Superior Drilling Products和Drilling Tools International簽署Drill-N-Ream井筒調節系統的銷售協議

The Drill-N-Ream is a unique reaming assembly technology that both widens and conditions the well bore during the drilling process, eliminating the requirement for a dedicated reaming run.

“This partnership with DTI provides our Drill-N-Ream and the Superior Drilling Products brand exceptionally larger exposure throughout North America, especially in regions in which we have little market presence,” Troy Meier, chairman and CEO of SDP, said.

Wayne Prejean, president and CEO of DTI, added, “We expect our customers to adopt the Drill-N-Ream technology quickly and that it will be a successful addition to our product and service offerings. We have seen how well this bore hole conditioning system operates. It immediately addresses our customers’ requirements to reduce the cost of hydrocarbon extraction.”

In exchange for the distribution rights, DTI has agreed to purchase a minimum operating fleet of Drill-N-Ream tools in 2016. DTI’s exclusive rights to provide the Drill-N-Ream to customers in the distribution territory are dependent upon achievement of certain sales objectives. The agreement is a multi-year agreement and will remain in effect subject to the performance targets being met during the term of the agreement.