The American government released information saying that low oil and gas prices put more than $100 billion dollars back into the pockets of drivers last year alone. Low prices at the pump are a welcome sign for North Americans–we drive more than anyone. But just because prices are so low doesn’t mean that everything is all good everywhere.

Economics is about booms and busts, peaks and valleys. The oil and gas industry has fallen on some hard times because of low prices, and that makes services from ScanTech all the more valuable. The misconception in the industry is that good economic times are the best time to get your vessels scanned. The reality, however, is the opposite.

Prices at rock bottom

Drive around Canada and you’ll see gasoline prices around 70 cents per litre in many areas. Drive through the American South and you might see prices for $1.75 a gallon. We haven’t seen prices like this in a long time. The only ones not happy are the oil industry. Billions in revenue have been lost with drilling and processing operations around the world scaling back.

With prices falling, plants and refineries need to be more cost conscious, so it’s easy to see why so many are not shelling out the extra money for scanning services. The problem is that not getting these services actually costs more in the long-term. When times are bad, plants need scans more than ever.

Why have your vessels scanned now?

The price of scans pales in comparison to the amount of revenue being lost in the industry, and plants that have their vessels scanned actually receive big financial benefits. When times are tough, you need to be on the lookout for any way you can to save money. A scan will:

  • Optimize operations, helping you run at peak efficiency
  • Improve running conditions of your equipment, generating more profit
  • Guard against irreversible damage and potential shutdown of operations

The ScanTech Advantage

ScanTech understands the difficult situation that we’re all in right now. We’ve been in the business long enough to know that a tough oil market means a tough overall economy. Our clients are some of the largest, most complex, and most successful operations in the world, so we know a thing or two about what it takes to keep a big operation going. With our gamma scans and other vessel scanning services, we can help you stay efficient and afloat in these tough economic times.

Contact us today to find out more about how our scanning services can help.