April 29, 2016 - 5:29 PM EDT
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Enventure Announces Successful SameDrift™ Technology Qualification Test

Single-Diameter System Expands the Possibilities in Expandable Technology

HOUSTON, April 29, 2016 /PRNewswire/ -- Enventure Global Technology, the pioneer in solid expandable technology, today announced the successful qualification testing of its SameDrift™ Technology.

SameDrift™ is a drilling liner with an industry standard drift diameter that matches the previous casing string run in a well. The solid expandable system was installed in a test well to verify the functionality of all SameDrift™ Technology system components together in drilling fluid and to drill out the expanded shoe with industry standard size tools.

Enventure has incorporated experience from over 1,800 installations of expandable systems to improve resilience and reduce complexity of the new SameDrift™ single diameter system. The result promises a system applicable in a wide range of environments for operators around the globe.

"This marks a significant milestone for expandable monodiameter technology," said Alastair McClean, President & CEO for Enventure. "SameDrift™ technology promises to provide a simple & reliable solution for operators facing challenging wellbore conditions because it provides features and capabilities that were not previously available, including the ability to rotate and reciprocate the liner to help work it to setting depth and to improve cement job quality," he explained.

Enventure's SameDrift™ system expands solid steel tubulars using their proprietary expandable shoe and CLEAR® cone design for a solution that leaves no part of the liner unexpanded which makes it relatively straightforward to drill ahead into the next hole section.

The SameDrift Openhole Liner system ties back to casing without the loss of internal diameter, providing a continuous drift. The SameDrift Openhole Clad system isolates a trouble formation in the well without anchoring back into existing casing and provides the same drift below the previous casing with lengths from a single joint to over 1,000ft. SameDrift™ is currently available for use below 13-3/8" to 14" casing and provides a 12¼" drift diameter. Work is under way to provide an 8½" SameDrift™ system soon with other sizes to follow, according to market demand.

Enventure expects to install the first commercial 12¼" SameDrift™ system in June or July of this year.

Enventure
Houston-based Enventure Global Technology, Inc. continues to be the world's leading provider of solid expandable technology solutions for the energy industry.  The company has a global presence with operations in North America, the Middle East, Asia Pacific, South America, Europe and the Far East.  For more information, visit www.EnventureGT.com.

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/enventure-announces-successful-samedrift-technology-qualification-test-300260360.html

SOURCE Enventure Global Technology, Inc.


Source: PR Newswire (April 29, 2016 - 5:29 PM EDT)

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