Packers Plus addresses low oil price with innovative new technology

May 19, 2015

May 19, 2015, Houston, Texas, USA

Packers Plus Energy Services Inc., the innovator of open hole multistage completions systems, announces the launch of the state-of-the-art ePLUS Retina monitoring system as a cost-effective solution for observing downhole events and their effects on the reservoir.

“Uncertainty in downhole operations can lead to costly delays,” said Dan Themig, Packers Plus President & CEO. “In the current economic context, the Retina system will allow operators to make on-the-fly operational adjustments with real-time data, ensuring a successful stimulation and maximum cost savings.”

Features and benefits of the Retina monitoring system include:

·        Monitors Packers Plus multistage completion systems
·        Clear indications of downhole operations in real-time
·        Does not interfere with stimulation operations
·        Optimizes reservoir stimulation and remedial operations
·        Provides detailed recorded data for future use
·        Built-in redundancy for all measurements
·        Self-contained unit
·        Small footprint on location

The ePLUS Retina monitoring system will be displayed at Packers Plus booth #231 at the DUG Permian Basin Conference in Fort Worth, Texas, from May 19-21, 2015. For more information, or to contact a Packers Plus sales representative, please visit www.packersplus.com.

About Packers Plus:
Packers Plus is an innovator of multistage completion systems and an industry leader in designing and manufacturing solutions for a variety of completion challenges. The privately held company, based in Canada, has run over 15,000 completion systems, accounting for over 224,000 fracture stages since it started operations in 2000. Today, Packers Plus has employees in 32 offices in Canada, the United States and internationally to maintain an influential role in key markets. The company has stayed true to its roots—an innovative company with a focused niche, enabling it to be one of the best in the industry.