SAMOCO OIL TOOLS TO ACCEPT SPOTLIGHT ON NEW TECHNOLOGY® AWARD AT OFFSHORE TECHNOLOGY CONFERENCE

Company recognized for the development of the OneTrip® Universal BOP Test Tool

March 14, 2017 (HOUSTON) – Samoco Oil Tools, a leading developer of tools for the oil and gas industry, is pleased to announce that the OneTrip® Universal BOP Test Tool has been recognized in the Offshore Technology Conference Spotlight On New Technology® Awards. The company will aceept the award during OTC in Houston, Texas May 1-4, 2017. “We are honored to be recognized by industry leaders for our development of this innovative solution,” said MJ Hellail, CEO of Samoco Oil Tools. “The OneTrip tool is changing the way that offshore drillers complete mandated BOP testing and provides significant cost and time savings to energy producers.”

Nearly seven years ago, federally-mandated testing protocol required operators to test the integrity of their BOP equipment every 14 days. While operators have complied for years, no one in the industry has been able to complete the test in one trip, until now. One Trip’s proprietary design cuts BOP testing time in half by performing all three required, downhole tests in a single trip.

Each year, OTC recognizes innovative technologies with the Spotlight on New Technology Award. The awards program is exclusively for OTC exhibitors and showcases the latest and most advanced technologies that are leading the industry into the future. For more information abou the awards and a full list of winners, please visit http://2017.otcnet.org.

 

About Samoco Oil Tools

Samoco Oil Tools is a smart, sophisticated R&D company that engineers and manufactures technologically-advanced tools for the oil and gas industry. Working in collaboration with oil and gas majors and leading research universities, Samoco designs innovative, application-specific tools that are proven to enhance both offshore and onshore drilling operations by providing solutions to challenging problems and saving operators significant time and money. By re-imagining conventional design and employing state-of-the-art materials originally engineered for the aerospace industry, Samoco is building tools for the oil and gas sector that are stronger, faster, lighter and easier for crews to manage. For more information, please visit www.samocooiltools.com

 


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