SERVICE SECTOR / Plains Energy Services Ltd. Addition of Production Logging
Capabilities
CALGARY, Dec. 16 /CNW/ - Plains Energy Services Ltd. is pleased to
announce the addition of production logging capabilities to our Wireline
Services Division. This announcement follows one week after our first field
production logging run.
Plains now offers a complete line of production logging services,
including fullbore spinner, fluid density, temperature, pressure, radioactive
tracer and noise surveys to accompany its broad spectrum of related cased hole
wireline services. A strong technical department specializing in the
acquisition and interpretation of production logs supports these new services.
With these services Plains can provide flow profiles for single and
multi-phase producers, injection profiles, channel detection, leak detection,
surface casing vent flows and problem well analysis.
Joining the Plains Energy team to lead our production logging unit are
Perry Huber, CET and Dale Soppit, both of whom have over 15 years experience
relating to production logging and analysis.
The introduction of production logging services will assist Plains in
weathering the current downturn in oilfield service activity, given the
predisposition of exploration and production companies to focus on production
enhancement rather than new drilling in a low commodity price environment, and
will provide a new stable source of cashflow for this division.
Plains Energy Services Ltd. is an integrated oilfield service company
providing North America with services in all aspects of the completions and
production sectors of the oilfield services business.
Plains Energy Services Ltd. trades on The Toronto Stock Exchange under
the symbol ''PLA''.
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