Synergies with Oilfield Rental

RSS

I was most intrigued by a small news story that a lot of people probably didn't notice: Canadian Equipment Rental Fund, or CERF, which owns 4-Way Equipment Rental and a couple of other companies in the booming oil-rich Canadian province of Alberta signed a letter of intent to acquire an oilfield rental company. You can check out the story here: http://rermag.com/trends_analysis/headlinenews/cerf-to-acquire-oilfield-rental-company-082412/index.html. They didn't even name the oilfield rental company, but I was intrigued by the fact that CERF is headed in that direction.

Most of you probably aren't likely to pay much attention to the doings of a small Canadian rental company, but the synergy between a construction equipment rental company and an oilfield equipment rental company strikes me as a natural one. I've actually been expecting something like this to happen for a while now. A lot of rental companies are doing good business in the energy rental market. The oil-sands region in Alberta is obviously a strong market for equipment rental as are the communities near the Bakken, Eagle Ford and Marcellus shales and other energy-producing regions in the U.S. Rentals to refineries, wind farms, pipeline construction, even support projects related to mining, are all strong areas at the moment.

There are oilfield rental specialists that rent a lot of equipment that aren't part of the inventories of most of the equipment rental companies that readers of this magazine are involved with. Names like Stallion, Chesapeake, Great Plains, Quail Tools, Knight Oil Tools, Greene's Energy Group and Gauthier's. There's plenty more of them, large and small. They rent stuff like drill collars, drill pipes, sand separators, blowout preventers, spacer spools, gate valves, frac tanks and frac heads, tubing of all kinds, ditch magnets, bleeder plugs, pipe joints, landing strings, and other items, some of which I've never heard of.

But a lot of those companies also rent earthmoving machines of all kinds, aerial work platforms, forklifts, telehandlers, light towers, generators, welders, air compressors and pumps. I would imagine many of these companies use similar software systems and operate using similar logistics.

As more construction-type equipment rental companies rent to energy markets, I would expect to see more synergies between construction equipment rental companies and oilfield equipment and tool rental companies. I know there are a lot of differences in who the customers are and who the suppliers are. But there might be as many similarities and synergies as differences. The oilfield rental companies are highly specialized and obviously the people who operate them know their markets far better than a company that specializes in construction rental, but it strikes me as an area worth exploring.

Maybe I'm overlooking something obviously fundamental to people who know both industries. Or maybe not? I hope to hear some feedback from readers about this issue.

Discuss this Blog Entry 216

on Mar 25, 2013
on May 17, 2014

these were a wonderful combination of sweet and salty. I don't trust the refill one or compatible one. I have to say learning on this serger was surprisingly easy. It spins and doesn't require batteries, is neat, but doesn't move a lot of air, if any at all. It is not too big and bulky and can fit into a small backpack quite easily. tekui.teklib.org
good price, free 50 sheets (to use up all your ink, wink) worked great, looks great. I also request Amazon to discontinue or at least suspend selling this item while the issues are investigated, especially since there appear to be multiple complaints regarding allergies caused by using this evil concoction. The apple juice is very good as well, though I would recommend peeling the apples first, as it will leave the apple juice a bit pulpy. As with the other non-L Canon lenses, I feel that Canon should have included the hood with the lens, given the high price of the lens. It's just getting old. brain age or big brain academy?????? can someone write back and tell me???? Thanks! Coq10 Helps Anxiety Coenzyme Q10. Learn more

on Jul 2, 2014

Nice to be visiting your blog again, it has been months for me. Well this article that i've been waited for so long. Promotional Pens

on Aug 15, 2014

Good article! I visited many sites, only the clear expression in addition to the author's experience grow taller exercises

on Aug 19, 2014

SWAT Teams are at the spot (Projonmo Chottor) to ensure safety and enhance security fore the surrounding area and its people. for the full story

on Aug 20, 2014

So the primary part here is that excellent company activities need to be strengthened by the whole market. We all need to do a better job of creating them a more useful experience. audi repair

on Sep 27, 2014

What other contractor can say they were involved in the design process of an all-electric service vehicle? Not many! Robichaud is a great example of a contractor on the cutting-edge of technology. important source

on Sep 30, 2014

I don’t concepts the considered of lack of way of life. I just don’t want to be there when it happens to me.” For most of us who are not ill or incredibly neurotic, fear of lack of way of life seems distant and theoretical. It’s only when we stage off a management or do a bungee wire jump that our traditional primate neurology triumphs over all sensible considered and we are packed with stress. additional reading

on Oct 4, 2014

It turned out much more practical than I thought! Aside from just letting him chew on the links, I also used a chain of them to hook up toys to the stroller bars, so he could freely play with them but they won't drop to the floor. Just remember to buy spare filters, light bulbs and the powercable. Sell My Home

on Oct 10, 2014

Show supervisors need to accept on the internet promotion, social networking and other promotion communications methods of gaining participants and participants – especially the younger years. find here

on Oct 11, 2014

It is our intention to drive the first Electric Van for approximately 90 days and discover all of the nuances that might come with an EV or if there are any design changes we would like to have included with future vans,” said Robichaud. “It is then our intention to start the transition at two per month. Logistically it takes time to swap out a technician to a new van and we do not want to overwhelm ourselves, although the sooner we switch the sooner we start saving. Sell my property fast

on Oct 15, 2014

I also used a chain of them to hook up toys to the stroller bars, so he could freely play with them but they won't drop to the floor. Just remember to buy spare filters, light bulbs and the powercable. additional info read

on Oct 17, 2014

I listen to the factors for not attending: too far, can’t get away from the company, location, expenses, etc. But I have also heard that if it is a beneficial display, every attempt will be made to get that particular location. find here

on Oct 22, 2014

There is no room for the power/charge cord, the oil bottle, or the brush. Because I'm a beginner I first thought "I'll just buy the $[...] one with 10 stitch options because I don't know what all those stitches do anyway, and then if I really get into sewing that's cheap enough that I'll upgrade in a year or two" I'm so glad I didn't do that, I'm still just beginning but I can see how valuable having more stitch options is going to be and I've already started using some of them. There wasnt a major growth but my boobs were a little more plump and full. nba 2k15 ihackz

on Oct 5, 2014

Positive site, where did u come up with the information on this posting? I'm pleased I discovered it though, ill be checking back soon to find out what additional posts you include.
sleutel op de door woning

on Sep 30, 2014

This is a great inspiring article.I am pretty much pleased with your good work.You put really very helpful information. Keep it up. Keep blogging. Looking to reading your next post.
kik friend

on Oct 1, 2014

Muhith said: “Prof Yunus is an active septuagenarian and an internationally-acclaimed, busy person but, surely for the good of Grameen Bank, a succession process should begin.” straight from the source

on Oct 21, 2014

It is then our intention to start the transition at two per month. Logistically it takes time to swap out a technician to a new van and we do not want to overwhelm ourselves, although the sooner we switch the sooner we start saving. road trip tips

on Oct 3, 2014

Resistance - However, the issue is that the women living thing avoids the effects that it is expected to provide. the venus factor

on Sep 27, 2014

What other contractor can say they were involved in the design process of an all-electric service vehicle? Not many! Robichaud is a great example of a contractor on the cutting-edge of technology. important source

on Oct 9, 2014

Robichaud was sold on the benefit to the environment, his business and the community. Robichaud also hired Bella Energy of Louisville, Colo., to install solar panels on Precision headquarters to help recharge the batteries for eight hours at night after technicians drive them 120 miles during the day. Taruhan Bola

on Sep 23, 2014

Thanks for posting this info. I just want to let you know that I just check out your site and I find it very interesting and informative. I can't wait to read lots of your posts.
NYChomes

on Oct 1, 2014

Muhith said: “Prof Yunus is an active septuagenarian and an internationally-acclaimed, busy person but, surely for the good of Grameen Bank, a succession process should begin.” important site

on Oct 1, 2014

The report was published in the newspaper’s online edition on Monday. Its correspondent Dean Nelson contributed from Dhaka. her explanation

on Aug 28, 2014

Thank you a bunch for sharing this with all of us you actually realize what you are talking about! Bookmarked. Please also seek advice from my site =). We could have a hyperlink change contract between us!
natural whey protein

on Oct 9, 2014

He serves as an example to others to take a risk and test new technologies. If the technology works, and in this case it seems that it does, it’s a win for everyone. this link

on Sep 3, 2014

Surprising that Los Angeles is so close to Detroit in this measure. What a sad statement for Southern California. see post

on Oct 1, 2014

very interesting post.this is my first time visit here.i found so mmany interesting stuff in your blog especially its discussion..thanks for the post!
tips and tricks of android ics

on May 27, 2014

Superb scatter about Pharmacy Technician from master in addition it will clearly be an astounding know how to me and appreciative a ton for posting this significant information with each one of us.
click to read

on Jun 6, 2014

In fact, lack of way of life is an everpresent reality. criminal lawyer

on Aug 16, 2014

Last year, Brazil generators placed Ceres lovely sorghum on more than 3,000 hectares (7,400 acres) - about the size of nine New You are able to Town Central Recreational areas. Due in part to improved demand for ethanol and sugarcane shortages, Brazil's govt lately declared in its yearly farming plan for 2012-2013 that lovely sorghum would be regarded a ideal plants. CBS News

on Sep 25, 2014

Robichaud was sold on the benefit to the environment, his business and the community. Robichaud also hired Bella Energy of Louisville, Colo., to install solar panels on Precision headquarters to help recharge the batteries for eight hours at night after technicians drive them 120 miles during the day. important source

on Sep 25, 2014

This is my first time i visit here. I found so many interesting stuff in your blog especially its discussion. From the tons of comments on your articles, I guess I am not the only one having all the enjoyment here! keep up the good work
watch free movies online

on Oct 12, 2014

Most of the time I don’t make comments on websites, but I'd like to say that this article really forced me to do so. Really nice post!
relevant internet site

on Sep 3, 2014

I am scoring in the alkaline range when I am following the principles listed in the book. Sometimes he seemed mentally out of it like he didn't even recognize me. finally i just compromised - i use this to condition the hair closer to her scalp since its natural, then use my own conditioner for the ends of her hair. Perfect size and weight for younger kids! The only thing that I am not happy about is that the binocular I received was a once return item. Anti-inflammatory Diet How To Balance Omega-3 And Omega-6 Fatty Acids Natrol Neuromins Dha Omega-3 100mg Omega-3. Click here Canon could have bundled a higher capacity battery with the camera, but then the price point would be higher. WARNING: If you're planning to go wireless you will need either a CAT 5 Cable or a USB printer cable (the one with the standard USB blade on one end and the small, almost square male end on the other). I was very pleased (and so was my wife.) Even my sons liked it, which I consider to be quite amazing. Omega-3 And Omega-6 Fatty Acids Are Both

on Oct 9, 2014

I want you to thank for your time of this wonderful read!!! I definitely enjoy every little bit of it and I have you bookmarked of your Dermal Piercing to check out new stuff of your blog a must read blog! click here

on Oct 28, 2013

Its supporters claim that the current certain system for medication does not result in R&D for the illnesses which have the biggest international problems. http://custom-writing-australia.com/

on May 20, 2014

This is a good, common sense article about Samsung refrigerator reviews. It is very helpful to one who is just finding the resources about this part. It will certainly help educate me. visit website

on Jun 11, 2014

The demonstrators, protesting for last 16 days for the capital punishment to the war criminals, tied letters with the balloons in memory of the martyrs before releasing. eFormula Evolution

on Jun 21, 2014

21 beginning at 4 p.m. and will consist of meals vehicles, a warmed covering, apocalyptic films and stay songs by the Unusual Houseflies and Alanna Fugate. Sydney

on Aug 1, 2014

While there are many benefits of Charlotte SEO services the following are most important for businesses. Our Charlotte marketing agency specializes in SEO to make your work easy as a business enterprise. venus factor download

on Aug 3, 2014

21 beginning at 4 p.m. and will consist of meals vehicles, a warmed covering, apocalyptic films and stay songs by the Unusual Houseflies and Alanna Fugate. similar web site

on Aug 10, 2014

Randi Zuckerberg and an amazing array of mom and dad bloggers will give back to their communities and parents and kids all over the world. check out Christopher's profile

on Aug 7, 2014

Each of the current manage is outstanding constantly in place, with the exception of myself personally apple ibeacon as well as, following a three-month transformation, my own CFO, which will always be planning to conduct for me personally and then. in those responses

on Aug 13, 2014

Surprising that Los Angeles is so close to Detroit in this measure. What a sad statement for Southern California. Glad I'm not one of the. Sultan Alhokair's current position

on Aug 28, 2014

While there are many benefits of Charlotte SEO services the following are most important for businesses. Our Charlotte marketing agency specializes in SEO to make your work easy as a business enterprise. the truth about cellulite reviews

on Oct 13, 2014

I havent any word to appreciate this post.....Really i am impressed from this post....the person who create this post it was a great human..thanks for shared this with us.
megashare full movie turbo

on Sep 9, 2014

This is very educational content and written well for a change. It's nice to see that some people still understand how to write a quality post!
taxi hochgurgl

on Jul 17, 2014

Your post will be rather good and I'm sure some will find it interesting because it's about a topic that's as widely discussed as others. Some may even find it useful.Thanks so much for your post.Bollywood Calendar

on Aug 4, 2014

Marketing of a medical unit and distributed terminology and accomplish technology assisting the Spanish terminology interpretation medical lifestyle. read more

Please or Register to post comments.

What's Rent Talk?

Rent Talk is the premier blog of Rental Equipment Register Magazine

Contributors

Michael Roth

Michael Roth has covered the equipment rental industry full time for RER since 1989 and has served as the magazine’s editor in chief since 1994. He has nearly 30 years experience as a...

Gary Stansberry

Gary Stansberry is president of The Stansberry Firm LLC and specializes in business sales, fair market business valuations, operational consulting and positioning businesses to increase their value.
Blog Archive

Sponsored Introduction Continue on to (or wait seconds) ×