Scandoil  

Neo Oiltools’ drilling technology NeoTork mitigates slip-stick and vibrations


Published Mar 19, 2015
Neo Oiltools - NeoTork
Neo Oiltools - NeoTork

Luxembourg headquartered Neo Oiltools has launched its ground-breaking down-hole torque management tool, NeoTork.

NeoTork automatically manages torque generated from the drill bit and mitigates axial and torsional vibrations. As a result it brings down the drilling time, reduces the cost of drilling operations while improving drilling performance.

“It is during times of challenge, such as the one the industry currently faces, that we often see new technologies emerge because service companies need to find ways to differentiate themselves,” said Pascal Bartette, Neo Oiltools CEO. “NeoTork addresses the operators’ challenge to cut costs and improve efficiency while limiting the number of trips that always remain a safety exposure.

“We expect NeoTork to be a very significant step forward for the oil and gas industry,” Mr Bartette continued. “There’s no other product that is as simple to use as NeoTork nor one that provides customers with such good value for their investment. Some have even called it ‘drilling made easy’ which I think sums up exactly what we’ve managed to create.”

Tags: Neo Oiltools




Advertisment:

Add a Comment to this Article

Please be civil. Job and promotion will not be added into the comment page.

(Use Markdown for formatting.)

This question helps prevent spam:

+ Larger Font | + Smaller Font
Top Stories

 

 

 

 


 


RSS

RSS
Newsletter
Newsletter
Mobile News
Mobile news

Computer
Our news on
your website


Facebook
Facebook
Twitter
Twitter

Contact
Contact
Tips
Do you have any
tips to us
Stats

 

sitemap xml