Home: Issue 3 2012 › Turbo powered
03/04/2012 | Channel:
Deep Casing Tools has announced significant business growth following the success of its innovative Turbocaser Express and Turborunner suite of high speed reaming technologies.
The company’s turnover rose to £2 million in 2011, double the figure for the previous year – and it expects turnover to double again in 2012 with plans to enhance its international expansion.
Deep Casing Tools’ breakthrough Turbocaser Express is a high-speed drillable reaming system that enables casings and intermediate liners to be landed at target depth first time. The Turborunner is a unique completion-compatible reaming tool that aids first time placement of the completion or liners at target depth. Suitable for all rigs and easy to deploy, it reduces risk at depth, time and costs.
Deep Casing Tools’ CEO Lance Davis said: “Turbocaser Express and Turborunner have a proven record in effectively reducing operational risk, time and money, and their success, coupled with Shalerunner, will be the backbone of our business growth.
“Their deployment is creating a shift in drilling culture. Operators are now showing greater confidence in reducing dependence on wiper trips, and instead are using our technology to land the casing and completion immediately after drilling when the hole is in the best condition.”