Press

Deep Casing Tools bolsters team due to demand for new plugging and abandonment solution


News release – 5 November, 2019

Aberdeen-headquartered well technology company, Deep Casing Tools (DCT), has bolstered its capability in the plug and abandonment (P&A) sector with the appointment of Alan Glen as Product Line Manager for Casing Recovery Systems.

This new position has been created to focus on bringing DCT's highly anticipated Casing Cement Breaker (CCB) tool to market.

After being proven in a successful trial with Equinor in May 2019, the CCB is currently being further developed in collaboration with Total, Equinor and the Oil and Gas Technology Centre.

The tool, which uses simple pressure and rotation to quickly and efficiently break the bond between cement and casing, has the potential to significantly reduce the cost and time of decommissioning and improve success rate when compared with stand-alone cut and pull, and perf and wash techniques.

Bringing over 15 years' experience in the decommissioning and P&A sectors, Alan is set to play a pivotal role in the commercialisation of the CCB and future casing recovery systems which will be developed by DCT.

Alan's extensive background, with positions held in Weatherford, Baker Hughes, and most recently Abrado Well Services, has seen him move from an operational role to focus on bringing new products to market, identifying product applications and ensuring a high level of client satisfaction.

David Stephenson, CEO of Deep Casing Tools said: “We're delighted to welcome Alan to the DCT team, where he'll be managing the development and commercialisation of our Casing Recovery Systems across key regions with strategic partners. This revolutionary tool has already attracted the attention of major operators and partners, and we're extremely confident in Alan's ability to help our offering evolve from concept to reliable solutions.”

About Deep Casing Tools

  • Deep Casing Tools is a global oil and gas technology development firm
  • Established in 2008 and headquartered in Aberdeen
  • Focused on the UKCS, Asia Pacific, Middle East and North America
  • Unique, patented drillable turbine technology provides a step change in performance
  • Motorised reaming tools clear obstructions and ream tight hole without string rotation
  • Powering a reamer shoe at the bit provides maximum energy and reduces cost and risk
  • More than 500 tools sold to major oil and gas operators worldwide
  • A range of new solutions currently in development and testing

 

About EV Private Equity

  • An independent growth equity firm with offices in Stavanger, Houston and Aberdeen
  • Focused on unlocking potential and uncover new technologies in the energy sector
  • Five funds raised with committed capital in excess of $1bln
  • Uses specialist energy expertise to build world-class companies
  • Helps innovative technology companies to scale and grow internationally
  • Invests in companies with proprietary, market proven technologies or services



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TechnologyDecommissioningaberdeen oil and gasplugging and abandonmentWellsDrillingproduct lineAppointmentsAppointment

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