SAMOCO OIL TOOLS TO ACCEPT MERITORIOUS AWARD FOR ENGINEERING INNOVATION

Samoco’s OneTrip® BOP Universal Test Tool to be recognized at the Offshore Technology Conference

March 14, 2017 (HOUSTON) – Samoco Oil Tools, a leading developer of tools for the oil and gas industry, is proud to announce it will receive a 2017 E&P Special Meritorious Award for Engineering Innovation. The company is receiving the award for its OneTrip® BOP Universal Test Tool. Representatives from the company will accept the award during the Offshore Technology Conference in Houston, Texas, May 1-4.

As one of 22 oilfield solutions to be recognized, Samoco was chosen based on evaluation of such criteria as innovation in concept, suitability as a practical solution to a real oilfield problem, potential for improving efficiency and safety, and potential for improving profitability.

OneTrip's proprietary design cuts BOP testing time in half by performing all three federally-mandated, downhole tests in a single trip. "This award is a source of great pride for our company," said MJ Hellail, CEO of Samoco Oil Tools. “The OneTrip tool is changing the way that offshore drillers complete required BOP testing and provides significant cost and time savings to energy producers."

For more information on the award, please visit http://www.epmag.com/mea.

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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