Global Shop Solutions Customer Wins World Oil Award for Best Completion Technology
THE WOODLANDS, TX, – NCS Multistage, LLC, a technology and services company specializing in multistage oil well completions, was recently awarded the 2014 Best Completion Technology by World Oil Magazine, a leading energy industry publication. NCS won the award for its Multistage Unlimited™ frac-isolation system, which enables well operators to maximize reservoir volume and boost production by drilling horizontally across a well with greater precision and accuracy.
By producing the first commercially successful multistage completion system to deliver predictable, verifiable frac spacing and consistent propped volume across lateral sections, NCS beat out some of the oil and gas industry’s largest integrated service companies to win the award.
“As one of the newer completion technology companies, we’re honored to be considered in the same category as these industry leaders,” says Wade Bitter, Chief Financial Officer for NCS. “Winning the award validates our completion tools and methodology and shows how far we’ve come with the technology in a very short period of time.
“With the recent boom in horizontal drilling, multi-stage completion technology has become vital to the oil and gas industry. Our technology allows well operators to do more fractures, space them exactly apart, and control how much sand they pump in order to control the size of each fracture.”
Headquartered in Houston, Texas, NCS has been a Global Shop Solutions customer for several years, using the ERP software for operations and to maintain its stellar on-time delivery record. The software helps NCS meet customer-driven deadlines by facilitating close coordination between the various components of the company’s sourcing, production, and delivery chain.