Weir Oil & Gas, an upstream provider of pressure pumping and pressure control equipment and services, introduced its second-generation SPM Radio Frequency Identification (RFID) technology and RFID Mobile App at OTC 2018. The new RFID enhancements enable flawless iron fleet maintenance in the field, even in the most remote locations plagued with low Internet or cellular connections.
Weir Oil & Gas reports that it is achieving significant success in the field with intelligent sensors designed to accurately communicate mud gas liquid levels in real time to prevent overflows and maximize safety while providing active kick management, reducing cleanup costs and lowering non-productive time.
Weir Oil & Gas has developed a mobile application for iPhone or Android devices that furthers its goal of digitizing the oilfield to the benefit of service companies of all sizes. This new app is designed to bring many of the benefits of the previously launched SPM Asset Management Program (AMP) directly to the field.
Weir Oil & Gas has announced significant milestones in the evolution of the SPM QEM 3000 frac pump: reaching more than 1,000 hours of pumping time in harsh conditions with minimal wear, resulting in the sale of a fleet to Canyon Services Group, Inc.
The Weir Group PLC has agreed to acquire Delta Industrial Valves Inc. a US-based manufacturer of knife gate valves for the mining, oil sands and other industrial markets, for an enterprise value of up to US$47 million. Based in Niles, Michigan, Delta employs approximately 70 people and generated EBITDA of approximately US$6.2 million over the last twelve months.
Weir Minerals Linatex, a business unit within The Weir Group PLC, announces the release of two new products and one new product enhancement. These product launches provide Weir Minerals Linatex with a new competitive advantage not enjoyed by other hose manufacturers.