Northern Oilfield Services has officially announced on Aug. 5 that it will be teaming up with Power Feed-Thru Systems & Connectors, also known as PFT Systems.
PFT Systems, established in 2005, is an international electrical connector company that engineers and manufactures high voltage high-pressure systems and other durable wellhead parts with their patented Black Gator product line. Northern Oilfield Services looks forward to its partnership with PFT Systems because of the high-performance, reliability and industry-leading quality of the equipment.
“Mike Colescott and his team do really great work at PFT Systems. We have been throwing the idea around of a partnership for a while now, and we are thrilled to be working with a great company that has similar values to Northern Oilfield Services,” Sheldon Van Vost, Northern Oilfield Services CEO, said.
While Northern Oilfield Services is still in its infancy—just passing its two-year anniversary—they seem to be surprising many in the oilfield industry with their rapid growth and success in such a short period of time.
Northern Oilfield Services anticipates that, with this partnership underway, other oil and gas companies will seek higher quality wellhead and electrical equipment to make projects safer and run more efficiently.
Husky, the operator and majority owner of the White Rose Field, said it expects production there to ramp up to about 20,000 barrels per day after the start-up.
Producers completed 5,749 wells in Texas from January to July versus 6,514 in the same period last year, the Railroad Commission of Texas said on Aug. 16.
Companies added six oil rigs in the week to Aug. 16, the biggest increase since April, bringing the total count to 770, Baker Hughes, a GE company, said in its weekly report.