Ryan Directional Services inks deal to deploy Alcoa pipe in North American shales
Ryan Directional Services, a division of Nabors, has selected Alcoa’s FarReach alloy drill pipe for its onshore horizontal-drilling applications across North American shale plays. Under the agreement, Ryan has exclusive rights to deploy Alcoa’s drill pipe for use with directional mud motor technology in horizontal drilling. Financial details were not disclosed.
“Alcoa Oil and Gas is proud to work with an industry leader like Ryan Directional Services to offer our innovative, cost-saving solution to the oil industry,” said Tim Marvel, Managing Director. “Our lightweight, proven drill pipe enables operators to drill farther and faster using existing equipment, reducing operational costs and increasing productivity.”
Using conventional drilling motors, Alcoa’s alloy drill pipe has been proven to increase the rate of penetration versus conventional steel pipe and assist in hole cleaning during horizontal drilling. The lighter weight alloy increases rig capacity, reduces torque and drag, and reduces distance limitations on longer laterals.
“We are excited to be able to offer this innovative drilling alternative,” said Nigel Evans, President of Ryan Directional Services. “It is our commitment to our clients to continually discover technologies that will address their challenges in the land-based market.”
FarReach is a trademark of Alcoa.
