American Oil and Gas Reporter - September 2020 - 102

pages 98-103_Layout 1 9/23/2020 11:00 AM Page 102

IndustryFocus: Companies, People and Products
OleumTech® Opens Office
To Serve Permian Clients
FOOTHILL
RANCH,
CA.-
OleumTech®, a provider of wireless industrial automation and Internet of Things
solutions, reports it has opened an office
with a training facility in Midland.
The company says the office signals
its growth and its dedication to customers
in the Permian Basin. The office's street
address is 6415 N State Hwy 349, Suite
15. "The new office is centrally located
in Midland, allowing customers to easily
receive valuable product training and
insight from our application engineers,"
says Vrej Isa, OleumTech's chief operating officer.
For more information, visit
oleumtech.com.
❒

Killam Deploys ERP Suite From W Energy Software
TULSA-W Energy Software announces that Killam Oil Company, a
Laredo, Tx.-based independent with operations in South Texas and nonoperated
working interests across the United States,
has licensed its upstream accounting,
land management and regulatory reporting
software.
The announcement followed a headto-head evaluation of the producer's existing enterprise resource planning solutions in which W Energy Software was
selected to replace multiple legacy software
products and vendors, W Energy relates.
The company says Killam has chosen its
solution because it offers a unified, cloudbased upstream ERP platform, intuitive
accounting and land workflows, fast and

Baker Hughes Launches Automated RSS Service
HOUSTON-Baker Hughes' new Lucida™ rotary steerable service integrates
hardware, software, automation, and remote connectivity to speed drilling and
deliver more precise, higher-quality
wells, Baker Hughes says.
According to the company, Lucidia
includes:
· An integrated bottom-hole assembly with a customized drill bit and proprietary high-strength connections to
maximize penetration rates;
· Multichip module electronics that
have been tested extensively at temperature cycles approaching 400 degrees
Fahrenheit to provide a step-change in
reliability;
· 16-sector gamma-ray sensors that
are situated close to the bit and provide
real-time formation data to enable quick

decisions and precise reservoir navigation; and
· An automated well path trajectory
control system that integrates both azimuthal and inclination hold modes with
continuous proportional steering to automatically correct wellbore trajectory
for formation trends.
"With this fully integrated drilling
service, operators are drilling better
quality extended lateral sections more
quickly and cost-effectively. The Lucida
advanced rotary steerable service is
proven to reduce days of rig time and
deliver significant savings to the overall
drilling program, in any application,"
says Paul Madero, Baker Hughes' vice
president of drilling services.
For more information, visit www.bakerhughes.com.
❒

Baker Hughes says its Lucida rotary steerable service is designed to maximize
directional drilling performance by combining reliable electronics with near-bit sensors
that enable drillers to more precisely guide bottom-hole assemblies. The company adds
that the service's automation and remote connectivity features can help reduce the
number of on-site rig personnel for improved safety and efficiency.

102 THE AMERICAN OIL & GAS REPORTER

reliable production allocations and allinclusive upgrades.
"We are looking forward to working
with W Energy Software and having a
partner committed to our success," says
Rolando Villarreal, Killam's director of
information technology. "We were looking for the right technology and partner
to sustain our strong growth profile,
and W Energy Software checked all the
boxes with its best-in-class, modern
software solutions for managing our
unique accounting and land management
complexities."
For more information, visit www.wenergysoftware.com.
❒

Argonaut Completes Buy
Of BJ's Cementing Unit
TULSA-Argonaut Private Equity announces it has acquired a cementing solutions business following BJ Services'
Chapter 11 bankruptcy.
Now operating as American Cementing, the business was established in 1872
and has a footprint in every major U.S.
oil and gas basin, Argonaut describes.
According to the firm, American Cementing's services include in-depth laboratory testing, precise blending at the
bulk plant and dependable mixing and
pumping operations at the well site. It
also offers acidizing services and products
that are designed to enhance production
and remove wellbore damage.
"The addition of American Cementing
to the Argonaut Private Equity portfolio
combines our expertise in efficient operations management with our experience
in the oil and gas industry," says Steve
Mitchell, Argonaut's chief executive officer. "Argonaut's capital investment provides the strength of our financial support
to ensure American Cementing continues
its reputation as a leading cementing
service provider to upstream oil and gas
companies throughout the United States."
American Cementing is retaining 260
employees, notes Aaron James, the company's chief operating officer. "We are
pleased American Cementing was able to
retain the talent and expertise needed to
continue operations and provide a seamless
transition to our customers," he says. "With
the assistance of Argonaut, we have the
capacity to reach an even larger customer
base within our major basin locations."
For more information, visit americancementing.com.
❒


http://www.wenergysoftware.com http://www.wenergysoftware.com http://www.oleumtech.com http://www.bakerhughes.com http://www.bakerhughes.com http://americancementing.com http://americancementing.com

American Oil and Gas Reporter - September 2020

Table of Contents for the Digital Edition of American Oil and Gas Reporter - September 2020

Contents
American Oil and Gas Reporter - September 2020 - Intro
American Oil and Gas Reporter - September 2020 - 1
American Oil and Gas Reporter - September 2020 - 2
American Oil and Gas Reporter - September 2020 - 3
American Oil and Gas Reporter - September 2020 - 4
American Oil and Gas Reporter - September 2020 - Contents
American Oil and Gas Reporter - September 2020 - 6
American Oil and Gas Reporter - September 2020 - 7
American Oil and Gas Reporter - September 2020 - 8
American Oil and Gas Reporter - September 2020 - 9
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American Oil and Gas Reporter - September 2020 - 11
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