CIRCOR International Inc., a leading manufacturer and marketer of differentiated technology products and sub-systems, on March 31 unveiled CIRCORSmart, a free mobile app designed for use by operators of a variety of CIRCOR Pipeline Engineering products. Using QR codes and NFC technology, CIRCORSmart accesses essential and specific product data instantly.
PHMSA’S new Gas Mega Rule has changed pipeline operations related to traceability and verification of essential data. With the CIRCORSmart app, operators have constant access to detailed product specifications for their CIRCOR technology, all product-specific instruction manuals, FAQ and troubleshooting tips, an array of instructional videos, a spare part requests feature, material records, as well as instant access to the expertise of product specialists who are available live.
CIRCORSmart is also an invaluable tool for keeping track of CIRCOR Pipeline Engineering products and their maintenance schedules. CIRCORSmart allows operators to track maintenance on each product, take detailed notes and store them, and attach photos and important files for future use. The ability to keep track of product maintenance information at all times contributes to reduced downtime for technology.
Diamondback Energy, which closed its acquisition of Denver-based producer QEP Resources last month, also raised its 2021 capex forecast to between $1.6 billion and $1.75 billion versus its previous forecast of $1.35 billion to $1.55 billion.
In 2020, companies entered bankruptcy after a sudden plunge in oil and gas prices and, unlike the downturn six years ago, many emerged with nearly pristine balance sheets. But for what end?
Anti-trust watchdog COFECE also said that if the initiative is approved, it would generate legal uncertainty in the industry and distort the system of oil permits.