Longview, TX (PRWEB) June 11, 2013
American energy independence has been a buzz phrase in the past, but recent billion dollar developments in the Woodford, Bakken, Marcellus and Eagle Ford shale plays have launched the idea from a slogan to a reality, looming on the energy horizon.
While American production on this scale is significant enough to drive international dialogue about America’s future as an oil exporter, the implications mean continued success and prosperity for Oklahoma oilfield businesses and the local economies in which they operate.
“Small firms overwhelmingly populate key Oklahoma energy sectors,” says Raymond Keating, Chief economist for the Small Business & Entrepreneurship Council. “Specifically businesses with fewer than 20 workers represent 90.6% of oil and gas extraction employer establishments.”
With small-medium sized oilfield businesses making up such a large portion of the state’s energy climate and contributing heavily to the success of Oklahoma’s state and local economies, it’s imperative these oil and gas industry professionals have the tools and technology they need to operate cost-effectively and efficiently.
The 2013 OKC Oilfield Expo, taking place October 16th-17th, 2013 provides an opportunity for oil and gas industry professionals to gather in a no-nonsense deal-making environment and view the latest technology and equipment and network to build relationships with vendors that will help build a supply chain and minimize downtime.
That’s why this oilfield show doesn’t include keynote speeches or seminars. It’s devoted solely to helping oil and gas industry professionals get the best deals on the services and equipment they need to operate successfully.
“Most industry professionals already understand the concepts being talked about at the popular conferences and seminars,” says Eli Logan, President of Texas Classic Productions LLC. “It’s not in the best interests of our exhibitors to make them compete with conference sessions for the attention of attendees. We’re in the business of creating a marketplace for our exhibitors to network and make deals.”
Keeping the supply chain alive through creating a marketplace where oilfield operators and producers can find the best deals on the tools of the trade is an important part of maintaining Oklahoma’s robust energy industry. And with Oklahoma’s contribution to oil and gas production ranking second and third in the nation, it also becomes a significant factor in the national effort towards achieving energy independence.