Deep Casing Tools Continues Global Growth
Deep Casing Tools, which has an innovative range of tools designed to land casing and completions at target depth within oil or gas wells, has appointed Jason Henry and Magnus Wardle as Vice-Presidents of Business Development and Technology respectively, further strengthening the global team.
Jason has extensive experience in the oil and gas industry, originally joining Baker Hughes in 1986 with operational and project management roles in Europe. Later, Jason joined the Baker Hughes Global Leadership group in Houston as Global Marketing and Commercial Excellence Director and then moved to GE Oil & Gas as Global Sales Director for the Downhole Technology Division. Jason has an Honors Bachelors Degree in Geology from the University of Newcastle Upon Tyne, a Masters Degree (with Distinction) from the Department of Mining and Mineral Engineering at Leeds University and is Advanced Certified with the Chartered Institute of Marketing.
Magnus is a graduate of Brunel University and he has over 20 years of experience in various product development and technology management roles. His career includes roles with Elmar, Schlumberger (SLB), PSL, Halliburton Boots & Coots and most recently Engineering Director with Wireline Engineering.
Lance Davis, CEO of Deep Casing Tools, said, “Several first runs of tools for new clients in Canada and New Zealand demonstrate Deep Casing Tools’ continued success across the globe. Similar operations have been performed in the North Sea and the United States where operators have already applied the technology in the Bakken, Niobrara, Permian Basin, Eagle Ford and Gulf of Mexico. Reducing the risks and costs associated with landing casing at depth is core to our business, and our products are increasingly solving such issues on an international scale. It's certainly an exciting time to be joining Deep Casing Tools”.
Deep Casing Tools said it now has inventory in key locations throughout the world. Growth plans include recruiting talented individuals for technical and operational roles worldwide. Earlier this year, additional funding of £2.1m from the Scottish Loan Fund was successfully secured.