HOUSTON--(BUSINESS WIRE)--Today, Fort Worth, Texas-based Weir Oil & Gas, one of the world's largest suppliers of pressure pumping equipment to the upstream market, announced several initiatives in a multi-faceted strategy that reflects its commitment to bringing efficiencies to the upstream market.
“Our industry is facing many challenges, but as a business with an almost 150-year history of innovative engineering, we know the importance of accelerating momentum when times are tough,” said Paul Coppinger, divisional managing director for Weir Oil & Gas, “markets are changing and our industry needs to adapt by becoming even more efficient so that it can fully benefit when markets recover.”
“That’s why Weir has increased research and development investment and delivered a broad range of new products and services which substantially improve our customers’ performance and reduce their total cost of ownership,” said Coppinger.
Among the Weir Oil & Gas innovations announced at OTC 2016:
- A Seaboard™ wellhead solution, engineered in collaboration with customers, to reduce the amount of time, labor, cost and exposure to risk associated with the installation and operation of the wellhead system. Weir Oil & Gas has taken a customized approach to designing critical service equipment utilizing a Seaboard™ two-stage, single bore wellhead system, and mandrel casing hangers through BOP installed lockdown seal assemblies and the Seaboard™ versatile quick-connect hub. This allows operators to run the pre-assembled wellhead system through the rotary- table, landing on the conductor, with no flame cutting, welding, grinding or other on-line, time intensive, installation techniques. This effectively reduces the amount of time, labor and cost, associated with wellhead installations, while also mitigating risk by reducing time in the cellar below the deck. Weir’s unique approach to design eliminates lock down screws by utilizing an integral lockdown seal assembly rather than traditional hanger lock-down screws, subsequently removing multiple potential leak paths.
- The Mathena™ Electric-Actuated Choke (EAC) the first hydraulic-equivalent electric drilling choke engineered to provide precise flow and pressure control in any type of environment, particularly colder ones. This is the third technology to be launched in the last 12 months as part of Weir Oil & Gas’ intelligent systems, designed to provide quick and accurate visibility to operational and equipment performance data. The results from this approach include improved environmental controls for drilling and surface pressure control operations.
- The SPM® 2.0 Valve and Seat technology is designed to offer two times more operational life and even in the harshest of environments. SPM® 2.0 valves and seats offer significant advantages over traditional valves including reduced vapor fraction, increased impact resistance, and improved flow. This offering was field tested to deliver a remarkable 50 percent reduction in stress and strain, more than 50 percent reduction in total erosion and more than 75 percent reduction in seat erosion.
In addition to product innovation, Weir Oil & Gas is moving the industry forward by working in partnership with other leading solution providers. In conjunction with Rolls Royce subsidiary MTU America, Weir Oil & Gas has signed an agreement to solidify their joint venture, pending anti-trust. The newly formed company will be named EPIX and will showcase its first product, a fully integrated power system designed purposely for hydraulic fracturing, at OTC.
Weir’s latest technologies and innovations will be available during OTC in booths 1849 and 4362 at NRG Center May 2 - 5.
About Weir Oil & Gas
Weir Oil & Gas provides superior products and service solutions which make our upstream customers more efficient. More customers choose our pressure pumping solutions than any other. We provide well service & stimulation pumps, flow control products and replacement expendable parts from leading brands including SPM, Mesa and Novatech. Pressure Control includes trusted brands such as Seaboard™, which provides wellheads, valves and frac trees, and Mathena™, which delivers drilling mud-gas separation equipment including chokes, separators, & environmental containment equipment. Engineered mechanical and rotating equipment repairs and upgrades, oilfield and drilling equipment repair and certification, rapid prototyping of spare parts, robust asset management and field engineering services, are delivered globally by Weir Oil & Gas Services based in Dubai, UAE.
Founded in 1871, The Weir Group PLC is one of the world’s leading engineering businesses. Weir designs, manufactures and services innovative solutions for minerals, oil and gas, power and other process markets. The Group aims to be a partner of choice to our customers with a worldwide network of around 200 manufacturing and service facilities. Weir employs over 14,000 people serving customers in more than 70 countries. For more information please visit www.global.weir.