American Oil and Gas Reporter - December 2020 - 69

IndustryFocus: Companies, People and Products
Varel Adopts New Moniker To Highlight Value Creation
HOUSTON-Varel International Energy
Services has changed its name to Varel
Energy Solutions. The company says the
new brand supports its redefined vision
for growth and enables a strong narrative
around Varel's people, approach and customer experience.
VES says its strategy focuses on
being a leading value creator in the well
construction sector. The company indicates it plans to strengthen its offerings
through strategic acquisitions and organic
investment in highly adaptive, low-cost
manufacturing.

" Despite the turbulent times around
the energy sector and global economy, we
have chosen to apply the past six months
toward redefining our future through a
new lens of generating value and creating
impact, " says Chief Executive Officer
Derek Nixon. " Where our traditional customer activity is muted in the short term,
there are significant opportunities for VES
to grow, capitalizing on our core strengths
of economical product innovation and precision contract manufacturing. "
To learn more about Varel Energy Solutions, visit varel.com.
❒

Newest VAM® Connection Targets Shale Applications
HOUSTON-Vallourec now offers the
VAM® SPRINT-FJ, which it characterizes
as a semipremium connection for extreme
shale applications.
SPRINT-FJ is a high-performance
flush connection intended to help shale

GCI, Muddy Boots Partner
To Simplify Measurement
HOUSTON-Gas Certification Institute,
a provider of measurement training and
standard operating procedures, has entered
a joint venture with Muddy Boots Online,
which GCI describes as a leader in cloudbased software for measurement and operations processes.
Through the partnership, GCI becomes
Muddy Boots' exclusive channel to the
U.S. oil and gas market, GCI reports.
The institute says Muddy Boots' tool set
supports companies' efforts to follow
policies and procedures related to measurement and field operations, increasing
the benefit they get from investing in
standard operating procedures.
" Our customizable software platform
creates visibility for companies to understand exactly what is happening
inside their operations, " says Glenn Kelley, president of Muddy Boots. " The
joint venture with GCI will allow us to
expand our reach in the U.S. market by
helping companies create additional efficiencies through centralized recordkeeping functionality and regulatory
alignment, while ensuring customers
maximize the potential of their software
investment. "
For more information, contact Gas
Certification Institute at 281-598-7200
or contact@gascertification.com.
❒

operators meet additional clearance requirements in intermediate casing, as
well as extended string challenges, Vallourec details. The company says the
connection offers maximum clearance
and high-tension efficiency, allowing operators to set deeper intermediate strings
in challenging shale environments.
For more information, visit
❒
solutions.vallourec.com.

NexTier Partners With NOV
To Test Electric Frac Fleet
HOUSTON-NexTier Oilfield Solutions
Inc. and National Oilwell Varco Inc. announce they are collaborating to field test
NOV's Ideal™ electric fracturing system.
According to the companies, the Ideal
eFrac fleet dramatically reduces emissions,
equipment and complexity at the well
site. They mention that the agreement
gives NexTier the option to purchase the
first Ideal fleet NOV manufactures.
" NexTier is excited to partner with a
company the caliber of NOV as we explore
potential additional well site emissions
reducing technologies to complement our
market-leading dual fuel gas powered
fleet, " says Robert Drummond, NexTier's
president and chief executive officer.
" This partnership to test NOV's advanced
eFrac technology progresses our journey
of identifying the best solutions for NexTier and its customers, and evidences
our commitment to further reducing our
carbon footprint. "
For more information, visit
nextierofs.com or www.nov.com.
❒

Emerson, QRI Launch Tool For Fast Reservoir Analysis
HOUSTON-Emerson now offers
SpeedWise® Reservoir Opportunity,
which the company describes as a fully
automated, cloud-native reservoir analytics solution developed in collaboration
with Quantum Reservoir Impact.
According to Emerson, the solution
is unique in how it applies advanced algorithms, data mining and workflow
automation to cut the amount of work
required to identify field development
opportunities from months to weeks.
The software features automated geoengineering workflows for identifying
and ranking recompletion, vertical sweet
spots and horizontal wells, Emerson
details. By analyzing historical field
performance and benchmarking against
analog assets, the company continues,
the flexible framework intelligently picks
the optimal parameters for the identifi-

cation process, tailoring them to the
unique geological and engineering challenges posed by each field.
" SpeedWise Reservoir Opportunity
is digital transformation at its best, allowing asset teams to become hyperefficient in managing reservoirs. Oil
and gas professionals now can identify
field development opportunities with
10 times the speed and accuracy compared to present industry norms, " says
Nansen Saleri, QRI's chairman and
chief executive officer.
For more information, visit
www.emerson.com/sro.
❒

Emerson says its Speedwise® Reservoir
Opportunity solution applies advanced algorithms, data mining and workflow automation to shorten from months to weeks
the time needed to find field development
opportunities.

DECEMBER 2020 69

http://www.varel.com http://www.nextierofs.com http://www.nov.com http://solutions.vallourec.com http://www.emerson.com/sro

American Oil and Gas Reporter - December 2020

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