DynaEnergetics surpasses one million DynaStage system sales
DynaEnergetics has sold more than one-million DynaStage Factory-Assembled, Performance-Assured well perforating systems from its new Blum, Texas, and Mt. Braddock, Pennsylvania, manufacturing facilities. DS systems have been adopted as a critical well-completion tool by service companies and operators working in every major unconventional oil and gas basin in North America. "We developed the DS product family with the intent of positively transforming the safety, efficiency and reliability of the well completion process," said DynaEnergetics' president Ian Grieves. "Eclipsing one-million DS system sales is a clear indication we are succeeding in our objective. There has not been a single safety incident associated with the use of the DS system. In addition, the enhanced operating efficiencies and reliability enabled by the DS product family are accelerating perforating cycle times and driving down well completion costs. Service companies exclusively utilizing DS systems are achieving perforating success rates in excess of 99.99 percent, which has led to greater efficiency of related well completion activities such as pressure pumping."