DEEP Casing Tools, the Aberdeen-based company which specialises in the development and manufacture of casing tools and completion tools that enable Drilling and Completion Engineers to land first time at target depth, is pleased to announce the appointment of Stuart Ferguson to the board.
Stuart is a respected industry leader and oilfield technology expert and advises a number of oilfield technology companies and investment companies.
Until recently, Stuart was a senior vice-president and executive officer of Weatherford International Ltd, having served in a number of roles – including chief technology officer, senior vice-president for Reservoir and Production, and divisional president for Completion Systems.
Prior to joining Weatherford, Stuart worked for both oilfield service and E&P companies, having started his career as a petroleum engineer with BP.
Said Stuart: “I am delighted to have the opportunity to join the Deep Casing Tools team and I have great respect for the management of the company.
“The Deep Casing Tools’ products are very exciting and clearly have the potential to deliver a step change in well construction and wellbore integrity.”
Lance Davis, CEO of Deep Casing Tools, said: “We are very pleased that Stuart has decided to join us. His considerable industry experience will be invaluable in helping to establish our exciting casing and completions technology as the new industry standard”.
NOTES TO THE EDITOR
ABOUT DEEP CASING TOOLS
Deep Casing Tools specialises in the development and manufacture of casing and completions technology that enable drilling and completion engineers to land first time at target depth in the increasingly demanding wellbore conditions faced by today’s oil and gas industry.
Innovative design, precision engineering and hard wearing materials are combined to produce rugged and reliable tools that enable casings to be landed in the right place ensuring good well integrity, completions to be landed on depth to access all reserves and maximize economic value as well as significantly reducing any unplanned NPT.
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Contact: Rachael Cassie
Phone: 01224 572070