Wednesday, April 3, 2013

Sunset Industries Notes Availability of Drilling Performance Fluid

Sunset Industries confirmed an immediate availability worldwide of its Drilling Performance Fluid because of a strategic relationship that has been accepted from a top 3 company oilfield company for global distribution.

"As of 2/18/13, operators can immediately order our product and increase profitability with all wells worldwide," said Mike Long, CEO at Sunset Industries.

Many operators in the United States have already benefited from this cutting edge Drilling Performance Fluid. Recently a top U.S. operator used the product in the Granite Wash with a direct comparison wells that were 110 feet apart. Well #1 was drilled straight to KOP with no torque issues. The Drilling Performance Fluid was called in for use because Well #2 was approaching max torque limits shortly after intermediate casing due to a 12 degree tangent, starting at 500 feet. At this time it appeared that the well could not be completed.

Well #1 had no Drilling Performance Fluid and Well #2 had the product in the system at 3 percent concentration. Results from well #2, they finished the curve 54 percent faster, there was 37 percent reduction in torque, from end of curve a 12 percent increase in ROP, in addition they saved 2 Drill Bits & 2 Trip Outs.

With over 150,000 in savings a company spokesperson said, "We would not have been able to complete this hole without the Pro One Drilling Performance Fluid." (Case studies available upon request)

The Feb. 18 update is driven by customer feedback and is part of Sunset Industries' commitment to deliver the latest product updates and competitive enhancements.

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