Company’s BreakThru™ Casing Flotation Device Recognized for Engineering Innovation
Nine Energy Service Honored with 2020 E&P Special Meritorious Award in Hydraulic Fracturing and Pressure Pumping
HOUSTON, TEXAS (June 2, 2020) – Nine Energy Service, Inc. (NYSE: NINE) announced today the company has been honored as a 2020 E&P Special Meritorious Award winner in the Hydraulic Fracturing and Pressure Pumping category for its BreakThru™ Casing Flotation Device.
Nine’s BreakThru Casing Flotation Device was recognized for its ability to allow operators to reach total depth (TD) by eliminating components added to the casing string commonly used with conventional techniques. The highly engineered plug in the BreakThru Casing Flotation Device uses an engineered material barrier, integral in a mechanism to shatter at a precise differential pressure. At the activation pressure, the barrier disintegrates into sand-like particles and is easily circulated out, leaving a full bore casing string. This eliminates the need for a debris trap and significantly shortens the shoe track.
When run in combination with Nine’s approved float shoe, the BreakThru Casing Flotation Device significantly reduces the weight of the casing in the increasingly longer horizontal sections, reducing the risk of not getting the string to TD. Pre-job modeling software determines the position of the BreakThru Casing Flotation Device in the casing string and pressure activation values. In wells where the tool has been run, there has been 99.9% success in casing reaching TD.
“We are humbled to be recognized for such a prestigious award as the Special Meritorious Awards for Engineering Innovation,” said Ann Fox, CEO, Nine Energy Service. “Nine’s dedication to innovation for operators continues to drive our company forward and this award recognizes and validates that commitment.”
Hart Energy’s Special Meritorious Awards for Engineering Innovation (MEA) is a widely respected engineering awards program. Each year, the world’s best new tools and techniques for finding, developing and producing hydrocarbons are recognized with entries judged on their game-changing significance, both technically and economically.
Nine Energy Service is an oilfield services company that offers completion solutions within North America and abroad. The Company brings years of experience with a deep commitment to serving clients with smarter, customized solutions and world-class resources that drive efficiencies. Serving the global oil and gas industry, Nine continues to differentiate itself through superior service quality, wellsite execution and cutting-edge technology. Nine is headquartered in Houston, Texas with operating facilities in the Permian, Eagle Ford, SCOOP/STACK, Niobrara, Barnett, Bakken, Marcellus, Utica and throughout Canada.