Global Valve and Controls
13Jan/160

The positive outcome from low oil prices

The price per barrel of oil continues to go down, some states the price at the pump is just above $1. This has not happened since 1999. Many large oil and gas companies are continually downgrading their employees, but the positive outcome of the low oil price is that the hundreds of people who are at the pump are also saving hundreds of dollars every week. "An additional $500 to $800 in their pocket to spend last year. That’s enormously helpful and what happens is they spend it. You have more consumer demand – the business have to hire,”

While the Oil and Gas companies are not booming as they have been, we are beginning to see an increase in the US solar industries." The US solar industry now employs more workers than oil and gas, a new report from the Solar Foundation claims, with most of the jobs in power panel installation." By the end of last year, we saw the increase in employees nearly doubled! That number is now higher than the number of people who work in the Oil and Gas companies.

For more info: http://www.theguardian.com/business/2016/jan/12/us-solar-industry-employees-grows-oil-gas

 

30Dec/150

Goliath affects Oil&Gas production

Just this week, a snow storm came down from the North that caused 5’ and more of snow, sleet, hail, and rain and flooding damage to most of the central United States. Down in Texas, where people don’t typically see snow or sleet, many areas received as much as 3’ of snow! The storm named Goliath, stayed in the area for a day and half before moving up on to the upper NE states and throwing more snow on the central states and rain in the south. Although, the rain has stopped, many regions are still waiting for the snow to melt to continue working. Goliath not only brought all the seasons down to Texas but also freezing temperatures causing some oil and gas equipment to freeze. Bad news is that instead of warming up for the New Year’s, it could get colder.

“In West Texas and New Mexico, crude output and deliveries took a slight hit after a snowstorm dumped around 2 feet of snow over the weekend. The blizzard followed a spate of tornadoes in Texas that killed at least 11 people Sunday, as summerlike temperatures swiftly gave way to chilly conditions.”

Companies such as Devon stated that they were experiencing issues with equipment because of the sudden fallen temperature not just in Texas, but also in NM, and OK.  The prospect of colder weather and diminished supplies drove energy futures higher Tuesday, led by natural gas. But slowing global demand and a global oil glut will continue to pressure the market.

Another Oil&Gas company, Philips 66 stated they experienced a number of power outages with caused disruption in their production.

 

http://www.ibtimes.com/winter-weather-2015-severe-storms-disrupting-us-oil-gas-production-2243002

3Dec/150

Benefits of Oil

If you have been keeping up with the news around the world, or even in your back yard, then you already know that the oil prices are still low and it’s not looking any better than it did last month or the month before. It is now a fact that the sectors for the oil and gas industry will never be where they were, but instead will become accustomed to the change. This leads us to why is the oil so important to our economy? Did you know, “oil is directly responsible for about 2.5% of world GDP but also accounts for 1/3 of man kinds energy supply.”

DID YOU KNOW? “The world’s oil & gas transport infrastructure is a globe-spanning spider web of pipelines and shipping routes. The natural gas distribution pipelines in the US alone could stretch from Earth to the Moon 7-8 times”

Without oil, we might as well all be doomed. Not literally. In other words, oil is healthy, and without it, we would all live in poverty. “Better sources of energy increase productivity and produce fewer negative externalities. This effect is huge. Cheap, abundant energy lifts nations out of poverty. China understands this.”

http://www.forbes.com/sites/quora/2013/04/03/what-are-the-top-five-facts-everyone-should-know-about-oil-exploration/

12Aug/150

What is the future intake on Global warming?

Did you know that global warming is caused by carbon dioxide building up into the atmosphere, thus trapping more and more heat? According to climatecentral.org, roughly 60% of the carbon gets pulled into “carbon sinks”, which is another term for lakes, rivers, and oceans. But how much is really going into these bodies of water?

It’s fairly well established that about 30 percent of atmospheric CO2 is pulled into the oceans, and it is thought that another 30 percent is sucked up by land-based ecosystems. But the estimates of how much various forests, grasslands and other systems take in doesn’t quite add up — there seem to be some missing sinks. A new study has a somewhat surprising candidate that could fill at least some of that gap: large aquifers below the world’s deserts.

 A recent study shows that once the carbon hits these bodies of water it is then covered by a thick layer of mud and sand and never again to rise into the atmosphere. The troubling fact is that once the carbon hits the water it actually expands, thus doubling as the water moves through irrigated fields.

Based on how the rates of carbon burial have happened in this region over history it is estimated that the aquifer (which contains 10 times the amount of water as the Great Lakes) holds about 22 billion tons of carbon. By comparison, the  world emitted about 32 billion tons of CO2 in 2014!

Global warming affects all of us in many different ways. For example, stronger hurricanes, more heat waves and much more. The more we learn about how climate change will affect people and the environment. This is why people need to take action to reduce the greenhouse gas emissions that are causing climate change.

 

http://www.climatecentral.org/news/desert-aquifers-hold-missing-carbon-19320

10Aug/150

Job seekers in a depression

Do you remember when the price per barrel was high? Yes, it was some time ago and we also wrote a blog then about some of the best salary jobs that were in the Oil&Gas industry. For example, if you were working on a rig back then you would have probably would have been making around $80k. Pay was high, but the hours were long as well. Now that the price for oil is low, these jobs are no longer in demand. The pay is around $50k to $80k. “Keeping pay and bonus percentages constant has been made possible only through cost-saving layoffs. U.S.-based energy firms announced 60,500 job cuts in the first six months of 2015”

http://www.cnbc.com/2015/07/22/oil-and-gas-jobs-pay-is-still-big-but-not-booming.html

If you are having trouble finding a job or interested in a career change, Money.News.com has made a list of some potential jobs that one might find interesting, especially when the price for oil is low.

 

Accounting: Bad economic times increase businesses' and individuals' desire to wisely account for every last dollar.

Education: Even in the current slowdown, our political leaders seem committed to education spending, and voters continue to pass education bonds to upgrade facilities.

Entertainment: During the Great Depression, the movie industry boomed as people craved escapism and had time to burn. That would very likely be the same today: The film, video game, sports, and creative arts industries should remain viable.

Utilities: This is the classic defensive stock investment. Even in the worst of times, utilities stay cranking.

Alternative energy: Despite all the media attention to solar and wind energy, it's possible that the nuclear industry would, over the next decade, create the most jobs.

Health care: The jobs with the most security include registered nurses, physician assistants, internal medicine physicians, dentists, optometrists, pharmacists, and physical therapy assistants.

Law firms: If they specialize in discrimination law, immigration law, or sexual harassment—they'll still need plenty of employees.

Law enforcement: In tough times, the level of crime tends to increase.

http://money.usnews.com/money/careers/articles/2008/10/27/15-hot-jobs-in-a-gulp-depression

3Aug/150

Texas jobs uprising or down?

Earlier last year, there were tons of new oil discoveries that fueled many parts of Texas. The top 10 counties in Texas that benefited the best were Midland who introduced a little over 3000 jobs, being followed by, Bexar, Frio, Ector and Tarrant. The downfall came when the price per barrel dropped drastically thus cutting jobs by more than 50%! The county that suffered the worst in Texas was Harris County, a total of 1115 jobs were lost.

“Clearly, Texas has a very significant oil and gas sector. Many parts of Texas are affected by oil and gas specifically from shale gas in the southwest to the sizeable corporate headquarters in Houston and Dallas”

Although, new jobs have been created and lost, this year in 2015, companies are trying to adjust with the lower gas prices.

http://www.rigzone.com/news/oil_gas/a/139875/Texas_Counties_among_the_Best_and_Worst_for_Oil_Gas_Jobs_in_2014

 

API 6D Valves

API 6D Valves; GVC employees beat the Texas heat to ensure all valves and components are working propery

16Jul/150

About Flanged Ball Valves

When you need to know more about certain products or practically anything the first place you visit is the internet. In this case, I wanted to know more about Flanged Ball valves, but after pages and pages of searching, all I found were the different companies that either manufacture and/or distribute them. I decided to try and do my own research on these particular ball valves. 

It is actually very simple. A flange ball valve is a ball valve that has flanges. That’s the obvious right? These valves are used primarily in the chemical, petrochemical, food and beverage, shipbuilding and marine industries. They come in all different sizes, pressure classes and material. The flanges are there for the valve to connect to another valve or object, such as a pipe. Although flanged ball valves are very common, when picking out a flanged ball valve be sure to know what kind of face you need. For example, Wikipedia states, "The flange faces are also made to standardized dimensions and are typically "flat face", "raised face", "tongue and groove", or "ring joint" styles, although other obscure styles are possible."

Flanged Ball Valves

Flanged Ball Valves

7Jul/150

Laid off oil and gas workers are wanted in other industries

This year the oil and gas industry has taken many hits including letting go many of their employees in different fields, and while they are slowly trying to recuperate and climb back up the ladder it is not the end for hundreds of laid off workers. For one, the chemical industry is working hard to  give people more options. Majority of these refineries and chemical industries are located out of Texas and it is very hard to get people to move out of state. Currently, the high knowledgeable people in these industries are retiring, "Refineries and chemical plants struggling to find enough experienced people to replace a swell of retiring workers are hoping to scoop up some engineers laid off by oil and gas firms."

"Texas plants tend to have an easier time attracting and retaining talent because the state doesn’t have an income tax, but companies in “less desirable” locations often have to sweeten pay and benefits packages"

Do not lose hope as these plants are located all over the USA. Start researching jobs outside of Texas such as; Oklahoma, Kansas, Nebraska and so forth.

Although falling oil prices have hammered the upstream sector, forcing companies to shed more than 150,000 positions worldwide, the downstream sector in the United States has been booming.

 

http://fuelfix.com/blog/2015/07/06/chemical-plants-and-refineries-hoping-to-hire-laid-off-oil-and-gas-engineers/#32133101=0

28May/150

Oil rig fire in Mexico

Another rig has exploded on the Mexican coast, injuring over 40 workers, and killing 4. Although this incident happened in April, the story didn't take on every news channel like the past few rig fires.

"Authorities evacuated about 300 people from the Abkatun Permanente platform after the fire started, Pemex said. At least 10 boats worked to battle the blaze for hours." The fire was extinguished by Wednesday.

To see the video, click here: http://www.cnn.com/2015/04/01/americas/mexico-oil-rig-fire/

 

3Dec/140

Women are the new targets in the Energy Industry

"Fracking and horizontal drilling have unleashed an energy extravaganza in the Midwest and mid-Atlantic. American and international energy companies are churning out billions of barrels of oil and gas and attracting thousands of workers eager for entry-level paychecks of $50,000 to $60,000. In fact, in boom states like North Dakota, demand for workers is outstripping supply, as jobs remain unfilled."

Women are now stepping into these positions more than ever now. Men are not the only targets that the Oil and Gas companies are looking for, they are looking for women too. Good, hard workers in general.  The energy companies want to hire them. Whether it's Chevron or BP or Conoco, they’re looking for them. They’re just looking for responsible, hardworking people.

Many companies are struggling because Pipeline projects are soaring and there are not enough works to help get them done. Thus, regional colleges in boom towns from Pennsylvania to New Mexico have launched one-year certificate and two-year associate programs to train workers , including men and women.

Pipeline Ball Valves

 

http://www.usnews.com/news/special-reports/energy-of-tomorrow/articles/2014/12/01/oil-and-gas-industrys-latest-target-women