New agreement will enable access to wider Well Intervention portfolio offering and open channel for deployment of Gyro equipment.
HOUSTON--(BUSINESS WIRE)-- Expro (NYSE: XPRO), a leading energy services provider, has renewed and expanded a strategic partnership agreement with Di Drill Survey Services Inc., a leading provider of high-end HPHT logging, Gyro survey services, and magnetic ranging for complex abandonment services to the oil & gas and geothermal sectors, based in Bakersfield, California.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20231212679436/en/
Expro and Di Drill Survey Services Expand Strategic Partnership (Photo: Business Wire)
The strategic partnership agreement formalizes and strengthens a growing relationship between two energy service companies committed to providing premium well integrity solutions to complex wellbore situations.
A previous agreement enabled Expro to provide its high temperature Kinley Caliper and downhole camera product lines to Di Drill to service predominantly geothermal operators in the western US. The new agreement has a wider scope both geographically and technologically.
Expro is now extending beyond the Kinley and downhole camera products, to also include its annulus intervention solution, Octopoda™. Di Drill in turn is making its high-quality gyros available for Expro’s specific call-in work. In addition, the agreement extends into newer regions such as Oregon, Washington, and New Mexico and across the border into Mexico.
Patrick Hanson, Expro’s Senior Geothermal Development Manager, commented:
“Our ability to partner with such a respected and entrenched company such as Di Drill aligns with our geothermal growth strategy to better serve the industry in regions where we don’t have physical locations or an established Well Intervention footprint. Di Drill shares the same core principles of safety, quality, and integrity as Expro. This partnership was an easy decision.”
Daniel McCall, President of Di Drill Survey Services, said:
“We are honored to have the ability to continue and grow our relationship with such an esteemed service provider in the energy sector. The ability to extend and offer existing services and additional new technologies to our business partners will allow for seamless operations between multiple services from a single provider. Thank you to the Expro team for trusting us to represent your incredible technology.”
Rodney Korczynski, Expro’s Technical Sales Manager for Well Intervention, and Integrity, added:
“This agreement underscores our shared commitment to delivering premium well integrity solutions for complex wellbore scenarios within the Oil & Gas and Geothermal markets. As we move forward, we anticipate exciting opportunities to innovate, collaborate, and drive positive change in the industry.”
The agreement goes into effect immediately and a co-marketing and business development campaign will follow shortly.
Notes to Editors:
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.
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 secure technology, and future growth within the oil and gas and geothermal markets, 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.
Media Contact MediaRelations@expro.com