Drilling Efficiency

Key Strategies That Will Put You Ahead

What went wrong? The oil collapse has left a graveyard of devastation in its wake. From December 2014 to December 2015, an estimated 288,000 Texas jobs have been lost. That includes an estimated 72,000 direct oil and gas jobs and 210-220,000 indirect/induced jobs, according to Karr Ingham, a petroleum economist for the Texas Alliance of Energy. Thousands more were lost in other shale-plays not to mention service businesses in towns reliant on the oil boom.

In a land of untrustworthy forecasting trends it’s difficult to take any leading experts advice on a commodity that affects the livelihood of many Americans and some shale producers won’t start production back online until prices are higher. However, there is light at the end of the tunnel. “We can’t control the commodity prices, be we can control the efficiency of our wells,” said Ben Mathis, Statoil’s Eagleford operations manager. “The industry has taken this is as a wake-up call to get more efficient or get out.” Read more

ProOne provides coil tubing solution guaranteed to generate huge savings to operators. Read below:

OGPN NovDec 2015 pdf

ProOne Inc., announced the introduction of RustProTM Rust & Corrosion Inhibitor, capable of providing up to five years protection in indoor storage and 2-3 years protection outdoors. http://www.pro1industrial.com/proone-inc-introduces-rustprotm-rust-corrosion-inhibitor/

“It has been reported that corrosion costs US industries an estimated $170 billion a year. With its vast amount of metal equipment exposed to the elements, the oil industry has to absorb an above average share of these costs, especially during the recent downturn when so much equipment is being stored,” said Don Barnes, Executive VP of Sales and Distribution for ProOne. “ProOne can literally save the industry billions of dollars at a time when cost savings are so critical,” he added. Read more

https://www.oilandgaseurasia.com/en/tech_trend/innovative-drilling-mud-additive-dramatically-reduces-downhole-friction

Introduction

Following successful use by operators of its innovative XPL+ (Xtreme Pressure Lubrication) drilling mud additive in more than 700 North American wells, USA-based ProOne Inc., has expanded product distribution. Now primarily shipped from 300+ locations in twenty countries worldwide through major oilfield service company National Oilwell Varco’s Distribution NOW spin-off, Eurasia locations include Nizhnevartovsk, Sakhalin, Chengdu, Shanghai and Shanghai FTZ. Read more

Click here for PDF India Dew Journal April 2015

COSTA MESA, California April 7, 2015 – ProOne Inc. announced today that Jeff Victer has joined the company as Vice President, International Sales and Marketing. Mr. Victer will primarily be responsible for developing and implementing the international sales strategy, and developing new and managing international distributor relationships. Victer comes to ProOne after serving as Director, Global Sales with GoldenWest Lubricants Inc. where he was responsible since 2006 for establishing, developing and supporting distributors in 30+ countries around the globe. Read more

Specifically designed for Coil Tubing applications, ProOne has released another weapon that drills all plugs and provides pipe-on-pipe protection and performance.

CoilProPressRelease

ProOne Inc., announces today that the company has introduced CoilProTM Pipe on Pipe Treatment, a new product specifically for coiled tubing, after impressive field tests over the past year with leading completion services companies.

Formulated with ProOne’s proprietary XPL+® lubrication technology, CoilPro has a film strength that can withstand more than 200,000 psi of metal-to-metal pressure and can tolerate high heat up to 500 degrees F. CoilPro reduces the pipe on pipe friction between the coiled tubing and the casing, increasing the rate of penetration and helping drill all the frac-plugs. Read more

Maximum Well Cost Savings for Latin American Operators: ProOne Introduces NITRO

by Tim Wagner, ProOne Inc., for Petroleo Energia magazine

PetroEnergiaMarch2015

Introduction

With 20-percent of all underground oil reserves globally, and one of its countries (Venezuela) overtaking Saudi Arabia as having the largest proven reserves, Latin America is well-positioned to benefit substantially from new downhole drilling technology.
With the world’s oil industry essentially being turned upside-down as prices plunged to the $40/barrel range, drilling operations are suddenly on a boom-to-bust cycle. Seemingly overnight, significant capital budget cuts, major staff layoffs and a sharp focus on saving time and money have become the norm on rigs which are still operating.

R&D Secret Becomes Game-Changer Read more

Scandinavian Oil & Gas Article

Virtually eliminating friction, which typically causes every major problem in downhole drilling systems, is what the revolutionary XPL+ lubricant does. Results from 700-plus field-proven wells in North America have convinced operators tor permanently change to this drilling mud additive.

Developed and marketed by ProOne LLC, with dual USA Headquarters in Houston, Texas, and Orange County, California, the company’s R&D engineered the product around the leading edge science: reversing lubricant’s typical avoidance reaction to heat. In direct contrast, XPL+ embodies a positively charged molecular structure which lets it bond to absolutely any metal downhole despite extreme heat and pressure. Not only does that also deliver extreme pressure protection, it also translates into an unheard of fifty times conventional film strength. Read more