TechTAC® Blog

Industry News

General news about the oil and gas industry

February 18, 2025

Standard Oil: Genealogy of the Oil Industry’s First Major

Few companies in history have had as profound an impact on industry, commerce and regulation as Standard Oil. Founded in 1870 by John D.... View More
October 8, 2024

The World’s Largest Oil and Gas Companies by Market Cap

The World Economic Forum estimates that the oil industry accounts for approximately 3% of global GDP, making it one of the largest... View More
August 12, 2024

Join TechTAC® at SPE’s 2024 Artificial Lift Conference & Expo

Next week the Society of Petroleum Engineers’ biannual Artificial Lift Conference and Exposition (ALCE) kicks off at... View More
July 30, 2024

Downhole Tools for Maximizing Efficiency in Sucker-Rod Pump Operations

In the realm of oil production, sucker-rod pumps are a fundamental component for extracting hydrocarbons from reservoirs.... View More
July 29, 2024

Oilfield Tools: 21 Common Types

The oilfield is a complex and demanding environment, requiring a variety of specialized tools to ensure efficient and safe... View More
June 11, 2024

The ROI of an Oil Well

What makes a product or process a good return on investment (ROI)? And do those same principles apply to the ROI of an oil well?... View More