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  Arrow 3 Media Release 24 April 2001

ESTec Systems announces ESTec Oilfield's New Product

ESTec Systems announces details of its latest product, the IntegraLine 150iH Top developed by Allan R. Nelson Engineering, a wholly-owned Estec subsidiary.

This new drilling rig component will be produced by ESTec's latest company, ESTec Oilfield, Inc. at its special construction site just opened in West Edmonton.

Top Drives increase drilling rig production and efficiency, transferring much equipment to a stable position atop the rig. The 150iH is specially designed for fast installation and easy use atop the popular gasfield double rigs, although it is adaptable to other types of gas and oil rigs. Priced well below the industry's best-sellers, and more compact for its features than almost any other unit, the ESTec Oilfield Top Drive has already attracted the interest of leading drilling contractors in Canada and the United States and will be available for sale shortly, after field testing is completed.

The IntegraLine 150iH is designed to meet the needs of hundreds of double or similar drilling rigs. Each IntegraLine Top Drive will sell for approximately C$720,000, a bargain in today's drilling market, and the basic design is a simple, integrated one that can be customized at minimum cost to meet every contractor's need.

Technical History of Top Drives:
As a result of changes in downhole technology in the past 15 years, and the needs of downhole technology, the industry has developed a wide range of top drives for larger drilling rigs.

The ESTec Oilfield 150iH IntegraLine Top Drive is designed for doubles and delivers all the advantages of top drive drilling previously restricted to larger rigs. The complete top drive is shorter than the hook block and swivel used in double rigs.

Another trend is the super-single rig with the capacity of a double, but with a pipe-handling system for drilling without racking the pipe in the derrick. The Oilfield Top Drive is adaptable for this application, too. Allan R. Nelson, founder of Allan R. Nelson Engineering says, "In Canada alone, there are approximately 200 double rigs operating with the potential to utilize the ESTec Oilfield IntegraLine Top Drive requirements".

 
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