Vertice Oil Tools Inc., a provider of downhole completions and recompletions technology, has added substantially all of MorphPackers Ltd’s (Morph) assets to its re-completions capabilities.
Morph’s re-frac products will provide Vertice customers with broad re-frac technology capabilities, said Vertice CEO Mohamed Saraya. Morph’s cementable production MorphAnchor and STORM re-frac packers include ultra slim liner hangers, slim hole frac plugs and expandable steel and open hole packers.
The addition of Morph’s re-frac technology will add to Vertice’s customer offers. The oilfield products and services company specializes in downhole completions and re-completions tools including its Edge plug, V-Release re-frac liners, Hy-form steel packers, Apex dissolvable casing floatation plugs and Optimus toe sleeves. The Edge plug is a patented “ball-less” plug that allows for fracking without pump-down fluid with a bypass contingency in case of misfires or presets.
Vertice is backed by SCF Ventures, an investment vehicle within SCF Partners. Their focus is on providing differentiated capital to companies to advance technologies in the energy services sector.
Recommended Reading
Phillips 66 Reaches Milestone at San Francisco Bay Area Refinery
2024-04-02 - By the end of second-quarter 2024, Phillips 66 aims to have the complex finished and producing more than 50,000 bbl of renewable fuels.
Bunge, Chevron Announce FID on Oilseed Processing Plant
2024-03-05 - Bunge Chevron Ag Renewables' facility will be used to manufacture low carbon renewable fuels from oilseed.
CERAWeek: NextEra CEO: Growing Power Demand Opportunity for Renewables
2024-03-19 - Natural gas still has a role to play, according to NextEra Energy CEO John Ketchum.
One Man's Trash? Treasure of RNG Prospects Available for Waste Facilities
2024-02-21 - About 4.4% of current U.S. fossil gas demand could be displaced by RNG from waste, a new Deloitte report shows.
Alberta to Ban Renewables Projects on Prime Agricultural Land
2024-02-28 - Alberta will ban renewable power projects on prime agricultural land and erect buffer zones to ensure wind turbines do not spoil scenic views.