FMC Technologies, Inc. (NYSE: FTI) acquired Pure Energy Services Ltd headquartered in Calgary, Alberta, Canada, on October 1st, 2012. Operating as FMC Technologies Canada Ltd., in Canada and FMC Technologies Completion Services Inc. in the US, FMC Technologies now has a new Completion Services division under their Surface Technologies business unit.
FMC Technologies now offers a more comprehensive suite of services to boost safety, efficiency and reduce environmental impacts. Completion Services is comprised of two main operating segments, Frac Flowback and Cased Hole Wireline services.
* Frac Flowback uses a closed loop system, frequently referred to as a “Green Completion” that filters out sand, water, oil, and minimizes the venting of natural gas, so customers can sell it instead of waste it.
* Cased Hold Wireline provides a variety of downhole services that primarily include perforating, well integrity, reservoir analysis, and production logging. In addition to conventional wireline services, FMC Technologies offers Fiber Optic sensing technology which combines temperature and acoustic data to provide dynamic flow profiling, frac optimization, and enhanced oil recovery monitoring.
Completion Services operates throughout most major shale plays in the US and Canada, and continues to expand geographically in North America and internationally to increase coverage for its services. The majority of Completion Services’ business involves the provision of oilfield services relating to the completion of new oil and natural gas wells, producing wells, and wells scheduled for abandonment.
Completion Services has expertise in servicing resource plays being developed using enhanced drilling and completion of technologies for both oil and natural gas, such as hydraulic fracturing and horizontal drilling techniques.
Completion Services is working with other FMC Technologies Products and Services to provide an integrated approach to creating customer success. This integrated approach is a unique value proposition focused on improvements in safety, quality, delivery, and costs. Collaboration with FMC Technologies Subsea Systems is also driving new innovative service offerings focused on water treatment, improved equipment life, shorter lead times, and reduced costs.
Completion Services’ commitment to safety, technology, efficiency and complementary service lines is designed to provide our customers with a high quality, integrated service offering. We focus on providing superior value – getting the job done properly and safely the first time, every time.
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