Cathedral Energy Services announces enhancements to its FUSION™ Measurement-While-Drilling technology platform
15 Jul, 2015, 15:47 ET
/NOT FOR DISSEMINATION IN THE UNITED STATES OF AMERICA/
CALGARY, July 15, 2015 /CNW/ - Cathedral Energy Services Ltd. (TSX: CET) ("Cathedral") announces that it has officially released three product enhancements to its proprietary FUSION™ Measurement-While-Drilling ("MWD") technology platform. The enhancements include superior electromagnetic transmission capabilities, the ability to collect downhole drilling diagnostics and further ruggedizing the FUSION MWD platform to operate in increasingly demanding drilling environments. With these enhancements Cathedral's ElectroMagnetic ("EM") technology can be relied on by our customers in more formations and drilling environments than competitive technologies. In addition, the enhanced FUSION technology platform will offer customers superior reliability and performance compared to other systems.
Cathedral has been developing and manufacturing its own proprietary MWD technology platform since 2002 and in 2007 technology development was brought fully in-house. These technology development efforts have resulted in Cathedral's EM technology being recognized as best-in-class in the directional drilling industry. The in-house technology development and manufacturing capability also positions Cathedral to be highly responsive to customer needs and quickly adapt its technology for specific applications and situations.
The following is a summary of the recent FUSION technology platform enhancements:
FUSION EM-G5.0 - Enhanced EM Transmission
The industry leading capability of the FUSION EM system has been further improved by incorporating higher power levels and enhanced transmission and detection technologies. In addition, two-way (talk down) communication with FUSION EM-G5.0 allows power level changes to be made while drilling to optimize battery consumption and extend tool run times. As a result of these enhancements, FUSION EM-G5.0 now offers a means for our customers to realize the drilling time benefits of EM-MWD technology in a wider range of formations in key basins across North America where traditional EM systems have not been successful (e.g. EagleFord, Montney, Bakken, Lower Mississippian, Permian, Lower Utica).
HAWK™ - Downhole Monitoring System
Cathedral's HAWK downhole monitoring system is a recent addition to the FUSION technology platform which records stick-slip, shock and vibration data and transmits this information in real-time to surface. This information can then be used to alter drilling parameters to reduce excessive bit wear and mitigate downhole equipment damage. By using the HAWK system, operators are able to optimize rate of penetration while minimizing unnecessary trips and other non-productive time.
Vibration Dampening System
Utilizing data logged by the HAWK, Cathedral developed specialized mounting systems for gamma ray and directional sensors that can be tuned to greatly reduce the vibration levels experienced downhole. The result is ruggedized sensors that reduce downhole sensor vibration and shock levels significantly. With fewer downhole sensor failures, our customers will achieve more productive drilling time and the ability to pursue higher rates of penetration when using aggressive bits and drill string vibration tools.
Cathedral Energy Services Ltd. (the "Company" or "Cathedral"), based in Calgary, Alberta is incorporated under the Business Corporations Act (Alberta) and operates in the U.S. under Cathedral Energy Services Inc. The Company is publicly traded on the Toronto Stock Exchange under the symbol "CET". Cathedral, is a trusted partner to North American energy companies requiring high performance directional drilling services and dependable flowback and production testing solutions. We work in partnership with our customers to tailor our equipment and expertise to meet their specific geographical and technical needs. Our experience, technologies and responsive personnel enable our customers to achieve higher efficiencies and lower project costs. For more information, visit www.cathedralenergyservices.com.
SOURCE Cathedral Energy Services Ltd.
For further information: Requests for further information should be directed to:P. Scott MacFarlane, President and Chief Executive Officer, Randy Pustanyk, Executive Vice President and Chief Operating Officer or Michael F. Hill, Chief Financial Officer.Cathedral Energy Services Ltd.,6030 3 Street S.E., Calgary, Alberta T2H 1K2,Telephone: 403.265.2560 Fax: 403.262.4682 www.cathedralenergyservices.com
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