Deep Casing Tools Awarded First Order for Tools

(Press Release)
Wednesday, July 11, 2012
The Turbocaser Express

Deep Casing Tools has announced its first order of tools for the challenging Oseberg field in the Norwegian sector of the North Sea. 

Statoil has ordered 7” Turbocaser Express tools to support  the Oseberg East development. The Statoil application follows other international successes with the technology this year.

Deep Casing Tools’ breakthrough Turbocaser Express delivers a step change in the well construction process. It is a high-speed drillable reaming system that enables casings and intermediate liners to be landed at target depth first time. After normal cementation, the unique internal assembly can be drilled through in minutes in one cost effective operation. The Turbocaser Express is an enabling technology for all wells, to ensure casing is set at the planned depth, a fundamental building block of improved well integrity. The Turbocaser Express has particular application where hole conditions can deteriorate with time and where wiper trips can be eliminated.

Lance Davis, CEO Deep Casing Tools said "We are pleased that our unique technology has been selected for use in this important and challenging well. We greatly appreciate the confidence that Statoil has demonstrated by placing this first order with us."

 

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