We’ve reached an important milestone recently which is that we’ve deployed well over 1000 feet of TriStim guns during the first half of 2016. 1000ft doesn’t sound much, but it’s about nine-tenths the height of The Eiffel tower, about four-fifths the height of The Empire State Building and three times the height of Big Ben. That’s a lot of guns!
Truly global reach
These guns have been deployed all around the world From New Zealand to Canada and North America, via Asia Pacific and Europe. We’ve deployed conventionally for production enhancement, unconventionally for pre-frac and we’ve fulfilled orders for both onshore and offshore wells.
All in all, the year of convergent perforating continues confidently with repeat orders from existing customers and invitations to tender from new customers that have specified TriStim.
Great results too
All of these deployments are helping us understand how TriStim performs in different types of rock. We now believe our ideal operating landscape extends across a range from 3000 USC up to 35000 UCS rock. This covers 85% of global wells.
Some of the great feedback from jobs this year includes:-
- TriStim delivered a 29% higher treatment index which in turn delivered, ease of fracture
- The TriStim stages recorded lower treatment pressure
- TriStim delivered more success pumping 30/50 proppant
- TriStim delivered more success pumping designed total proppant
- There were reduced screen outs when using Tristim
- TriStim stages treated better than conventional shot stages
- Breakdown pressures were lower for TriStim stages
- More proppant placed for TriStim stages
- Maximum proppant concentration higher with TriStim than conventional
- Perforating with TriStim delivered “significant production increase”
“The job went beautifully and we are very pleased with its performance”
Roy Geoghegan, Petroleum Geologist and Co-Owner, Anderson Operating, Louisiana.
Entrenched, and ready for rapid growth
In addition to these successful deployments, we’ve been hard at work consolidating the aspects of the business that need to be in place to enable the technology to scale rapidly. Commercial objectives that have been delivered upon and which are supporting deployments around the world include:-
- Proven routes to market are in place and more are being opened up week by week.
- Service company collaborations are in place and more are being negotiated.
- Manufacturing agreements are in place with two of the most important global energetics players.
- Operator endorsements are evidenced by validated results and by TriStim specified in tender documents.
We’re proud that TriStim is now fully entrenched in the industry as a recognised and trusted perforating system. Our focus now is the next 6 months of rapid growth.
Learn about convergent perforating
We’ve recently opened up our online training to the industry generally.
If you want to brush up on your knowledge whilst learning about the future of perforating, just click the button below. It’s free, and it will take you about 40 minutes to complete. You’ll even get a certificate!
Request access to the TriStim Foundation Course
A 40 minute introduction to the TriStim Perforating System and a certificate of completion when you're done!Get trained