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Friday, November 22, 2013
Release
Correlates with Enventure’s 15-Year Corporate Anniversary in Providing SET® Solid Expandable Technology Solutions
HOUSTON (November 21, 2013) —Enventure, the world’s leading provider of SET® solid expandable solutions for the energy industry, announced today that the company has reached a milestone of achieving 1,500 completed installations in 15 years utilizing its expandable technology. Since its founding in 1998, Enventure has “Been There and Done That” downhole in virtually every basin and formation type in the world.
The 1,500th SET solid expandable system was safely and successfully installed in a well located in North Dakota’s Bakken shale. The installation was the third in a series of high-performance single-joint expandable liners installed in the same well to isolate leaking frac sleeves.
“This milestone represents 15 years of Enventure’s unwavering dedication to assist the oil and gas industry in solving challenging downhole problems with our SET solid expandable technology solutions,” said Alastair McClean, President and Chief Executive Officer, Enventure. “We’re proud to have reached this landmark achievement during our 15th anniversary year and are committed to the innovation of new expandable technology solutions for the future created to maximize objectives for well drilling, completion, and production.”
From its first installation in 1998, Enventure’s SET solid expandable solutions have continued to assist customers in onshore and offshore environments, from shale plays to pre-salt formations, and in regions such as Europe, Latin America, North America, Asia Pacific, Africa, and the Middle East.
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