Enteq Upstream PLC - New Product Releases
("Enteq" or the "Company")
New product releases
Enteq, the oilfield services technology and equipment supplier, is pleased to announce the commercial launch of three new products at the
PowerHop, with patents approved and in the process of final grant, is an internally developed wireless downhole connection and power system. Approximately
As a result of Enteq's technology collaborations, which involves joint investment and revenue sharing, Enteq is also pleased to announce the completion and release of the following two collaborative projects.
FusionXT, developed in co-operation with a leading
Geotracker, providing an azimuthal propagation resistivity sensor, located immediately behind the drill bit, enhancing the ability to drill more accurately through geological formations is combined with Enteq's control electronics, software and firmware.
Full technical specifications of both the PowerHop and FusionXT products are available for download on the Company's website at http://www.enteq.com/introduce-powerhop
Enteq is confident that the new technologies continue to differentiate and enhance the technical position of Enteq in order to take advantage of North American or International business opportunities.
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This information is provided by RNS, the news service of the
Quick facts: Enteq Upstream PLC
Market Cap: £10.48 m
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