Liner Systems Multi-Well Contract with Major Operator in U.S. Rockies
The Rocky Mountain plays continue their climb to record production. The complexity of drilling and completion technologies aimed to sustain continuous production growth coupled with oil price fluctuations demand technology optimization and the lowest costs possible to bring production online.
Frontier Oil Tools has recently brought best-in-class Liner System technology into the industry. As a result, the company was successful in an award on a multi-well contract for Liner Systems with a major operator in the U.S.
The contract will permit one of the major operators to run best-in-class completion technologies and optimize well completion for cost, efficiency & run time.
“Our in-house engineering and manufacturing allowed for quick turnaround, superior technology, and very competitive pricing, which resulted in such an award,” commented Eric Blanton, President of Frontier Oil Tools.
About Frontier Oil Tools
Frontier Oil Tools is a service company providing an innovative and cost-effective suite of completion systems and services for maximum hydrocarbon recovery. Research, development & manufacturing of its own technology products is the basis of the company’s competitive advantage. Frontier Oil Tools is a subsidiary of NewTech Services Holding Limited, an international oilfield services company founded in 2009. NewTech Services Holding Limited develops technology and expertise within 4 Business Divisions: Drilling Services, Completion Systems, Integrated Project Management and Capital Equipment. NewTech Services Holding Limited supplies technology products and services to the oil and gas exploration and production industry in Russia and CIS, Europe, Middle East, North and South America.
About The Rockies Oil & Gas Area
The Rocky Mountain region is one of the major oil and gas regions in the U.S. with a continuous production growth over the last several years. Many operators in the Rockies are picking up the trend of drilling longer lateral wells and experimenting with completion designs. The general objective remains to increase the productivity of the new producing wells in a higher proportion versus the cost increase associated with these more complex wells.