As oil and gas prices remain lower for longer, producers seek opportunities for continuous improvement. Great strides have been made since 2015 in reducing breakeven prices.
Packers Plus was prompted to develop a new monitoring technology that can be mounted at the wellhead, detect real-time operation of downhole tools for each frac stage and be inexpensive enough to install on a routine basis.
Oil and gas producers have succeeded in boosting production from horizontal wells in unconventional reservoirs over the last decade. This is attributed to advances in directional drilling, longer laterals, and multi-stage stimulation techniques.
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This article, written by Packers Plus’ Senior Economist & Business Strategist, Dave McLellan, argues that global demand for oil will continue to rise into the future, and that Alberta stands out among oil producing countries for its professionalism of its operators and genuine care and concern for the environment. The world would benefit from more Alberta oil, not less.
This article notes that Packers Plus, which pioneered open hole completions in western Canada, has also applied its StackFRAC ball-drop technology, first designed for open hole completions, to plug and perforation (plug and perf) with a cemented liner.
This article explores opportunities for Canadian oilfield services in the current market downturn. It states that national oil companies in the US and outside of North America represent promising export markets and identifies obstacles to working oversees. Among these are political risks, company size and shifting geopolitics.
Calgary Flames Forward, Joe Colborne, plans on being front and center as the Calgary Flames host Canadian Armed Forces Appreciation Night at Scotiabank Saddledome on Monday against the San Jose Sharks. Colborne hosts, in partnership with Packers Plus Energy Services Inc., members of the Canadian Forces at every home game in an initiative dubbed Colborne’s Forces.
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Fracking technology company Packers Plus Energy Services Inc. said Monday it has won a $7.7-million judgement in a patent infringement lawsuit against rival Canuck Completions Ltd., a decision that could have implications for other similar lawsuits it is pursuing.
Packers Plus Energy Services (USA) Inc. recently bought 17.4 acres in the Tomball Business and Technology Park from Tomball Economic Development Corp. for an undisclosed amount, Colliers
International announced last week.