The purchase includes 11 coiled tubing units and associated intellectual property from Xtreme for a total of C$205 million (US$163.3 million). Xtreme's Coiled Tubing Services segment includes ...

Coiled tubing is living up to earlier predictions as one of the fastest-growing oil field technologies, with the global fleet of coiled tubing units having more than doubled over the last 10 years, ...

CALGARY, Alberta, Sept. 01, 2022 (GLOBE NEWSWIRE) -- STEP Energy Services Ltd. (the “Company” or “STEP”) is pleased to announce that its U.S. subsidiary, STEP Energy Services (USA) Ltd., has acquired ...

Dublin, Aug. 24, 2020 (GLOBE NEWSWIRE) -- The "Coiled Tubing Market by Fleet (Operator, Region), Service (Well Intervention Service (Well Completions & Mechanical Operations, Well Cleaning & Pumping ...

The shift to drilling horizontal laterals, especially in shale oil and gas plays in the US, has led companies often to use coiled tubing units for well completion and intervention work, concludes a ...

DUBLIN, Nov. 27, 2019 /PRNewswire/ -- The "Coiled Tubing Market by Fleet (Operator, Region), Service (Well Intervention (Well Completions & Mechanical Operations ...

There are a number of problems that can develop in a producing well that can negatively affect operations, production and ultimately revenue generated, such as failure of mechanical equipment, changes ...

Frontline field role executing coiled tubing (CT) interventions: rig-up/rig-down of pressure control equipment, safe operation of CT unit and pumps, live-well entry, and real-time control of depth, ...

YANTAI, China, May 18, 2015 /PRNewswire/ -- Jereh Group announced its coiled tubing unit which is commonly used for oil and gas production, has started a new revolutionary application in marine ...