Scotland-based oilfield services provider Titan Torque has invested in a new torque system designed by EnerQuip. The acquisition is expected to double the company’s operational capacity.
The torque system is used for the make-up and break-out of tools in the drilling sector and is claimed to be the largest machine of its kind in Europe.
It has the ability to handle application programme interface (API) connections found on drilling tools including stabilisers, drill collars, rotary steerables, drills bits and premium threads on casing and completion equipment.
Titan Torque director Bruce Jepp said: “The introduction of the new unit to our operations reflects our optimism about the strength and resilience of the market over the coming years. It significantly broadens our service offering.
“With the increased torque and maximum outer diameter (OD) available, we are now able to manage operations that were previously beyond our capabilities. From a business perspective, it positions us to capitalise on new opportunities with existing and prospective customers.”
The firm serves companies operating in the North Sea and intends to introduce a torque system service in Algeria by the end of this year to cater to customers’ needs in West Africa.
Titan Torque director Keith Gaskin added: “From the outset EnerQuip demonstrated an in-depth understanding of our requirements and have delivered a product of the highest quality; they have built one of the most advanced torque machines on the market.”
It is engaged in the onshore make-up and break-out of oilfield equipment to suit individual rig capabilities.
The company’s offering includes a hydraulically-controlled 75ft device, known as Kronos, that removes hanger running tools in a controlled operational process.