NewTech Services MWD systems successfully operate in the USА
26 Sep 2013
The services provided by NewTech include leasing out equipment assembled at the Company facilities.
First MWD systems were leased out to US customers in May, 2013 with over 35 jobs successfully completed within the four subsequent months. Over that period, MWD systems were run for a total of 4,896 hours with four incidents, three of which were associated with heavy shocks and vibration during wells drilling. The overall result is an average of 1,224 hours of incident-free operation, which is a fairly good indicator in the industry.