Oil Service Companies Who Are Riding The Storm Out

OKLAHOMA CITY - March 13, 2015 - PRLog -- With the current volatility of the crude oil market and a high percentage of companies seizing operations, cutting jobs, and gas prices dropping at a rapid rate, branding their oil related service or product is the last thing on the mind of many corporate decision makers.

ProductionBrokers.com, an oil and gas related website that hosts live eCommerce oil field equipment auctions, listings of oil and gas leases, and interactive oil field service databases, has seen an increase in their advertising programs since January. “A large downturn is seen as a huge opportunity for forward thinking companies to hunker down and optimistically plan for the long haul. When the price of oil eventually goes back on the upward trend, these companies will be looked at as those who weathered the storm, adapted to the market, and were strong enough to still brand their company.” Stated Tom Field of ProductionBrokers.com.

As the price of oil fell sharply on Friday, and merger talks begin within the energy sector, companies who are deciding to push their service to market in the downturn, do give hope that there is a light somewhere at the end of the tunnel.