Trican Well Service Ltd. provides an array of specialized products, equipment and services used during the exploration and development of oil and natural gas reserves. The company has operations in Canada, Russia, Kazakhstan, the United States and Algeria. The Canadian operations provide services to customers across the entire Western Canadian Sedimentary Basin (WCSB). The company conducts its Russian operations through bases situated in western and eastern Siberia and Kyzylorda, Kazakhstan. Trican's base in Algeria is in Hassi Messaoud. The company’s United States operations are run through bases situated in northern and eastern Texas, Arkansas and western Oklahoma. Canada The company, in Canada, operates in the major sectors of the oilfield pressure pumping services industry including: cementing; fracturing, including coalbed methane (CBM) services; acidizing; deep coiled tubing; nitrogen; geological services; and industrial services. It offers these services to customers from operations bases located across the WCSB. In March 2007, the company acquired all of the shares of CBM Solutions, a privately-owned company based in Calgary, Alberta operating throughout western Canada and the Rocky Mountain region of the United States. CBM Solutions specializes in the provision of geological and engineering services for unconventional gas wells, including gas content analysis, reservoir characterization and consulting services for coalbed methane and shale gas wells. Russia The company operates in Russia under the name Newco Well Services LLC (Newco). Newco provides cementing services to a variety of customers in the Tyumen region of western Siberia. United States The company, in the United States, operates under the name Liberty Pressure Pumping LP (Liberty). Liberty provides primarily fracturing services in Texas, Louisiana, Arkansas and Oklahoma. Liberty has operating bases in Springtown and Longview, Texas; Searcy, Arkansas and Woodward, Oklahoma. Liberty has a platform in the major shale plays in the southern United States and operates a fracturing fleet with 188,000 HHP. This capacity is divided into eight crews operating out of four bases: four fracturing crews out of a base in Springtown, Texas which is located in the Barnett Shale; two fracturing crews out of Longview, Texas, performing work in the Haynesville Shale in Louisiana and on other deep gas fields in East Texas; and one fracturing crew in Searcy, Arkansas, working primarily on the Fayetteville Shale. In 2008, the company opened a fourth bas in Woodward, Oklahoma. This base has one fracturing crew that works on the Woodford Shale and other oil and gas wells in the region. The company also offers cementing and nitrogen services in Longview and acidizing services in Woodward. North Africa (Algeria) In Algeria, the company operates out of one base in Hassi Messaoud. The company runs one coiled tubing unit, one nitrogen pumper and one twin fluid pumper in the region. Industrial Services Industrial Services offers engineered solutions and services to oil sands, heavy oil, refinery, petrochemical, gas process, power generation, mining and pipeline facilities. Specialty services include mechanical and chemical descaling and passivating of process facilities, pipelines and storage tanks. Engineered services also include nitrogen displacement of pipelines and process facilities, nitrogen cooling and warming of process reactors, and pressure testing and leak detection of pipelines and process facilities. The company offers services to industrial plants, oil and gas facilities and pipeline operations. These include the mechanical or chemical descaling and cleaning of industrial plants, the inerting and purging of plants and pipelines with nitrogen, and pressure testing of vessels and pipelines. Competition The company’s competitors in the well service market in Canada, the United States and Russia include B.J. Services Ltd., Halliburton Energy Services, Schlumberger Incorporated, Calfrac Well Services Ltd., and CATCO Engineering AG. History Trican Well Service Ltd. was founded in 1979.
trican well service ltd (TOLWF:OTC US)
645-7th Avenue SW
Calgary, AB T2P 4G8
|Baker Hughes Inc||$72.70 USD||-0.70|
|Calfrac Well Services Ltd||C$20.54 CAD||-0.39|
|Halliburton Co||$68.99 USD||-0.36|
|Schlumberger Ltd||$114.70 USD||-0.70|
|Weatherford International PLC||$21.89 USD||-0.21|
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|Price/Cash Flow||NM||Not Meaningful|
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To contact TRICAN WELL SERVICE LTD, please visit www.trican.ca. Company data is provided by Capital IQ. Please use this form to report any data issues.