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 ...

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 ...

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, ...

Dublin, Dec. 30, 2019 (GLOBE NEWSWIRE) -- The "Coiled Tubing Market by Fleet (Operator, Region), Service (Well Intervention (Well Completions & Mechanical Operations, Well Cleaning & Pumping ...

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

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 ...

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 ...

A unit of Shell Oil Co. has claimed an oil industry first in a novel use of 3 1/2 in. coiled tubing in California's Huntington Beach oil field. The project involved installing 3 1/2 in. coiled tubing ...

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 ...