Cold Bore Technology Inc., the leader in frac completions automation and platform technology, said on May 4 it has recorded growth in new customers, revenue, team size and technology infrastructure during first-quarter 2021.
The fleet has surpassed a cumulative 7,000 TITAN pump hours and is the first fleet to use 100% natural gas for fracturing completions in the Haynesville, the company said on April 29.
Combined with other recent project wins in the Middle East, Aquaterra Energy will now deliver an estimated £1 million ($US1.37 million) of riser analysis work over the five-year period.
This release provides a number of powerful updates to the XSPOC platform, including advancements in setpoint optimization for rod lift wells and AI-driven autonomous control to better optimize production assets with less resources and time.
A new technology empowers companies to efficiently take inventory and asset management into the modern digital oilfield age.
New non-toxic corrosion inhibitors economically extend asset lifecycles and deliver environmental gains.
Companies will jointly commercialize and deploy innovative and efficient subsea interventions and controls.
Ingersoll Rand Inc., a global provider of mission-critical flow creation and industrial solutions, completed the majority interest sale of its High Pressure Solutions (HPS) Segment to the private equity firm American Industrial Partners (AIP), effective April 1.
Halliburton Co. has successfully delivered to a major operator real-time control of fracture placement while pumping on a multi-well pad using the SmartFleet intelligent fracturing system in the Permian Basin, the company said on March 30.