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TAZ to cause a stir at Amsterdam conference A novel technology which offers enhanced efficiency to the oil and gas industry is to be launched at the SPE / IADC Drilling Conference and Exhibition in Amsterdam by downhole drilling tool specialists XDT – a member of the Reservoir Group. The TAZ Multiple Activation Circulating Sub, which is patent pending, will make its industry debut as the first infinite activation sub to provide a truly unlimited number of activations downhole. Malcolm Greener, managing director of XDT, said: “The TAZ offers the drilling industry a major advantage in a truly infinite number of activations, affording enhanced efficiency and peace of mind. The SPE / IDAC conference offers an excellent platform to premiere our exciting new technology which we anticipate will attract considerable industry attention”. With wells becoming increasingly more complex, it is often likely that pumping large volumes of drilling fluid or lost circulation material will be required at some point during the drilling process, dictating it necessary that a circulation sub be run in the bottom hole assembly (BHA). Until now, these tools have had a limited number of activations. The TAZ tool offers a pioneering approach to impacting downhole drilling patterns by using a ‘magic ball’ to influence the flow port. The Taz is the first infinite activation circulation sub to provide a truly unlimited number of activations downhole. The tool remains dormant in the bottom hole assembly area until opened by pumping down a “magic ball”. The resulting pressure drop allows the mechanism to engage, opening three ports to the annulus.. Mr Greener said: “The central feature of the Taz system is that the “magic ball”, which is made of naturally degradable material, ‘disappears’ upon activation, ensuring that a 2” clearance is maintained through the tool at all times. Closing the ports is achieved by pumping down an identical ball, which also ‘disappears’ upon de-activation, leaving the tool dormant and ready to be activated again in a truly endless cycle.” XDT will also be showcasing its innovative solutions for the drilling sector including the WedgeTail sealed bearing roller-reamers and disposable stabilizers at the SPE / IADC Amsterdam conference from March 1 to 3. The Wedgetail Roller Reamer, a patented tool, continues to gain ground because of its proven reliability and strength due to its innovative rugged design. The sealed bearing rollers are easily replaceable by rig crew on the drill floor in minutes, hence saving critical rig time. Mr Greener added: “The benefits of roller reamer versus normal stabs have been known for 100 years to reduce stick-slip, reduce vibration and improve drilling performance. Unfortunately they were normally designed for ease of manufacture rather than with drilling and service in mind and were thought a necessary evil. XDT reversed this thinking, and the WedgeTail is designed with the drilling process and rig crew firmly in mind. Its significant track record, in the most challenging applications, is changing the perception of roller reamers and operators are increasingly turning to this technology to reduce operating costs.” |
Monday, 31 October 2011
CORPRO SECURES CORING CONTRACT WITH ENI IN NORWAY Corpro Systems Ltd, a member of international oilfield services organisation Reservoir Group, has been awarded a significant coring contract in Eni, the largest Italian energy company. The contract is...Read more...Monday, 24 October 2011
International oilfield services company, Reservoir Group, has announced the acquisition of GeoSearch Logging Inc, one of the largest geological and hydrocarbon well logging services companies in the US. Headquartered in Oklahoma, GeoSearch works with a...Read more...Friday, 29 July 2011
Oilfield service Reservoir Group has just completed its 13th acquisition in four years. Chief executive Pascal Bartette tells Ross Davidson there are plenty more to come, despite describing himself as a man without ambition. View Business Profile: Pascal Bartette...Read more...Monday, 18 July 2011
RESERVOIR GROUP ANNOUNCES ACQUISITION OF MAJOR CANADIAN OILFIELD SERVICES COMPANY International oilfield services company, Reservoir Group, has announced the acquisition of the assets and business of Canada Tech from IROC Energy Services Partnership (IROC). The deal demonstrates that Reservoir Group remains...Read more...Thursday, 07 July 2011
Our new brand – sealing our commitment to the reservoir We are delighted to introduce our new Group brand, which unifies our family of companies in a distinctive shared identity that will continue to reflect the unique contribution of each niche...Read more...Wednesday, 02 March 2011
TAZ to cause a stir at Amsterdam conference A novel technology which offers enhanced efficiency to the oil and gas industry is to be launched at the SPE / IADC Drilling Conference and Exhibition in Amsterdam by downhole drilling tool specialists (http://www.xdrillingtools.com)...Read more...Monday, 07 February 2011
Global-leading oil and gas services company Reservoir Group has expanded its operations in the US and entered a new industry sector after joining forces with The Mudlogging Company, a Houston-based company specialising in surface logging services. The alliance, which represents the second...Read more...Thursday, 06 January 2011
Scotland-based oilfield services company Reservoir Group (RG), whose Corpro and Dowdco businesses are global-leading coring specialists, is pleased to announce that it has formed an alliance with Quest Coring. Headquartered in Canada, Quest will distribute its innovative and exclusive large bore...Read more...Monday, 29 November 2010
Many thanks to everyone who visited the Reservoir Group stand at PETEX and entered the iPad Challenge! The winner, independently drawn at the end of the event, was Lauren Bryant of Oilfield Technology Magazine.Thursday, 22 July 2010
Global-leading oil and gas energy services company Reservoir Group has bolstered its growth after acquiring Enigma Data Solutions. The acquisition is part of Reservoir Group’s strategy to invest in valuable new additions to its already-strong cast of companies. The Enigma purchase...Read more...Friday, 26 March 2010
International coring specialist Corpro has won an ‘Oil Oscar’ for a pioneering new technology which looks set to become a major industry game changer. Corpro was awarded the top accolade for The Idea category at the prestigious Scottish Offshore Achievement Awards ceremony...Read more...Monday, 08 March 2010
Global leading oilfield services company Reservoir Group today announces the appointment of Christopher Gaut as chairman of its Board of Directors. Reservoir Group, which is based in Aberdeen and Dubai, specialises in downhole drilling tools, completions and production sectors. Mr Gaut is...Read more...Wednesday, 24 February 2010
Global leading oilfield services company Reservoir Group has been ranked in the top 10 of the Sunday Times 100 buyout track. The Group, which specialises in the downhole drilling, completion and production sectors, has leapt to number 8 from its ranking...Read more...Monday, 25 January 2010
Reservoir Group (RG) is pleased to announce the appointment of Malcolm Greener as Managing Director of its XDT division. XDT is the recently launched downhole drilling tools & services division of Reservoir Group which is focused on the globalisation of XDT’s range...Read more...Wednesday, 06 May 2009
Rapidly-emerging downhole drilling products and services group, Reservoir Group, is bringing its coring capability to the Gulf of Mexico and is using OTC as the opportunity to announce the launch of its coring service activities. To view more information, click here (http://www.rigzone.com/news/article.asp?a_id=75833).Wednesday, 29 April 2009
Enigma Data Solutions has developed an extension to its highly successful PARS (Project Archive and Retrieval System) suite that automates the backup of diverse application data from geotechnical, reservoir characterization and office applications. Using PARS Backup data managers can now confidently...Read more...Thursday, 23 April 2009
The annual Sunday Times PricewaterhouseCoopers Profit Track 100 was published for the 10th year on April 19th 2009. This prestigious league table features the UK’s private companies with the fastest-growing profits measured over the last three years of available audited accounts. Reservoir...Read more...Thursday, 16 April 2009
Reservoir Group is on track to secure its intention of becoming a global market leader in integrated downhole products and services after technology driven sales doubled revenue to $90 million in the last 12 months. The Group has taken the decision to...Read more...Monday, 10 November 2008
Reservoir Group has acquired a second London-based company in its fifth deal in six months. This latest acquisition will lead to the creation of a new data management division within the group. This deal to acquire InfoAsset underlines the group’s intention of...Read more...Wednesday, 03 September 2008
Completion of its fourth deal in less than a year is ensuring that Reservoir Group is on track to achieve its global ambitions. The group, which aims to become a global leader in integrated downhole drilling products and services to the oil...Read more...Wednesday, 03 September 2008
Reservoir Group has just completed its fifth acquisition. The group, which aims to become a global market leader in integrated downhole drilling products and services to the oil and gas industry, has snapped up an Australian business which designs and manufactures...Read more...Thursday, 26 June 2008
Reservoir Group, a newly formed UK business, head-quartered in Aberdeenshire, is set to become a global market leader in integrated downhole drilling products and services with projected turnover of £250 million in five years. The group, backed by Houston private equity firm...Read more...Thursday, 26 June 2008
Fast-rising UK business, Reservoir Group, has completed its third deal since forming from a management buy-out of an Aberdeenshire-based company last May. The group, which aims to become a global leader in integrated downhole drilling products and services to the oil and...Read more...Thursday, 26 June 2008
Reservoir Group, a newly formed UK business, has just completed its first acquisition which sets the group on its way to becoming a global market leader in integrated downhole drilling products and services to the oil and gas industry. The Aberdeenshire-headquartered group...Read more...Friday, 11 April 2008
Oil & gas data archiving specialists Enigma Data Solutions, Ltd. today announced the successful testing of its geotechnical archiving solution, PARS, with NetApp’s NearStore Virtual Tape Library (VTL) appliances. This new development enables oil companies to manage data archiving more cost...Read more...site design and build | © covey mccormick 2010

