The oil and gas workforce operates in some of the toughest conditions in the world, where long hours and high-pressure systems push both crews and their equipment to their limits. Against this backdrop, reliable tools are essential. When equipment fails, operations grind to a halt, driving up costs through lost productivity and unplanned downtime. 

In fact, studies show that equipment failures in the oil sector can lead to production losses of up to 323 hours per year, resulting in lost revenue. These losses can be staggering, both in terms of time and money, underscoring the critical importance of reliable equipment in the oilfield.

With that in mind, let’s examine how equipment reliability directly affects performance and safety in the oilfield:

Oil & Gas Equipment Reliability 

As we've already hinted at, unexpected equipment failures can cripple drilling and fracking operations. Unplanned downtime costs oil and gas producers an average of 32 hours of production per month, with losses reaching up to $220,000 per hour. That adds up to a staggering $84 million per facility each year.

Reliable, API-certified equipment reduces these risks by ensuring smooth, uninterrupted operations. Regular maintenance further strengthens this reliability, preventing unexpected failures that could disrupt production and drive up costs.

Operational Safety

Blowout preventers (BOPs), closing units, and pressure control systems serve as the last line of defense in drilling operations. When they fail or aren’t properly maintained, the consequences can be severe. Research from the International Association of Oil & Gas Producers (IOGP) found that 23% of well control incidents stemmed from technology failures, including mechanical breakdowns in critical equipment. 

This reinforces a simple reality—equipment reliability isn’t just about performance; it’s about safety. The reliability of these systems is a direct reflection of the safety of your operations, making it imperative that you invest in the best possible equipment. 

Operator Confidence and Performance

Dealing with constant leaks, pressure failures, and faulty controls wears oilfield workers down and slows everything to a crawl. No one wants to spend their shift troubleshooting instead of getting the job done.

In contrast, when crews can rely on their equipment, they're better able to stay focused and work more efficiently, improving oil and gas workers’ performance in the process.

The MEYER Advantage

Unreliable equipment leads to costly delays, safety risks, and production setbacks. Every breakdown adds unnecessary risk and expense, making durable, high-quality tools an absolute necessity in the oilfield.

At MEYER, we provide API-certified solutions built to perform under the toughest conditions. However, reliable equipment is just one part of the equation—keeping your operations running smoothly requires the right support and safety measures.

That’s why:

• Our well-maintained rental fleet ensures oilfield workers have access to high-performance equipment when they need it, reducing costly delays.
• We supply rugged, industry-compliant tools designed to lower the risk of mechanical failures and operational hazards.
• Our service team is available around the clock to keep productivity high and operations uninterrupted.

Need dependable oilfield equipment and support? Contact MEYER today to keep your operations running without disruption.