DynaEnergetics Enhances its IS2™ TF Intrinsically Safe™ Initiating System; Upgrade Enables Deployment of up to 100 DynaSt...
June 23 2020 - 6:00AM
DynaEnergetics, a business of DMC Global Inc. (Nasdaq: BOOM), today
announced an upgrade to its IS2 TF Intrinsically Safe initiating
system. The enhancement enables the deployment of up to 100
of DynaEnergetics’ DS Factory-Assembled, Performance-Assured™ well
perforating systems in a single plug and perf string, depending on
the length and type of the wireline cable. The IS2 TF (Top Fire) is
a wire free, integrated switch-detonator that serves as the
technological core of all DS perforating systems. Prior IS2 models
allowed for up to 40 DS systems per plug and perf run.
The solid-state IS2 TF was designed without
internal or external wires, which are the most common failure
points when combining an addressable switch and a conventional
resistorized detonator within a perforating system. The IS2 TF, in
combination with the compact design of all DS perforating systems,
gives exploration and production companies unprecedented
flexibility when designing their plug and perf completion
programs.
“Completions engineers are seeking to maximize
contact with oil and gas reservoirs, and increasingly are designing
wells with fewer charges per system, but a higher number of
perforating systems per stage,” said Ian Grieves, president of
DynaEnergetics. “Our high-count IS2 TF facilitates these complex
designs, and mitigates the risk of wiring or communications
failures. The upgrade to the IS2 TF does not change the
pricing for our customers, and does not require any hardware
upgrades. This product enhancement reflects our ongoing focus on
innovation, as well as our efforts to consistently enhance the
safety, performance and profitability of our customers’ well
completion programs.”
About
DynaEnergeticsDynaEnergetics’ innovative perforating
systems make a measurable impact on well productivity, completion
cost and safety. As the only global perforating manufacturer that
designs, manufactures and qualifies all of its equipment and
accessories in-house, DynaEnergetics ensures unmatched performance
and the lowest total cost of operations. For more information,
visit www.dynaenergetics.com.
Contact: |
Investor Contact: |
Edwin Reek, |
Geoff
High |
Vice President of Product Management and Marketing |
Vice
President of Investor Relations |
DynaEnergetics |
DMC Global
Inc. |
713.766.7630 |
303.514.0656 |
edwin.reek@dynaenergetics.com |
ghigh@dmcglobal.com |
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