2018- The record year for plug activity
2018 was the all-time high activity record year for Plugs and Plug Solutions with a 20% increase!
Archer Oiltools is a pioneer and market leader of retrievable ISO certified plugs worldwide and we continued our commitment to be a market leader.
- SEALABILITY: Archer’s LOCK® and SPARTAN® series of well suspension plugs provides the assurance of an absolute seal, independence certified. With close to 4000 deployments in many of the world’s toughest environments, the technology behind LOCK® has established an enviable reputation for security, efficiency and reliability.
- 100% RETRIEVEABILITY: We continued our retrieveability- no plugs left unintentially in hole.
- FLEXIBILITY: In 2018 we expanded countries of operations with activities in Guyana and we re-entered Indonesia
- EFFICIENCY: Service Quality Performance improved by 33%
The Plug and Plug Solutions portfolio consists of:
- The LOCK® series: TIMELOCK™, STORMLOCK™, LASTLOCK™
- The Spartan® series: SPARTAN®, SPARTAN® LEAKFINDER and C-SPARTAN™
- Unique Plug Solutions: VAULT® dual plug, SPEARHEAD®
- The Permanent Bridge Plug: MARS
We believe that technology creates more opportunities and we are excited to introduce new technology in 2019.