(Paul Levy of Seminole, Oklahoma is a 2nd generation oil man, and has been brokering used oil and gas pipe for over 30 years.)
Oil is going higher!!!
Despite prices seemingly stuck in the mid 60’s, my indicators say we will see higher oil prices as more of the population gets a vaccine. My ‘beat’ is Oklahoma, Texas and Kansas… and right now almost all my pipe action is coming from the Permian Basin and from the state of Oklahoma. Steel prices have shot to the moon and it seems there is no relief in site. Good used tubular goods are in demand and bringing a premium.
Lately I have seen more demand for 2 3/8 inch tubing then any other pipe. And no one seems to have any 2 7/8 inch pipe available. Last week, I was able to purchase a hundred thousand feet of 5 1/2 used oil pipe, and three different drillers all wanted it immediately.
As we enter into the warmer months, I anticipate any used hardware for drilling operations is going to get more expensive.
At your service,
Our experienced staff is ready to help you look for what you need to complete your well! We’ve helped our clients in the oil and gas industry for over 30 years, procuring new and used down hole and surface equipment for their business’s needs. While our main offices are located in Seminole, Oklahoma, we offer logistics and freight coordination for our products and can cover any location in the United States. Contact Oklahoma Pipe Sales at (405) 382-3522!
Oklahoma Pipe Sales will deliver all materials as promised, in the condition described. We value client relationships and have many years of experience in the oil and gas industry. We can provide references from our happy customers in California, Texas, North Dakota, Oklahoma, and all over the country. While our offices and central yard are located in Seminole, Oklahoma – we will deliver to any location at any time. For casing, tubing, rods, pumping units, tanks, production equipment and anything else you may need – contact Paul Levy at (405) 382-3522.