Bulletin Updates

Well servicing: Never an easy task but one company seems to be ahead – 4 Jul 2024

Jul 04, 2024

Servicing wells and associated jobs is never an easy task.

The equipment is all imported and companies who bid for such jobs mostly work as agents of foreign principals

But there is a fair bit of in-house expertise needed as well

In fluid pumping, coiled tubing and heating, there is one company which has developed sufficient inhouse talent, and it can march ahead of its competitors but only if the price is right

There are entry barriers too, as who will go through the pain of putting it all together in an environment where the competition is also tough

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