Depressed oil and gas prices have put the pressure on upstream oil and gas companies to increase efficiency at every level. Companies have been looking to rent oilfield equipment to reduce equipment costs. Renting equipment can be a great way to save costs, yet purchasing equipment also has its benefits. Factors such as downtime, storage, transport and availability will effect equipment costs. Sometimes it may be a case of purchasing some equipment and hiring other items depending on your needs. In this post Tasman Oil Tools will outline how to choose whether to buy or rent your oil tools.
Continue reading Rental vs Buying Oil Tools →