Flexing financial muscle: Cordax’s LWT solution reduces Extra Rig Time from days to hours

Flexing financial muscle: Cordax’s LWT solution reduces Extra Rig Time from days to hours

Permian Client saves five figures on one well while extracting quality data

Jan. 24, 2019

In today’s market, the spread cost for drilling operations—rig time, fuel, field salaries, associated rentals and services equipment—can be anywhere from $50,000 to $75,000 a day.

Now, imagine if gathering your formation evaluation data took hours, not days.

Complete Logging While Tripping (LWT) data . . . and a world record to boot!

Complete Logging While Tripping (LWT) data . . . and a world record to boot!

Cordax technology successfully logs 16,750 feet of a nearly 24,000-foot well in Colorado’s D-J Basin

Jan. 17, 2019

It’s about going to great lengths for the drilling and completions industry. In this case, world-class lengths.

In late November, in the Wattenberg gas field near Boulder, Colorado, Cordax Evaluation Technologies logged a 23,960-foot (measured depth) well for a Denver-based client, Great Western Oil & Gas Company.

CWLS presentation: Delivering, deploying and harnessing invaluable data

CWLS presentation: Delivering, deploying and harnessing invaluable data

Cordax, Crescent Point to discuss multi-well LWT collaboration in west-central Saskatchewan

Jan. 8, 2018

Information is king. And in the upstream energy sector, data simply dominates.

Next week, at Calgary’s Fairmont Palliser Hotel, Cordax Evaluation Technologies and Crescent Point Energy Corp. will be making a joint presentation on a multi-well collaboration in Saskatchewan that was based on Cordax’s proprietary Logging While Tripping (LWT) technology.

AlMansoori ready to replicate Cordax-fueled success in Egypt

AlMansoori ready to replicate Cordax-fueled success in Egypt

Logging While Tripping (LWT) technology featured in Pipeline Oil & Gas Magazine

Dec. 13, 2018

The word continues to spread on Cordax’s Logging While Tripping (LWT) solution—and so does its deployment.

In a Dec. 5, 2018 article, Pipeline Oil & Gas Magazine noted that Middle East oilfield services provider AlMansoori is ready to begin deploying Cordax’s LWT technology in Africa, after repeated success and a signed contract in the United Arab Emirates.

Getting back to work: Cordax donates coveralls and workwear for Calgary Drop-In Centre clients

Getting back to work: Cordax donates coveralls and workwear for Calgary Drop-In Centre clients

‘Together, we can improve the lives of those who are less fortunate’

Dec. 6, 2018

It’s a place of courage, hope and new beginnings. And it’s a place where lives get rebuilt, one step at a time.

The Calgary Drop-In & Rehab Centre cares for the most vulnerable members of our society, and works with a network of agencies to end chronic homelessness in Calgary.

Middle East national oil company adopts Cordax technology

Middle East national oil company adopts Cordax technology

SPE-sponsored study endorses LWT’s operational, economic advantages

Nov. 29, 2018

Reliable data. Minimal risk. Virtually no extra rig time.

Those were the findings of a recently released Society of Petroleum Engineers (SPE) paper on Cordax’s proprietary Logging While Tripping (LWT) technology, whose case study focused on two ADNOC (Abu Dhabi National Oil Company) Onshore wells in Abu Dhabi.

Cordax innovation featured in Journal of Petroleum Technology (JPT) magazine

Optimizing well productivity: Horizontal logs unlock critical geologic knowledge

Oct. 24, 2018

Journal of Petroleum Technology (JPT)
November 2018 issue

With drilling on the rise, U.S. oil production is expected to continue to increase.

However, many industry professionals are concerned that the “brute force” model, which has seen a massive influx of capital flow into completion and hydraulic fracturing operations, is not an economically sustainable business model.