Precision Energy Services
Calgary, AB
Company Overview
Plains Energy Services is an integrated oilfield service provider, with operations throughout western Canada and the United States. The Company provides coiled tubing drilling, service rigs, cementing and pumping, wireline, production testing, underbalanced surface systems and downhole tools through its subsidiary companies. Although diversified, the Company remains focused on the practical application of technologies through its various services.
Plains Energy's growth in the market has been based on its ability to commercialize leading edge technology, particularly in drilling, casing inspection and underbalanced surface systems, along with the Company's ability to continually improve its service delivery to customers.
Company Information
Physical Address
4100 - 150 - 6 AVE SW
Calgary, AB T2P 3Y7
CA
Mailing Address
4100 - 150 - 6 AVE SW
Calgary, AB T2P 3Y7
CA
Additional Details
Legal Name: Precision Energy Services
Number of Employees: 500
CA
Coiled tubing drilling - In late 1998, the Company introduced its second generation coiled tubing drilling rig. Plains Energy's coiled tubing drilling utilizes a patented injection system substantially more cost-effective and technically superior to that of conventional injection systems. All conventional methods allow for limited directional and horizontal drilling opportunities from existing wellbores, while the Plains Energy system represents the only effective grossroots drilling method capable of spudding wells from surface to as deep as 1, 500 metres.
Plains Energy's system significantly extends the pipe life for coiled tubing drilling purposes, and facilitates drilling speeds 2 to 3 times faster than conventional drilling methods. The injection system utilizes significantly fewer moving parts than conventional coiled tubing injectors, rendering it inherently more reliable and durable.
Casing Inspection Tool - Plains Energy has consistently delivered cost-effective, efficient wireline services to the cased hole market. Through the introduction of the digital casing inspection tool in 1999, the Company anticipates further expanding its market presence. As one of only three providers of casing inspection services capable of measuring inside and outside wellbore defects in the world, the Company is poised to capture a substantial share of the abandonment market. A growing proportion of wells pending abandonment require casing inspection services, and with a growing inventory of operating wells throughout North America, the Company remains poised to capitalize substantially on this growing market.
Gemini Surface Control - Introduced in 1998, the Company is continuing the development of its capabilities in respect of underbalanced drilling surface control. Since its introduction the Gemini system has quickly penetrated the underbalanced surface control market and maintained significant utilization. With an anticipated 20-25% growth rate in underbalanced drilling over the next several years throughout North America, and a patent-pending process, Plains Energy considers superior to its competitors, the Company is poised to expand its position in this market as well.
Contacts
Ken Mullen
Title: Chief Executive Officer
Area of Responsibility: Management Executive
Phone: Show phone
Fax: Show fax
Email: Show email
George Chow
Title: Vice President
Area of Responsibility: Domestic Sales & Marketing
Phone: Show phone
Fax: Show fax
Email: Show email
Darcy Draudson
Title: Vice President
Area of Responsibility: Finance/Accounting
Phone: Show phone
Fax: Show fax
Email: Show email
Services
-
Abandonments
Provided through subsidiary, Plains Perforating Ltd.
-
Acidizing
Provided by subsidiary Fleet Cementers Inc. which currently operates in Texas and California.
-
Cementing Services
Provided through U. S. subsidiary, Fleet Cementers Inc.
-
Coiled Tubing
Provided through subsidiary, Fleet Coil Technologies Corp.
-
Completion Tools
Provided through subsidiary, Polar Completions Engineering Inc.
-
Directional Drilling Services
Provided through subsidiary, Fleet Coil Technologies Corp.
-
Drilling Equipment (well Servicing)
Provided by subsidiaries, Round-Up Well Servicing Corp. and Fleet Coil Technologies Corp.
-
Horizontal Drilling Services
Provided through subsidiary, Fleet Coil Technologies Corp.
-
Logging
Provided by subsidiary, Plains Perforating Ltd.
-
Machine Shop
Provided by subsidiary, Polar Completions Engineering Inc.
-
Milling Tools & Services
Provided through Polar Completions Engineering Inc.
-
Packer Rubbers
Provided through Polar Completions Engineering Inc.
-
Perforating
Provided through wholly-owned subsidiary, Plains Perforating Ltd.
-
Pressure Testing
Provided through subsidiary, Entest Corp.
-
Pressure Vessels
Provided through subsidiary, Entest Corp.
-
Production Testing
Provided through subsidiary Entest Corp.
-
Pumping Services
Provided by subsidiary Fleet Cementers Inc. which operates in Texas and California
-
Sonig Logging And Evaluation
Provided by subsidiary, Plains Perforating Ltd.
-
Testing Equipment Manufacturing & Rentals
Provided through subsidiary Entest Corp.
-
Testing, A. O. F. Production
Provided through subsidiary, Entest Corp.
-
Testing, Casing Vent Leaks, Packer Isolation
Provided by subsidiary Plains Perforating Ltd.
-
Tubing Conveyed Perf. Equip & Services
Provided through subsidiary, Plains Perforating Ltd.
-
Underbalanced Drilling Services
Provided through subsidiary, Entest Corp.
- Underbalanced Drilling Services
-
Wireline Logging & Slickline
Provided through subsidiary, Plains Perforating Ltd.
-
Wireline Logging Electric
Provided through subsidiary, Plains Perforating Ltd.
-
Wireline Services & Supply
Provided through subsidiary, Plains Perforating Ltd.
Products
- Abandonments
- Bridge Plugs
-
Casing Packers & Scrapers
Provided through subsidiary, Polar Completions Engineering Inc.
-
Cementing Equipment & Tools
Provided by subsidiary, Fleet Cementers Inc. which operates in Texas and California.
-
Drill Pipe Screen, Protectors, Etc.
Provided through subsidiary, Polar Completions Engineering Inc.
-
Fishing Tools
Provided through subsidiary, Polar Completions Engineering Inc.
-
Flow Control Equipment
Provided through subsidiary, Polar Completions Engineering Inc.
- Logging
- Logging While Drilling
-
Packers, Service Tools
Provided through subsidiary, Polar Completions Engineering Inc.
- Perforating
-
Perforating Supplies
Provided through subsidiary, Plains Perforating Ltd.
-
Power Swivels & Tongs
Provided through subsidiaries Round-Up Well Servicing Corp. and Fleet Coil Technologies Corp.
NAICS Categories
Additional Information
213118, 213111