Following the Russian attack on Ukraine, the global need for oil puts pressure on the oil and gas industry to boost production. Even before Russia began its attack, the post-pandemic economic boom predicted an increase in the world demand for oil. While these events allude to better days ahead for the industry, reigniting the drilling and production capacity is proving more difficult. The rising demand for production means an increasing demand for equipment – equipment that is becoming hard to find. Reactivating idle systems in such a tight market requires finding new solutions like investing in used, refurbished commercial engines and industrial generators needed to grow the available frac fleets and bring stacked rigs back into service
In the current environment, drilling and production companies face many challenges, including limited lines of credit, dormant equipment, and continued delays in the supply chain. The biggest challenge facing immediate oil and gas production is supplying the equipment and operational needs of production. Even operators financially prepared to ramp up their current oil production still face challenges from service companies as they struggle to get previously-idle equipment up and running. Finding parts and labor to repair and outfit rigs or purchasing new units to begin increasing production is more and more difficult in today’s market.
Innovative businesses are finding alternative solutions to these problems. When looking to bring idle units back online, sourcing refurbished engines and generators can help reactivate idle equipment sooner. Purchasing new equipment can be costly and face supply chain delays, but locating used, refurbished equipment can reduce cost and time to activation. Equipment that has undergone extensive testing and certification will prove reliable when getting rigs and frac fleets back in service.
Depco Power Systems has equipment available and ready to put to work today. Engines, generator sets, and other necessary industrial equipment are in stock and ready to help grow your oil and gas production. We guarantee superior integrity and quality in our products. Every unit that enters our facility undergoes an eight-step inspection, testing and servicing process that we call “The Depco Way.”
Because of our high standards, you can buy with the confidence of knowing exactly what you are getting at the time of purchase. We are committed to earning your trust and repeat business by offering high-quality equipment and excellent service. Contact our sales team today to find the used, refurbished equipment you need.