Trio of oil and gas players unite31 March 2020

Three oil and gas technology firms have joined forces to offer an ‘integrated and boundary pushing approach’ to well lifecycle integrity and production optimisation in the oil and gas industry.

Churchill Drilling Tools and US-based expandable tubular well specialist Mohawk Energy have joined with Coretrax under its new brand, with a unified offering designed to improve production performance and well intervention efficiencies.

Kenny Murray continues as CEO of Coretrax, which now employs 250 people globally across the UK, Middle East, US and South East Asia. John Fraser, formerly global business development director at Coretrax has been appointed COO and former Mohawk Energy CEO Scott Benzie is now CTO at Coretrax.

Michael De-Rhune has also joined the new leadership team as CFO. He was previously Group CFO at Excellence Logging and has held senior financial roles with Bibby Offshore, CEONA and Subsea 7. The company has also strengthened its support services with key appointments across the business in HR and finance, quality, health, safety and environment management, and integration.

Murray says: “Oilfield challenges continue to grow in complexity and our mission is to push boundaries to support the industry with novel and advanced ways to tackle well integrity and production optimisation.

“Given current industry challenges with the low oil price and COVID-19, it’s ever more important that we support the sector with a continuous focus on reducing rig costs. Integrating the impressive people and products from Churchill Drilling Tools and Mohawk Energy with Coretrax allows us to provide life-of-well solutions from drilling to decommissioning, directly targeted at production performance and integrity issues.

“Our customers can expect the same responsiveness and problem-solving approach; but will benefit from a much broader portfolio of unified technologies and solutions. We also intend to increase our manufacturing capabilities, supporting the local economies in which we work.”

Adam Offord

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