THE WOODLANDS, Texas--(BUSINESS WIRE)--Wright’s Well Control Services, LLC (WWCS) is very pleased to announce that its motion to exit bankruptcy and terminate its chapter 11 reorganization was granted on April 17th, 2018. Wright’s would like to give thanks to all creditors and vendors for their patience and understanding throughout the bankruptcy court proceedings which enabled WWCS to successfully restart operations and repay its debts. WWCS’s terms to exit chapter 11 include paying all of its priority claims and exit costs including 100% of what is owed to all of its unsecured creditors with undisputed claims. Moving forward WWCS plans to further develop its four (4) patents on Hydrate Remediation including the New ROV belly pack skid for Chemical Injection & Hydrate Remediation and the WWCS Open Water System for Rigless and Riserless P&A. We have capacity available to service your Hydrate Remediation and P&A needs creatively and efficiently.
David Wright founded Wright’s Well Control Services in 2006 with a clear vision of forming a company with a versatile core of skilled professionals that could consistently deliver superior quality offshore products, one-of-a-kind equipment and top tier services at a competitive price. Wright’s differentiates itself in the discipline with which we execute our philosophy. That discipline requires five elements to be aligned: our experienced people, our rigorous safety and training, our dedication to excellence, our detailed pre/post service process and our perceptive focus on one-of-a-kind products that exceed expectations while maintaining long-term value.
For more information, please call David Wright at (281) 446-0273.