Deep Well Services is leading the way through one of the toughest oil and gas markets in decades

PITTSBURGH - Dec. 22, 2015 - PRLog -- At a time when many other companies in the industry are scaling back as a cost-saving measure, Deep Well Services (DWS) has forged ahead.

     The Pittsburgh-based oilfield snubbing and workover service company is meeting the challenges of a down market by working on innovative cost saving measures as well as service industry certifications that are superior to their competitors.

     Currently underway at Deep Well there is an initiative to become one of a handful of companies to obtain the API Q2 certification.  This certification is specifically for the Petroleum and Natural Gas Industry.  API Q2 is similar to an ISO 9000 certification that manufacturers earn.

     “It’s a quality management system for service supply organizations,” Deep Well Services President and CEO Mark Marmo said. “As part of the certification, formalized processes are prepared to document and identify risk.”

    Action plans are created to mitigate/control risk. This then reduces downtime, incidents and non-productive time (NPT).  Other companies that have attained this certification are Halliburton, Baker Hughes and Calfrac to name a few.

     While Deep Well Services already maintains high standards and excellence in the services that DWS provides, this certification will serve to further enhance their commitment to offering faster and safer snubbing and workover completion services.  The company plans to have this distinguished designation by the end of 2016.

    DWS has also demonstrated its cost saving strategy that benefits the customers.  Deep Well can complete wells more quickly and efficiently which in turn will reduce the overall “burn” rate per day on a pad as well as allow the E&P companies to bring their wells online faster.

    The “burn” rate is the cost of all vendor services needed on the pad on any given day.  This cost varies but a conservative estimate for completion operations is $85,000 per day.  Savings of 1 ½ days equates to $127,500 per well.

How do they do it?

Deep Well Services’ efficiency, safety and productivity stemsfrom:

·         DWS Equipment – Deep Well Services has utilized cutting edge technology and top tier talent to build and maintain its position as a leader in the snubbing, completion, and well service industry. The companyowns and operates one of the newest fleets in the region, on average 2 years old.  All equipment is designed and maintained in compliance with API standards.  DWS’ ability to successfully complete both high-pressure and traditional well service operations with the same level of safety and efficiency gives them an edge over their competition.  DWS has a proven track record of safely and successfully performing a wide range of live-well, conventional and unconventional operations for many of the E&P operators working throughout the region.

The addition of Rig Smart Technology in 2016, a system which further increases efficiency and safety through visual and audio communication, is an example of DWS commitment of optimizing performance through innovation.

“Our equipment is ever evolving and we are constantly upgrading the fleet to meet the unique demands of the Appalachian Basin,” says Aaron Berarducci, DWS General Manager. “The push for longer laterals, higher pressure completions, and to achieve more efficiencies with reduced costs requires continual advancements in our technology to maintain our position as an industry leader.”

·         DWS Technology - Another asset to Deep Well is the Snubbing Simulator manufactured by KICK Global, Alberta, Canada, that was specifically for the company.  This Generation 4 model with Oculus virtual reality technology is the only one of its kind currently in the USA.  The Snubbing Simulator is directly tied to the DWS Competency Program.  The control panel mirrors the one on all DWS snubbing units to provide the most realistic feel possible. The Simulator is able to create any scenario an operator may encounter, and also provides the opportunity to react to emergency situations in a controlled environment.

     “This highly customized training simulator delivers the most realistic training experience, resulting in knowledgeable and confident operators, with process and control system familiarity and experience,” Marmo said. “Employees must become proficient with this training before moving to the next level.”

·         DWS Relentless Safety Commitment – the company currently employs a team of 5 professionals dedicated to safety, a ratio of approximately 1 safety staff member to every 30 employees. In the past 12-15 months, DWS has completed an initiative to overhaul its Behavioral Based Safety Program. “The upgrades to our BBS Program have further increased employee engagement in hazard detection and elimination,” Berarducci said.

These efforts have resulted in a 60 percent recordable incident rate reduction and 40 consecutive months without a lost time injury. “We have shown our customers that investments in safety increase our efficiencies, reduce costs, and most importantly, ensures everyone goes home safely at the end of each day,” Berarducci said.

Deep Well Services employs 150 people and has been among the most productive and efficient oilfield companies to work the Marcellus and Utica basins. DWS continues to grow with new, state-of the-art equipment and more employees.

“Our company emphasis on Safety first- One team, One family, our focus on maintenance, and being innovative, has and will continue to set us apart from our competition,” said Marmo.