CBC News: Bouncing back from layoff in oil & gas
“Jeffrey Forsyth, CEO of nFluids Inc., shares his insights and success story on bouncing back from layoff in the oil and gas industry published by CBC News Canada.”
Mud By Any Other Name
“Homegrown research on nanoparticles for oil and gas could change the future of drilling fluids. In western Canada’s oil patch, when people hear the term “advanced technology,” they often think of downhole telemetry, wireless communications, engineering instruments or global positioning systems.”
Pushing The Frontier Through Wellbore Strengthening
“New and/or improved drilling fluid technologies are promising to deliver wellbore strengthening by using small concentrations of nano materials and other advanced chemicals.”
Cutting-edge Fluid Additives for the Oil and Gas Industry
“Drilling fluid is an important part of an oil and gas drilling operation – its many uses include cooling the drill bit, removing cuttings, lubricating the well bore and providing hydrostatic pressure to balance the pressure from the reservoir.”
Holding One’s Own
“A new fluid additive used to retain drilling mud could have significant cumulative benefits.”
After Years of Development, Nanoparticle Drilling Fluid Ready
“Calgary-based nFluids believes it is among the first to answer that call. The 4-year-old firm is now in the early stages of commercializing its nanoparticle additive that it says is compatible with all types of drilling fluids.”
Cutting-edge Fluid Additives
“Drilling fluids have many jobs from cooling and lubricating the drill bit to removing of cuttings, sealing and strengthening the wellbore whilst maintaining hydrostatic pressure to prevent kicks or blowouts, to name just a few.”
Small Solutions, Big Impact
“Drilling fluids provide many benefits such as cooling and lubricating the drill bit, removing of cuttings, sealing and strengthening the well-bore whilst maintaining hydrostatic pressure to prevent kicks or blowouts. In the competitive fluids market, new technologies have to outperform conventional technologies and more importantly, do so cost-effectively.”
Startup of the Week – nFluids
“Calgary startup nFluids designs and manufactures nanoparticle additives to improve the drilling process. Pilot customers of nFluids have seen their drilling fluid losses shrink by up to 90 per cent, and a reduction of costly rig downtime worth up to $40,000 per day.”