true that the 2020 downturn impacted the human side of the O&G industry. Employees were laid off, and not everyone has returned. Although there are certain jobs available, people remain wary about this industry.

As greener approaches arise with higher oil prices, these potential employees have a chance at joining the workforce again. However, they have even more opportunities in this ever-changing industry. They aren’t just working for the oil and gas industry. Employees can learn new skills that apply to those greener approaches. Overall, the industry can expand and grow as more people rely on these jobs for their livelihoods.

Stay Updated on the Latest Oil and Gas News With Pro-Gas, LLC

Oil production facilities thrive with a combination of modern technology, clever employees, and optimistic outlooks. 2022 will undoubtedly be a busy time as demand and production rise to meet the challenges. Trust in oil and gas equipment from Pro-Gas Services, LLC because we can help you achieve those environmental and production goals.

Contact us today to learn more about how our oil and gas services can improve your facility in the new year.

Oil & gas facility equipment is built to withstand harsh weather conditions, constant use, and extreme internal operating temperatures. However, facility equipment will never last forever.

Even with regular maintenance, equipment ages, and becomes a detriment to a facility or drill site.

Here’s a closer look at four reasons why your oil & gas facility should keep tabs on the age of its equipment and make essential upgrades whenever necessary.

1. Old Equipment Presents Too Much Risk for a Facility

As your facility continues to rely on outdated equipment, several risk factors arise that pose significant problems to your site’s success.

While operational and business risks are problems that could develop, the biggest risk of older equipment is the safety risk it poses to your operators. If older equipment malfunctions and puts some of your essential workers out of commission, your daily productivity could quickly come to a halt.

Regular equipment upgrades help ensure that your equipment is always safe to operate and mitigates several risk factors your company faces.

1. Older Equipment Maintenance Slows Down Productivity

As equipment ages, it will increasingly become prone to breaking down and needing extra maintenance. At first, this may not be too much trouble and your productivity may be unaffected.

However, over time, as equipment becomes evermore obsolete, it becomes harder to track down the materials necessary for repairs. This extends the time allotted for repairs, puts the machinery your facility has out of service, and slows down your daily oil and gas production.

1. Upgrades Actually Save Money in the Long-Term

Although investing in new equipment may seem like a large upfront expense, the truth is that your facility or drill site saves money in the long run by getting rid of its old equipment.

As we’ve mentioned before, obsolete equipment takes time to repair and can also come with expensive maintenance fees and replacement parts.

Upgrading equipment gives your team the latest technology that brings swift, affordable maintenance with little downtime.

1. Your Facility Retains its Industrial Competence

It’s important for your facility’s bottom line to remain competitive within the industry. If your oil & gas company consistently relies on outdated equipment it will only end up falling behind its competitors based on its own lack of technical competence.

Upgraded equipment allows for further training opportunities, experience with new practices, and as a whole, puts your firm at the forefront of industry practices.

What Makes Pro-Gas Your Equipment Upgrade Specialist?

When the need for new oil & gas equipment arises, make sure that your facility upgrades with the most reliable provider in the industry. Pro-Gas, LLC. 

Our team has over 90-years of experience in our industry and understands quality equipment when we see it. 

We specialize in providing equipment that meets any client’s specific needs and streamlines the production process through our state-of-the-art technology that replaces your obsolete equipment.

From portable storage products to skid-mounted natural gas coolers, we have the equipment your facility needs to exceed its production goals.

Upgrade Your Facility Equipment Today With Pro-Gas, LLC

If you’re ready to upgrade your facility equipment at a competitive price point, the Pro-Gas team wants to meet you. Contact us today to learn more about our available equipment in your area.

At Pro-Gas, LLC, we take pride in helping our clients make the most of their oil and gas (O&G) facilities. From world-class equipment to specialized industry services, we believe that our work pushes clients to produce on par with some of the greatest in our industry.

Wondering who the biggest names in the industry are? While the answers may sound familiar, we thought it’d be nice to shine the spotlight on 5 of the major oil companies of 2021. Maybe some insight on their practices could encourage younger O&G companies to follow suit and further push our industry forward in 2022 and beyond.

Shell

Shell (AKA Royal Dutch Shell) was founded in 1907 and has steadily grown and established itself as one of the top oil companies in the world. 

This O&G company originated in the Netherlands and is known for its global reach in over 70 countries around the world.

Trust us when we say that they’ve invested heavily in oil storage. The company produces 3.7 million barrels of oil a day.

Chevron

California-based company Chevron was founded in 1879 under the name Star Oil. This successful American company sells over 3 million barrels of oil daily and is ranked on two Fortune 500 lists.

Not only are they one of the leading O&G companies to focus on alternative energy, but they never take their eye off of the prize and remain one of two fuel brands to be top-tier certified.

Exxon Mobil

Exxon Mobil is an American company that specializes in refining 6,3 million barrels of oil a day. Exxon is voted 8 of the top 20 O&G companies in the world and has an annual revenue of over 184 billion dollars.

Exxon is also known for its humanitarian efforts in its aid in the fight against Ebola and the development of rubbing alcohol by their own researchers.

BP

Formerly known as British Petroleum, BP is one of the supermajor companies in our industry. Their company delves into upstream, midstream, and downstream sectors while standing out in several key areas of the industry on their own:

• Exploration
• Alternative Energy
• Power Generation
• General Production

A company like BP realizes that in order to remain relevant in our industry, shifting with the times is a necessity as well as being a jack of all trades in several O&G sectors.

Valero

Valero is one of the younger O&G leaders as it was formed in 1980. Although it’s a “newer” brand, it is a Fortune 500 company that is considered one of the largest independent petroleum companies, as it consistently produces 3 million barrels of oil per day.

Bring Your O&G Company to the Top with Pro-Gas, LLC

If you’re ready to make your O&G company the best it can be, Pro-Gas, LLC is ready to help! Our specialty services have helped facilities large and small over our decades in business, and there is no industry issue our products can’t solve.

From natural gas storage to mobile gas coolers, we have the equipment your brand needs to level up. Contact us today to learn more about our current product availability.

Natural gas prices are an important factor that even consumers look out for when it comes to the oil and gas (O&G) industry. While we’ve discussed the reasons why gas prices fluctuate throughout the year, we thought it would be informative to expand on the topic and dig into how natural gas prices are determined when gas is taken from the source.

Here’s a look at four of the biggest ways O&G determines the price of natural gas and how Pro-Gas products can help cut down on costs for everyone involved.

Natural Gas Storage Capacities

Natural gas storage is one of the most important factors when determining where to set gas prices. In situations where there is ample storage because gas is in high demand, storage costs are generally lower, therefore, natural gas prices are lower.

However, if storage capacities start to run thin and the price to store natural gas becomes costly, consumers can expect to see a spike in rates the next time they fill up at the pump.

Crude Oil Prices

When crude oil prices begin to rise, many companies that rely on crude oil for production may turn to natural gas to power the machinery that creates their products. This is an example of increased demand that reduces the general supply of natural gas.

When this type of supply and demand situation happens based on crude oil prices, the powers behind natural gas prices either increase or decrease costs for those that use it.

Production Competitiveness

Mining and producing natural gas for consumer use is a competitive process, and the various prices O&G companies set on natural gas are some of the highest drivers of competition.

As competition for mining and selling valuable resources increases, the cost of natural gas or other resources will continue to rise and fall. Fluctuations in price occur based on consumer interests and what resources are valued at the time.

For example, if coal becomes a more valuable resource in the eyes of consumers, the price of coal will increase while the price of natural gas decreases.

How Does Pro-Gas Influence Gas Prices?

Although Pro-Gas is a provider of O&G equipment to sites and facilities, the quality of the equipment we offer can help influence natural gas prices at a local level. 

The efficiency of our equipment like gas coolers and conditioners makes it easier for O&G companies to prepare natural gas for consumers at a faster rate. When local facilities can easily pump out produced gas, they gain the advantage of being the first to use valuable storage space, influence their competitive advantage, and stimulate the cost of natural gas as it hits the consumer markets.

Secure Premier O&G Equipment Today, From Pro-Gas, LLC

If your O&G company is ready to start saving money while increasing productivity, the team at Pro-Gas, LLC is here to help. We are a national O&G equipment company that provides facilities and drill sites with essential equipment that brings gas products to consumers.

Contact us today to learn more about our gas conditioners, NGL storage, gas coolers, and more!

Oil & gas (O&G) employees that work at drill sites, off-shore rigs, and facilities must practice essential safety techniques to ensure employee safety and consistent site productivity.

While we’ve already examined safety tips for off-shore drilling rigs and O&G facilities, we haven’t really looked into safety at our industry’s on-shore sites.

Let’s dig into 5 essential safety tips every O&G employee should practice at an on-shore collection site.

Protect the Integrity of Your Machines

While equipment maintenance may seem more like a mere upkeep task, the truth is that when your machines function properly, they function safely.

O&G equipment must operate perfectly, otherwise, their temperamental nature could result in a malfunction that causes a catastrophic accident at your site.

Create Familiarity WIth Your Worksite

Before you bring on new team members to your drill site, make sure to help them get to know the layout of your site. As you show them where emergency resources and other important areas of the site are located, this is now a great opportunity to review what each job at your site covers and how your new employee fits in.

An in-depth orientation keeps new employees out of harm’s way and helps them perform their jobs safely and effectively.

Clean Up Your Work Surfaces

Slip and fall accidents can be devastating at an oil collection site. Since your team is going to work with equipment and materials that could lead to a slick surface, make sure to clean up your work area once your job is complete.

This may seem like an extraneous step in the process, but it’s one that leaves a safer path for everyone on your team.

Create Clear Safety Communication Lines

As long as your site lets employees know that it’s a safe place to discuss safety concerns, your team is likely to be more open to communicating when it counts. Personal connections with your team can make all the difference between a decent drill site and a safe, extremely productive site.

Designate Repair and Safety Product Areas

Every industrial site needs to have ample supplies of safety and repair equipment. At an O&G site, anything can malfunction at any time. So, make sure that your site has designated areas where team members can easily access the equipment they need in an emergency situation. 

The faster an employee can address an issue, the safer your site will be.

Experience Safer Operations With Equipment From Pro-Gas, LLC

If you are a member of the O&G industry that has control over the equipment used at your site or facility, make sure that your next equipment order comes from the best in the industry. 

At Pro-Gas, LLC we offer reliable, mobile O&G conditioners and related equipment that helps keep job sites productive and safe.

Contact us today to learn more about our current product availability.

Whenever news about reduced demand in oil strikes, the average consumer doesn’t really bat an eye. The truth is, though, when oil demand falls like it has throughout the pandemic, the oil needs to be stored somewhere, and unfortunately, space is limited.

So, while we experience an unfortunate lull in actual oil purchasing, let’s take a closer look at crude oil storage and some of the unknown facts about this integral piece of the O&G process.

Why is Oil Storage Important?

Essentially, oil storage helps us take control of our industry’s gains when the price isn’t on our side. For example, in a time like now, when oil prices are surprisingly low, companies will tend to store more oil away for when prices and demand for oil begin to increase.

Without oil storage, sites that condition their oil don’t have a place to put it and their hard work literally gets wasted down a pipeline. Currently, during the pandemic, oil storage is quickly filling up, and many companies are struggling to find and hold space to store their excess crude oil. 

What Happens When Oil Storage Runs Out?

In the instance that worldwide oil storage runs out, this doesn’t prove a good situation for our industry. In fact, according to an article from oilprice.com, we are on the brink of this type of disaster happening.

According to the article, “Already, ports and refiners are turning away oil tankers. This will put even more downward pressure on prices and pose an existential threat to many companies.”

In short. Oil storage is essential and helps drive the success of our industry’s economy. Without it, many hard-working O&G employees would quickly be out of a job.

How Do You Store Crude Oil in the Long-Term?

While companies like Pro-Gas provide NGL storage for pre-treated oil and gas, crude oil storage requires the big guns for long-term efforts. 

Some of the most common ways that companies store their crude oil include:

• Underground salt caverns in the Gulf Coast of the United States
• Depleted reservoirs
• Above-ground tanks
• Pipelines

What is the United State’s Storage Capacity?

According to the Energy Information Administration, the current storage capacity in the United States is 653.4 million barrels of crude oil. Early on in the pandemic, there were fears that we could hit our capacity limit. While vaccine productions eventually subsided these worries, as new variants begin to emerge and demand once again plummets, many O&G suppliers are holding out hope for a turn for the best.

Trust Pro-Gas to Answer Your Essential O&G Questions and More

Whether you are a facility owner or a consumer that’s curious about our industry, Pro-Gas, LLC is always available to answer your burning questions about crude oil and natural gas.

We are one of the nation’s top providers of O&G production and cooling equipment and are ready to go beyond questions and into action for your drill site or facility.

Contact us today to learn more about our current product availability.

Although the oil & gas industry has begun to work side by side with renewable energy providers to help improve the sustainability of energy production, our industry remains the main provider of the nation’s energy.

While we can clearly see that renewable energy will definitely play a large role in the future of energy production, the truth is that oil & gas isn’t going anywhere.

Every advantage has its disadvantages. So, let’s take a look at why our industry remains at the top of the energy provision food chain.

Renewable Energy Comes with a Higher Upfront Cost

Although there are financial incentives in place to help offset the high cost of installing a renewable energy generator, the fact still stands that these technologies come with a massive financial outlay.

Between high construction costs, high maintenance costs, expensive storage costs, and the installation of power lines for energy delivery, it can cost facilities a chunk of change just to get renewable energy off of the ground.

Its Generation Capacity Can’t Compete with Oil & Gas

Currently, renewable energy can’t produce large amounts of energy like oil & gas does for communities throughout the world. However, experts in our industry understand the importance of relying on multiple energy sources to balance out the power output of entire nations.

Therefore, while renewables versus fossil fuels may seem like a competition, the truth is that each of our industries need each other in order to provide reliable energy for our customers that will need it for years to come.

Oil & Gas is Always Ready to Go

Between geographic limitations and the fact that the sun isn’t always shining, nor the wind always blowing, the generation capacity of renewable energy simply can’t compare to the 24/7 availability of oil & gas.

Sure, it’s nice to put out environmentally-friendly energy and save a few dollars on an energy bill, but it’s easy for strong weather patterns to throw off the effectiveness of renewable technology. 

Oil & gas only need to be turned on in order for consumers to reap the energy benefits of fossil fuels. There is no wait and no risk to efficiency due to environmental roadblocks.

Large Installation Footprint for Less Production

For the environmentally friendly energy the industry boasts, renewable energy definitely takes up a lot of environmental footprint for the amount of energy it generates.

For example, solar energy alone takes up around 700 acres of land in order to store the technology that produces around 200 megawatts of solar energy. An oil & gas production facility taking up the same amount of acreage would, in turn, produce around 1,000 megawatts of energy for its surrounding customers.

Keep Your Facility’s Energy Flowing With Help From Pro-Gas

Oil & Gas production facilities require the best equipment to ensure efficient and quality energy production. So, keep your facility on top of its game with equipment from Pro-Gas, LLC.

We are a national provider of quality industry equipment that will help your facility operate smoothly and produce higher quality products. We offer premier fuel conditioning systems, skidded equipment, NGL containers, and so much more!

Contact us today to learn more about our available units.

Many people outside of our industry think that oil and natural gases are farmed from a drill site and sent directly to a consumer through different oil and gas facilities. 

While we’d love for the process to be that simple for the consumers we serve, the truth is that not all oil and natural gases are alike. Standards need to be met, and in order for fuel to be ready for public use, it must be thoroughly prepared through the conditioning process.

Let’s take a look at fuel conditioning for natural gas products and why it’s such an important process in our industry.

What is Fuel Conditioning?

When natural gas is farmed, it is at its purest and unfortunately, most flammable form. It’s loaded with natural gas liquids (NGLs) and other impurities that make the raw product unusable and quite dangerous to transport.

Conditioning is the process of removing impurities and NGLs from natural gas and making a specific O&G product that is safe for transportation and ready for use at gas pumps and the factories of several industries that rely on different forms of fuel for production.

What Happens if Fuel Isn’t Conditioned?

One would think that natural gas straight from the source would only create a stronger product that benefits users. Well, there’s a reason why jobs in the O&G industry are considered some of the riskiest positions to take on.

Fuel that isn’t conditioned could actually ruin equipment that uses it for operation. The combination of contaminates and NGLs in a raw product could erode equipment.

When erosion damages equipment, leaks occur. When gas leaks happen they create a massive explosion risk that could lead to lost lives and unthinkable liabilities for the user in question.

The risk of fuel combustion is too great for pure natural gas to be used in any capacity. This is why companies like Pro-Gas offer fuel conditioners and JT skids that create clean fuel that burns efficiently and keeps the operators that work with it relatively safer.

What is a Fuel Conditioning Skid?

A fuel gas conditioning system pulls in raw natural gas through its system and creates a cleaner, usable product. Conditioners use gas-to-gas and gas-to-liquid exchangers to reduce NGLs and create lower temperature fuel that meets industry standards.

The average fuel conditioning system can work wonders for a facility, but the equipment from Pro-Gas, LLC has been engineered to perform more efficiently and add even more benefit to the facilities that utilize them.

Our JT Skids can help your facility:

• Maximize revenue through their use as a supply and demand skid
• Maximize NGL recovery 
• Decrease facility maintenance costs
• Increase overall facility efficiency and production

Create Industry Standard Fuel Products With the Help of Pro-Gas, Today!

If you’re the manager of an O&G production facility and are determined to provide the best equipment possible for your location, look no further than Pro-Gas, LLC. We are a Dallas-based, industry equipment company that offers quality fuel conditioners, NGL storage, JT skids, and more. We operate nationwide and are always eager to help the members of our industry. Whatever your facility needs, Pro-Gas has, or can help you obtain it. Contact us today to learn more about our product availability.