NEWCO WELL SERVICE has been operating in the oil service market since 2000 to provide innovative, engineered solutions to its customers involved in the exploration and development of oil and natural gas reserves.
NEWCO has grown from a small regional supplier of cementing services to a large full service pressure pumping company in Russia within 8 years. NEWCO WELL SERVICE has 11 Fracturing fleets, 5 Coil Tubing units, 7 N2 units, and 5 sets of cementing equipment that is run by highly trained and reliable staff.
The company has got all required licenses and certificates to perform Cementing, Fracturing, Acidizing, N2 well completion with Coil.
NEWCO is an approved holder of ISO 9001 certification (Standard GOST R ISO 9001-2001 /ISO 9001:2000) The Company has been certified since December 18, 2006 and adheres to all of the quality control guidelines for services, products and management.
A Parent company TRICAN WELL SEVICE, the largest pressure pumping provider with growing international operations, provides NEWCO with state-of-the art technologies and equipment.
The company ensures that employees work in safe environment as well as other people involved in Newco daily operations. Health protection, observation of the safety requirements and environmental protection are prerogative among other objectives of the company, and company’s management undertakes all required measures to make these goals real and that policy obeyed.
Target Regions
The Company is operating in Western Siberia, Krasnoyarsk, Volga and Urals areas of Russia, as well as in Kazakhstan.
Key Projects
Newco’s Customers are the largest Russian oil companies: TNK-BP, Rosneft, Russneft, Gazpromneft, LUKoil and others. Newco was awarded a three-year fracturing contract 2008-2010 for BU “EAST”, TNK-BP; A three year fracturing contract 2007-2009 for Yuganskneftegas, Rosneft; a three-year coil services contract 2008-2010 for Vankorneft, Vankor field of TNK-BP.
Areas of Activity
Onshore well stimulation services for oil and gas production enhancement.
NEWCO runs fully equipped operations bases and bulk plants in Western Siberia, Khanty and Yamal areas: Raduzhny, Nyagan, Nefteyugansk, Gubkinskiy cities; Urals and Volga area: Perm; Krasnoyarsk area: Vankor field (Rosneft); Kazakhstan: Kyzylorda.
Service Offering
NEWCO offers the following well services:
- Fracturing Conventional (from 5 tn of sand to 900 tn and more) New technologies in Fracturing: Fracturing on Horizontal wells; N2 Fracturing; Usage of Permeability Modifier WCA-1; Clean Sweep Frac technology (CSF); Low polymer Gel Quantum System; Selective Packer IsoFrac System; Liquid Packer; Dual Breaker System DRA2+Oxidizer;
- Cementing Primary and Remedial (dustless system of cement mixing, patented additives: lost circulation, gas migration control, delayed hydration and etc.)
- Squeezes & Acidizing
- Coil tubing operations (Cleanouts (sand, wax, scale, misc. debris); Milling and drilling; Wire line operations; Stimulation (Acidizing and Fracturing); Specialty tools for coiled tubing (Hydromill, Hydroclean tools).
Contact Details
Representative Offices:
Nizhnevartovsk
Severnaya street,
39 building 34
Phone #: (3466) 470601, 470590
Fax # (3466) 470601 (ext. 1010)
Moscow
1st Volokalamsky ride,
building 10/10
Phone: (495) 982-39-43
News and Articles
- Trican Well Services: In Talks to Sell US Pressure Pumping Business to the Keane Group January 13, 2016 - Trican Well Service Ltd. announces that it is in negotiations with Keane Group, a privately-held, U.S. based well completion services company (the “Purchaser”) for the sale of Trican’s United States pressure pumping business. Although talks are progressing, significant terms and conditions are still under negotiation. Accordingly, there can be no ...
- Rosneft: Q3 Results – Production Up 1.4%, Drilling Up 32.6% November 12, 2015 - Upstream – Daily HC production increased by 1.4% up to 5.14 mboed in 9M 2015 – Increase in drilling meterage by 32.6% in 9M 2015. Share of horizontal wells in total fund exceeded 30% – Fourfold growth rate of 2D seismic resulted from active works in Arctic region – Sustainable ...
- Rosneft Acquires a Russian Oilfield Service Company from Trican Well Service Ltd. August 17, 2015 - A company of the Rosneft Group and a subsidiary of Trican Well Service Ltd. signed a framework agreement and ancillary documents, pursuant to which a Rosneft subsidiary agreed to acquire a 100% shareholding in Trican Well Service LLC, which provides high-quality pressure pumping services focused on enhancement of production within ...
- Trican Reports Second Quarter Results for 2015 August 17, 2015 - Consolidated revenue for the second quarter of 2015 was $230.6 million, a decrease of 57% compared to the second quarter of 2014. The adjusted loss was $85.3 million and adjusted diluted loss per share was $0.57 compared to an adjusted loss of $36.2 million and adjusted diluted loss per share ...
- Trican Reports First Quarter Results for 2015 and Announces Suspension of the Dividend May 13, 2015 - FIRST QUARTER HIGHLIGHTS Consolidated revenue for the first quarter of 2015 was $476.1 million, a decrease of 26% compared to the first quarter of 2014. The adjusted loss was $60.3 million and adjusted diluted loss per share was $0.40 compared to an adjusted loss of $8.7 million and adjusted diluted ...
- Trican Halts Dividend Payment May 13, 2015 - Trican Well Service Ltd. announces that it is suspending the Corporation’s dividend until further notice. Since May 2006 the Corporation has maintained a dividend policy of paying dividends on a semi-annual basis. Since February 2012 this semi-annual dividend has been in the amount of $C 0.15 per share. However, given ...
- Technology Roundtable: Unconventional Oil May 22, 2014 - Russia is starting to develop its unconventional reserves with pilot projects and longer term plans in place. How do you see the current state of the unconventional sector in Russia and how quickly do you think full scale unconventional development in the region will take place? Weatherford: It is difficult ...
- Dan Doll, General Director of Trican Well Services, Speaks To ROGTEC Magazine July 3, 2013 - Dan Doll is the General Director of Trican Well Service in Russia. Mr. Doll joined Trican as Executive Director, Operations in 2011, and is now responsible for Trican’s overall operations in Russia. Mr. Doll is a professional engineer with 20 years experience in the pressure pumping industry. He began his ...
- Technology Roundtable: Coiled Tubing May 23, 2013 - Coiled tubing has become increasingly popular in Russia in recent years. What is the current level of utilization at the moment? Baker Hughes: Current market data estimates a CT unit count of roughly 250 in Russia & the CIS, which is up 24 units from the 2012 count of 226. ...
- TNK-BP Applies Improved Multistage Hydraulic Fracturing Technology to Boost Well Performance in West Siberia August 17, 2012 - TNK-BP has become the first company in Russia to apply a unique improved multi-stage hydraulic fracturing technology to develop hard-to-recover reserves at mature fields in West Siberia, thereby reducing well completion cycle and costs. TNK-BP is implementing a comprehensive programme to boost production performance of its mature fields in West ...
- ROGTEC Technology Roundtable – Fracturing August 31, 2010 - Michael Tulissi: International Technical Director for Fracturing Services with Trican Well Service Andrey Smarovozov: Director, Pressure Pumping, Russia & Caspian (Marketing and BD), Baker Hughes Kevin Mullen: Senior Production Stimulation Engineer for Schlumberger-Russia Igor Kuvshinov: Senior Technical Leader, Halliburton Company What are the most important aspects to consider when designing ...