Drilling forecast for 2016 is more than grim

In November news, the Canadian Association of Oilwell Drilling Contractors (CAODC) released a negative forecast for 2016 that promises a prolonged downturn in the drilling sector.  CAODC projects that only 4,728 wells will be drilled in 2016, which represents a...

When will oil prices recover

As mentioned in my previous blog post, “Oversupply driving low oil prices, not weak demand”, even though the world economies are relatively healthy, we have a glut of oil on the market and it is not likely we will see an end soon. With prior drops in the oil prices,...

Oversupply driving low oil prices, not weak demand

It was back in October of 1973 when I was still in high school that the world encountered its first major oil crisis when the members of the Organization of Arab Petroleum Exporting Countries (OPEC) proclaimed an oil embargo. By the end of the embargo in March 1974...

What Dynamics NAV 2016 means for the Oilfield Service Industry

  Microsoft’s release of Microsoft Dynamics NAV 2016 in October offers exciting new capability for oilfield service organizations. Microsoft continues to invest heavily in the Microsoft Dynamics NAV product and have been rewarded to the point where Dynamics NAV...

Windows 10 Release Promising for Mobile Users

Microsoft releases its highly anticipated Windows 10 operating system amidst skepticism of whether it will allow the company to remain the king of desktops as well as become a real contender in the mobile space. Among other exciting features, Windows 10 boasts of one...