Press

Cubility Announces First Russian MudCube Deployment With Slavneft Contract

Posted by Paul Fisher

20-Nov-2018

cubility.com


Stavanger, Norway, November 20 2018: Cubility AS, a leading provider of solids control solutions, has announced a multi-million dollar contract to supply its MudCube® solution to Russian operator Slavneft and its OOO Baikit Oil & Gas Exploratory Expedition (OOO BNGRE) subsidiary. OOO BNGRE is responsible for exploration, drilling and production in theKrasnoyarsk region in Central and Eastern Siberia. A significant numbers of MudCubes will be deployed in drilling rigs in the area as part of OOO BNGRE's program to upgrade drilling rigs.

As well as the first Cubility contract in the Russian Federation, the deal – awarded after a competitive bidding process – also marks the first purchase of the MudCubeX, the latest evolution of the MudCube that was launched at ONS 2018 in Stavanger this August and comes with an enhanced modular design allowing for easy integration into all rig designs and fast installation and maintenance. In this way, the MudCube can be up and running and delivering immediate investment returns.

Even Gjesdal, CEO of Cubility said: “This is a landmark contract for Cubility – our first in the Russian market and our first delivery of the MudCubeX. With the rise in pad drilling and multiple wells and the need for lower costs but faster drilling times, the MudCube is tailor-made for the Russian market delivering drilling efficiencies, reducing waste, and having an immediate impact on the bottom line. We hope to be announcing more contracts over the coming months as we continue to expand our activities in this high potential region.”

The MudCube is the industry's first compact solids control system that eliminates the traditional process of shaking fluid and solids, allowing more drilling fluid to be recycled back to the mud tanks and generating dryer cuttings and less waste. This leads to improved drilling efficiencies, reduced operational costs, and improved HSE and working conditions.

The MudCube X can be added to existing operations and start delivering value in drilling fluids and waste disposal almost immediately – processing 100% of the mud and as much as 80% more mud being recovered than other technologies.

The Krasnoyarsk region is one of the fastest growing regions of the Russian oil & gas sector. OOO BNGRE, a subsidiary of Slavneft , is responsible for appraisal drilling, production drilling, well workovers, testing and development on Slavneft interests in the region. These include activities on the different fields. Since 2017, OOO BNGRE has been implementing an expansion program of production facilities that include the upgrading of operating drilling rigs.

For Further Information

Even Gjesdal, Cubility CEO

Tel: +47 977 89 070, Email: eg@cubility.com

 Paul Fisher, Axiom Communications Management

Tel: +44 (0) 1285 719 490; Mob: +44 (0) 7733224850

Email: pfisher@axiomcomms.com

 

 


Visit source site

cubility.com

More items from pfisher


Deep Sea Mooring Announces Multi-Year Agreement with Diamond Offshore

Vryhof, a trusted partner to many of the offshore industry's leading companies and its mooring business - Deep Sea Mooring (DSM), today announced the signing of a multi-year agreement with Diamond Offshore, a leader in offshore drilling. Under the terms of the agreement, DSM will provide mooring a ...

Paul Fisher


Posted 23 days agoPress

RESMAN Grants Global Patent Licence to Tracerco

Trondheim, Norway, 21.01.2019. RESMAN AS and Tracerco, a subsidiary of Johnson Matthey Plc, have entered into a global patent licence agreement under which Tracerco will have the right to conduct commercial business based on RESMAN's industry-leading inflow monitoring patent portfolio. The agreem ...

Paul Fisher


Posted 1 month agoPress

Vryhof Secures US$75 Million in New Contracts to Kick Off 2019

Schiedam, The Netherlands, January 15th 2019: Vryhof, a trusted partner to many of the offshore industry's leading companies and its three businesses - Deep Sea Mooring, Vryhof Anchors and Moorlink - today announced up to US$75 million in new contracts, starting 2019 on a high.  The contracts in ...

Paul Fisher


Posted 1 month agoPress

UniSea and Yxney Team Up to Offer Shipowners Greater Energy Efficiency

UniSea, a leading provider of software tools for operational support and HSEQ to the offshore oil & gas industry, has agreed to take part ownership of Yxney, an energy efficiency specialist with an impressive record of wins in its two-year history.   “Yxney is experiencing rapid growth meeting the ...

Paul Fisher


Posted 2 months agoPress

RESMAN Announces Acquisition of Restrack

Trondheim, Norway, 19.12.18. RESMAN AS, a leader in well and reservoir surveillance and intelligent tracer systems, today announced that it has agreed to acquire Restrack AS, a tracer service provider, in a share purchase agreement . The combined company will have up to 100 employees.  The combi ...

Paul Fisher


Posted 2 months agoPress
All posts from pfisher