Expro Completes Well Cementing Project in the Deepwater US Gulf of Mexico

Rhea-AI Summary

Expro (NYSE: XPRO) completed a successful well cement placement project in the U.S. Gulf of Mexico, using innovative Cure technology to save time and overcome operational challenges. The company's acquisition of DeltaTek's range of low-risk open water cementing solutions has expanded its portfolio of cost-effective, innovative solutions for well construction.

Innovative cement placement technologies support subsea well safety and operational efficiency.

HOUSTON--(BUSINESS WIRE)-- Energy services provider Expro (NYSE: XPRO) successfully completed a well cement placement project for a large international operator in the U.S. Gulf of Mexico, delivering an inner-string cementing on a subsea well's 22" surface casing in a water depth of approximately 2,000 meters in the Mississippi Canyon area. When integrated with Expro’s other well construction technologies, the company’s innovative Cure technology range, including SeaCure®, QuikCure®, and CoreCure®, offers a comprehensive package for ultimate cement placement and provides a complete “head-to-shoe” solution.

Expro's Innovative cement placement technologies support subsea well safety and operational efficiency. (Photo: Business Wire)

Expro's Cure technologies allowed the operator to overcome ongoing offset well challenges. These included prolonged wait on cement (WOC) periods when transitioning directly from the jet string to the 22" surface casing, and tasks associated with drilling out a 22" shoetrack.

Jeremy Angelle, Expro’s Vice President of Well Construction, commented “Our integrated cementing solution helped save approximately 18 hours of cement related drill-out, clean-out, and WOC time when compared to offset wells. By using our Cure technologies, we removed the requirement for a shoetrack to be left in the casing string, helping to avoid previously experienced cement sheath-related challenges. In addition, the QuickCure® solution reduced WOC time. This latest project highlights Expro’s commitment to provide solutions that empower our clients to overcome operational challenges and achieve excellent results.”

The Cure technology range was added to Expro’s portfolio of cost-effective, innovative solutions within the company’s well construction product line as part of the Company’s acquisition of DeltaTek in February 2023. The DeltaTek range of low-risk open water cementing solutions help increases clients’ operational efficiency, delivers rig time and cost savings, and improves the quality of cementing operations.

ENDS

Notes to Editors:

Expro

Working for clients across the well life cycle, Expro is a leading provider of energy services, offering cost-effective, innovative solutions and what the Company considers to be best-in-class safety and service quality. The Company’s extensive portfolio of capabilities spans well construction, well flow management, subsea well access, and well intervention and integrity solutions.

With roots dating to 1938, Expro has approximately 8,000 employees and provides services and solutions to leading exploration and production companies in both onshore and offshore environments in approximately 60 countries.

For more information, please visit and connect with Expro on X (formerly Twitter) @ExproGroup and LinkedIn @Expro.

SPECIAL NOTE REGARDING FORWARD-LOOKING STATEMENTS
This press release, and oral statements made from time to time by representatives of the Company, may contain certain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements regarding, among other things, the Company’s delivery of safe, reliable and efficient Cure technology, and future growth, and are indicated by words or phrases such as "anticipate," "outlook," "estimate," "expect," "project," "believe," "envision," "goal," "target," "can," "will," and similar words or phrases. These forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause actual results, performance or achievements to be materially different from the future results, performance or achievements expressed in or implied by such forward-looking statements. Forward-looking statements are based largely on the Company's expectations and judgments and are subject to certain risks and uncertainties, many of which are unforeseeable and beyond our control. The factors that could cause actual results, performance or achievements to materially differ include, among others the risk factors identified in the Company’s Annual Report on Form 10-K, Form 10-Q and Form 8-K reports filed with the Securities and Exchange Commission. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, historical practice, or otherwise.

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MediaRelations@expro.com

Source: Expro

FAQ

What is the ticker symbol for Expro?

The ticker symbol for Expro is XPRO on the New York Stock Exchange (NYSE).

What technologies did Expro use for the well cement placement project?

Expro used its innovative Cure technology range, including SeaCure®, QuikCure®, and CoreCure®, in the well cement placement project.

How many employees does Expro have?

Expro has approximately 8,000 employees and provides services and solutions to leading exploration and production companies in approximately 60 countries.

What is Expro's focus in the energy services industry?

Expro focuses on providing cost-effective, innovative solutions across the well life cycle, including well construction, well flow management, subsea well access, and well intervention and integrity solutions.