Varel NTS: Quality Confirmed by Results – Drill Bits Purchased in Over 25 Countries
Pursuing the goals of the program aimed at localization in the oil and gas industry, Varel NTS produces its own matrix and steel body PDC drill bits. A worldwide distribution network of the drill bits proves their high quality and compliance with the internationally recognized industry standards. Today the Varel …
NewTech Services: Expands Rotary Steerable System Portfolio
NewTech Services announced in 2020 the commercial release of the Zenith™ rotary steerable system (RSS) in response to our customer’s drilling challenges and their ongoing investment decisions. This push-the-bit technology expands the limits of the directional drilling market by improving reservoir access while optimizing drilling costs with its unique integrated …
NewTech Services: Wins Best Russian Well Completion Service Provider Award
NewTech Services received the highest rating and became the best Russian well completion service provider based on the results of the Oilfield Services Survey conducted among the key oil and gas operating companies. The Winner Award Ceremony was held on October 21, 2021, at the Moscow InterContinental Hotel at the …
NewTech Services Launches Proprietary ZENITH™ Rotary Steerable System (RSS) Series
NewTech Services announces a commercial launch of its proprietary rotary steerable system Zenith™ 4 ¾”. Zenith™ 4 ¾” was designed by Wolverine Oilfield Technologies, a subsidiary of NewTech Services Holding Limited, and was first introduced on March 3rd, 2021 at the Gibson Reports Virtual Rotary Steerable Event. Zenith™ 4 ¾” …
NewTech Services: Gazprom Neft Completes Field Run of RSS and Logging Tools
NewTech Services and Gazprom Neft have successfully completed another field run of a new 4 3/4″ push-the-bit Rotary Steerable System (RSS), the Neutrino™ Ultra High-Speed MWD tool, and the MFWPR® Resistivity LWD tool in the Yuzhno-Priobskoe Field. The primary objective of the field trial was the qualification of the RSS …
The ROGTEC Interview: Evgeny Boldyrev, Executive Vice President, NewTech Services
Localizing Oilfield Manufacturing in Russia The Russian energy sector has been under pressure from low crude oil prices over the last few years, pushing operators to be more cautious about contractors as well as pushing contractors to their percentage of local content. NewTech Services is one of the leaders who …
A NuSeis Cableless Recording System was Successfully Tested in Minusinsk at the Beginning of April 2019
A NuSeis cableless recording system, produced by GTI (Geophysical Technologies Inc., USA), was successfully tested in the southern part of the Krasnoyarsk region at the beginning of April 2019. The acquisition tests were carried out according to an agreement between NewTech Services, CIS, and Geotech Seismic Services. NewTech Services is …
NewTech Services Participated in The RDCR Well Engineering Forum – 2019 on April 11 in Moscow
NewTech Services participated in The RDCR Well Engineering Forum – 2019 on April 11 in Moscow. The RDCR, Russian Drilling Contractors Roundtable, is the major annual event for drilling experts and professionals in Russia. The 7th RDCR was held on the 11th of April at the Hotel Baltschug Kempinski, Moscow. …
Closure Interview: Evgeny Boldyrev, Executive Vice President, NewTech Services
Please describe your role at NewTech Services and your responsibilities. Within the company I am responsible for developing our current business lines and for launching new projects, both domestically within Russia and also internationally in areas such as Kazakhstan. My tasks also include the control and development of our many manufacturing …
Technology Roundtable: Drill Bits
1. The crash in the oil price has had a major impact on global oil and gas projects. Russia has also had to deal with sanctions and the exchange rate drop. What impact has this had on Russian demand for drill bits? How are you dealing with the situation? Halliburton: …