Neo Oiltools appoints Saja Energy distributor of neotork tool

Neo Oiltools, a provider of drilling performance tools for the oil and gas industry, has appointed Saudi Arabia-based Saja Energy as the official distributor of the neotork Vibration Management Tool in the Kingdom of Saudi Arabia

neotork optimises drilling by adjusting the depth of cut and allowing higher drilling parameters to improve the rate of penetration (ROP). The tool protects the drill bit and bottom hole assembly (BHA) to reduce failures, trips out of the well and downtime, all while increasing safety.

With a proven track record of over 14mn feet drilled in 1,500 wells worldwide, neotork effectively manages torque generated by the drill bit and reduces vibrations across all four dimensions in offshore and onshore applications. The tool’s unique technology ensures that once downhole torque exceeds the preset limit, a system of disc springs and steel cables automatically contracts to reduce the bit depth of cut. The excess torque ‘stored’ in the system is slowly released as the drilling structure drills off. Crucially, the bit remains engaged with the formation at all times so drilling is not interrupted.

“We are very pleased to work with Saja Energy to bring the only tool that can protect drilling operations against all four types of vibrations and torque dysfunctions back to the Kingdom of Saudi Arabia,” stated Robert Borne, Neo Oiltools’ chief executive officer. “This strategic alliance will provide significant benefits to the main operator in the region.”

Paul Day, chief executive officer at Saja Energy, added that the technology addresses the particular challenges operators encounter in Saudi Arabia. “Its reusability and ability to increase drilling efficiency strategically meets our customer's needs to reduce costs while improving performance – and supports our In Kingdom Total Value goal,” he added.