• Sign up for the Daily Digest E-mail
  • Facebook
  • Twitter
  • LinkedIn

BOE Report

Sign up
  • Home
  • BOE Intel
  • Headlines
    • Latest Headlines
    • Featured Companies
    • Columns
    • Discussions
  • Well Activity
    • Well Licences
    • Well Activity Map
  • Property Listings
  • Land Sales
  • M&A Activity
    • M&A Database
    • AER Transfers
  • Markets
  • Rig Counts/Data
    • CAOEC Rig Count
    • Baker Hughes Rig Count
    • USA Rig Count
    • Data
      • Canada Oil Market Data
      • Canada NG Market Data
      • USA Market Data
      • Data Downloads
  • Jobs

Leading Bakken Producer Turns to Cold Bore SmartPAD to Digitize Completion Operations

January 23, 20202:34 AM BOE Report Staff

CALGARY, AB – Cold Bore Technology Inc. (“Cold Bore”), a leader in fracking completion optimization technology, announced today that one of the largest oil producers in North Dakota’s Bakken Formation has integrated the company’s proprietary SmartPAD technology.

The SmartPAD platform allows for ultra high-resolution operations data to be captured, analyzed and acted on in real-time. This results in higher levels of efficiency, increased transparency and a safer onsite environment for workers.

Although it is currently deployed with fracking operators throughout North America, including six of the top 10 producers, these represent the first integrations of the platform in the Bakken region.

“We’ve seen interest in our SmartPAD technology grow exponentially in the last 12 months and I’m very pleased to now have our first integrations in the Bakken which is the third largest U.S. shale oil field, behind Texas’ Permian.” said Brett Chell, President at Cold Bore. “We do expect further producers in the region to begin integrating the technology over the coming months as field results demonstrate the significant value of having real-time access to ultra high-resolution data.”

Benefits of SmartPAD integration for producers include:

  • Remote visibility of onsite operations in real-time
  • Reduced downtime
  • Precise identification of average service operating times
  • Increased pad efficiency and reduced completion costs
  • Mitigation of several major safety issues including trapped pressure, leaking valves and hot zone incidents

How it works

Cold Bore’s patented SmartPAD uses a combination of valve positioning, pressure monitoring sensors, field data collection systems and proprietary software to fully digitize completions operations.

The monitored data sets drive an automated algorithm that tracks and records the start and completion of each activity carried out by multiple onsite service vendors – including frac, wireline, pump down and several others – down to the second. The real-time data can then be remotely accessed by those monitoring operations from anywhere in the world.

About Cold Bore
Cold Bore Technology Inc. (“Cold Bore”) is a global leader in completion optimization technology, developing the first Completions Operating System through Cold Bore’s SmartPAD service.

For more information, please visit – https://www.coldboretechnology.com/

For media enquiries or interviews, please contact;

Josh Stanbury

josh@sjspr.co

Bakken

Follow BOE Report
  • Facebook
  • Twitter
  • LinkedIn

Sign up for the BOE Report Daily Digest E-mail

Successfully subscribed

Latest Headlines
  • HWN Energy acquires assets from Bonavista Energy – 470 wells, 68 facilities, 191 pipelines
  • Snuneymuxw First Nation and FortisBC Holdings Inc. sign agreement for Tilbury LNG projects, strengthening long-standing relationship
  • U.S. natgas end-of-season storage to hit two-year high in March
  • House GOP seeks new restrictions on use of US oil stockpile
  • U.S. drillers leave oil and gas rigs unchanged – Baker Hughes

Return to Home
Alberta Gas
CAD/GJ
Market Data by TradingView

    Report Error






    Note: The page you are currently on will be sent with your report. If this report is about a different page, please specify.

    About
    • About BOEReport.com
    • In the News
    • Terms of Use
    • Privacy Policy
    • Editorial Policy
    Resources
    • App
    • Widgets
    • Notifications
    • Daily Digest E-mail
    Get In Touch
    • Advertise
    • Post a Job
    • Contribute
    • Contact
    • Report Error
    Featured In
    • CamTrader
    • Rigger Talk
    Data Partner
    BOE Network
    © 2023 Stack Technologies Ltd.