Churchill technologies 'in big demand in Middle East'
ABU DHABI, November 10, 2018
Churchill Drilling Tools, a global oilfield service company specialising in drilling innovation, has registered a record demand for its technologies and services in the Middle East as it approaches its third anniversary in the region.
Operator demand for the company’s flagship tool, the smart dart activated DAV MX CircSub, is unprecedented across the globe and the Middle East in particular, said a statement from the company.
With more than 150 runs in the region already this year, the company is reporting more than 60 per cent growth so far in 2018 and is predicting orders to more than double by the end of December.
Churchill also reported rising demand right across its product lines. The number of operators in the Middle East running the HyPR Holesaver, the safest low cost means of recovering from stuck pipe, has doubled in the last two years, said the statement.
Operator demand remains significant for Churchill’s downhole pipe drift verification tool, the Drift Catcher and its latest product, the Self Filling Float Trigger, the fastest and simplest float system on the market, it added.
Churchill’s General Manager in the Middle East, Nicholas Kjaer, said: "In just three years, we have enjoyed exceptional growth in the region. Operators have overwhelmingly welcomed our technology creating a demand that has exceeded our expectations."
On its rapid growth, Kjaer said: "Middle East operators demand tools that are reliable, resilient and flexible which are simple to use and cut operating time. They also want a partner that can provide 24/7 specialist and operational support, delivered by an experienced, committed and quality team."
"I’m proud that the quality of our tools and the exceptional talent and commitment of our team has established Churchill as one of the leading service companies in the region," he added.
Kjaer pointed out that three years ago the company entered a market that showed signs of recovery, but ultimately was still struggling.
"Today the Middle East energy market is buoyant and consequently we’re seeing operators become increasingly supportive of new technology. Drilling Engineers are now more inclined to focus on value and not necessarily the lowest price when considering the most effective tools to deploy," he noted.
Kjaer will be available on the Churchill Drilling Tools stand at Adipec 2018, at the Abu Dhabi National Exhibition Centre (Adnec) which kicks off on Monday (November 12) and runs for the next three days.
Churchill said its range of industry-leading dart activated technologies has redefined and improved many of the oil and gas industry’s existing downhole processes, from exploration through to abandonment.
Quick and easy to deploy, the US company’s suite of smart darts has delivered thousands of hours of savings to operators worldwide, it added.
Kjaer pointed out that the company's growth in the Middle East had been matched by significant investment in infrastructure, talent and servicing capabilities.
"It is an extremely exciting market for us and we’re confident the strength of our customer proposition and our commercial strategy will ensure continued growth in the region" he added.-TradeArabia News Service
