Welcome!

News Feed Item

Packers Plus StackFRAC System Increases Production and Decreases Costs for TransAtlantic Petroleum in Turkey

DUBAI, UAE, January 8, 2014 /PRNewswire/ --

Packers Plus Energy Services Inc. has increased production rates and decreased costs for TransAtlantic Petroleum Ltd. (NYSE MKT:TAT; TSX:TNP) in Turkey. Over the last eight months, the two companies have installed the Packers Plus StackFRAC® open hole multi-stage completion system and have seen initial production rates increase as much as 300%.

By using the Packers Plus StackFRAC system in the Teslimkoy and Middle Sinan Dolomite (MSD) formations in southeastern Turkey, TransAtlantic has also seen a 25% average decrease in completion costs.

"Applying North American stimulation and well intervention practices in the international arena is difficult and can become cost prohibitive very quickly," said Justin Davis, VP of Engineering at TransAtlantic. "The experience and service quality that Packers Plus brings to the international market has helped us exceed expectations and provides the confidence we need to move forward with the development of key assets in Turkey."

Packers Plus has also done work for TransAtlantic's wholly owned subsidiary, Thrace Basin Natural Gas (Turkey) Corporation in northwest Turkey and has seen impressive numbers. These wells incorporated the Packers Plus SF Cementor™ stage collar and StackFRAC system technologies to their assets resulting in a 200% increase in initial production rates and a 50% average decrease in completion costs.

TransAtlantic is the first operator to use open hole StackFRAC systems in Turkey.

"Packers Plus' ability to provide custom, fit-for-purpose technology has allowed TransAtlantic to reduce their operational expenditures. This increase in capital can then be applied to other assets," said Joel Appleton, International Business Development for Packers Plus. "Both companies have benefitted from teamwork and we look forward to working together in the future to introduce more innovative technologies to the international market."

This latest operational success with TransAtlantic in Turkey builds on prior international experience and outlines the capability of Packers Plus technology to add value in a wide variety of formations around the world.

About Packers Plus and StackFRAC

Packers Plus is the innovator of open hole multi-stage fracture stimulation systems and is an industry leader in designing and manufacturing innovative solutions for a variety of completion challenges. Packers Plus has run over 12,500 completion systems accounting for over 160,000 fracture stages since the company started operations in 2000.

Today, Packers Plus has employees in 37 offices in Canada, the United States and across the globe. With international offices servicing Africa, Asia, Europe, the Middle East, AsiaPac, and Latin America, Packers Plus has experience in key markets throughout the world.

Packers Plus® and StackFRAC® are registered trademarks of Packers Plus Energy Services Inc.

For further information:

Joel Appleton
International Business Development
Packers Plus Energy Services Inc.
Phone: +1-403-234-6001
Cell: +1-403-399-8923
[email protected]

Tess MacLeod
Team Lead, Marketing Communications
Packers Plus Energy Services Inc.
Phone: +1-403-263-7587
Cell: +1-403-880-3740
[email protected]

SOURCE Packers Plus

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
With so much going on in this space you could be forgiven for thinking you were always working with yesterday’s technologies. So much change, so quickly. What do you do if you have to build a solution from the ground up that is expected to live in the field for at least 5-10 years? This is the challenge we faced when we looked to refresh our existing 10-year-old custom hardware stack to measure the fullness of trash cans and compactors.
The emerging Internet of Everything creates tremendous new opportunities for customer engagement and business model innovation. However, enterprises must overcome a number of critical challenges to bring these new solutions to market. In his session at @ThingsExpo, Michael Martin, CTO/CIO at nfrastructure, outlined these key challenges and recommended approaches for overcoming them to achieve speed and agility in the design, development and implementation of Internet of Everything solutions wi...
Today we can collect lots and lots of performance data. We build beautiful dashboards and even have fancy query languages to access and transform the data. Still performance data is a secret language only a couple of people understand. The more business becomes digital the more stakeholders are interested in this data including how it relates to business. Some of these people have never used a monitoring tool before. They have a question on their mind like “How is my application doing” but no id...
Cloud computing is being adopted in one form or another by 94% of enterprises today. Tens of billions of new devices are being connected to The Internet of Things. And Big Data is driving this bus. An exponential increase is expected in the amount of information being processed, managed, analyzed, and acted upon by enterprise IT. This amazing is not part of some distant future - it is happening today. One report shows a 650% increase in enterprise data by 2020. Other estimates are even higher....
Smart Cities are here to stay, but for their promise to be delivered, the data they produce must not be put in new siloes. In his session at @ThingsExpo, Mathias Herberts, Co-founder and CTO of Cityzen Data, will deep dive into best practices that will ensure a successful smart city journey.
Identity is in everything and customers are looking to their providers to ensure the security of their identities, transactions and data. With the increased reliance on cloud-based services, service providers must build security and trust into their offerings, adding value to customers and improving the user experience. Making identity, security and privacy easy for customers provides a unique advantage over the competition.
SYS-CON Events announced today that 910Telecom will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Housed in the classic Denver Gas & Electric Building, 910 15th St., 910Telecom is a carrier-neutral telecom hotel located in the heart of Denver. Adjacent to CenturyLink, AT&T, and Denver Main, 910Telecom offers connectivity to all major carriers, Internet service providers, Internet backbones and ...
Qosmos has announced new milestones in the detection of encrypted traffic and in protocol signature coverage. Qosmos latest software can accurately classify traffic encrypted with SSL/TLS (e.g., Google, Facebook, WhatsApp), P2P traffic (e.g., BitTorrent, MuTorrent, Vuze), and Skype, while preserving the privacy of communication content. These new classification techniques mean that traffic optimization, policy enforcement, and user experience are largely unaffected by encryption. In respect wit...
SYS-CON Events announced today that Pulzze Systems will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Pulzze Systems, Inc. provides infrastructure products for the Internet of Things to enable any connected device and system to carry out matched operations without programming. For more information, visit http://www.pulzzesystems.com.
There is growing need for data-driven applications and the need for digital platforms to build these apps. In his session at 19th Cloud Expo, Muddu Sudhakar, VP and GM of Security & IoT at Splunk, will cover different PaaS solutions and Big Data platforms that are available to build applications. In addition, AI and machine learning are creating new requirements that developers need in the building of next-gen apps. The next-generation digital platforms have some of the past platform needs a...
Data is an unusual currency; it is not restricted by the same transactional limitations as money or people. In fact, the more that you leverage your data across multiple business use cases, the more valuable it becomes to the organization. And the same can be said about the organization’s analytics. In his session at 19th Cloud Expo, Bill Schmarzo, CTO for the Big Data Practice at EMC, will introduce a methodology for capturing, enriching and sharing data (and analytics) across the organizati...
DevOps at Cloud Expo – being held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA – announces that its Call for Papers is open. Born out of proven success in agile development, cloud computing, and process automation, DevOps is a macro trend you cannot afford to miss. From showcase success stories from early adopters and web-scale businesses, DevOps is expanding to organizations of all sizes, including the world's largest enterprises – and delivering real results. Am...
Traditional on-premises data centers have long been the domain of modern data platforms like Apache Hadoop, meaning companies who build their business on public cloud were challenged to run Big Data processing and analytics at scale. But recent advancements in Hadoop performance, security, and most importantly cloud-native integrations, are giving organizations the ability to truly gain value from all their data. In his session at 19th Cloud Expo, David Tishgart, Director of Product Marketing ...
Fact: storage performance problems have only gotten more complicated, as applications not only have become largely virtualized, but also have moved to cloud-based infrastructures. Storage performance in virtualized environments isn’t just about IOPS anymore. Instead, you need to guarantee performance for individual VMs, helping applications maintain performance as the number of VMs continues to go up in real time. In his session at Cloud Expo, Dhiraj Sehgal, Product and Marketing at Tintri, wil...
Internet of @ThingsExpo, taking place November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 19th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The Internet of Things (IoT) is the most profound change in personal and enterprise IT since the creation of the Worldwide Web more than 20 years ago. All major researchers estimate there will be tens of billions devices - comp...