Trican Well Service

Summary

History

Mission

Vision

References

Summary

Trican Well Service Ltd., an equipment services company, provides various specialized products, equipment, services, and technology for use in the drilling, completion, stimulation, and reworking of oil and gas wells in Canada. The company offers cementing solutions, including pre-flushes and spacers, cement plugs, lost circulation, cement design, and laboratory solutions, as well as surface, intermediate, production, liner, horizontal, and remedial/squeeze cementing services; and cement pumpers, bulk equipment, and cement auxiliary equipment. It also provides reservoir solutions, such as exploration, production analysis, and simulation and modeling services; and coiled tubing solutions comprising coiled tubing fracturing and acidizing, specially designed tools, in-house engineering, well cleanouts, milling, high pressure jetting, e-coil, nitrogen gas lifting, and production enhancement, as well as equipment and tools. In addition, the company offers acidizing and production enhancement services that include production and injection well enhancement services, and equipment; well intervention tools; and fracturing solutions and equipment. Trican Well Service Ltd. was incorporated in 1979 and is headquartered in Calgary, Canada.

History

Trican Well Service was founded on April 11, 1979. Until 1997, it primarily operated in the Lloydminster, Alberta area and the Kindersley, Saskatchewan area.In December 1996, the company became a public company and changed its management.In January 2013, the company acquired i-TEC Well Solutions.In 2015, the company sold its Russian operations to Rosneft for $197 million. It also suspended operations in Australia, Algeria, Saudi Arabia, and Colombia to cut costs. In 2016, the company sold its United States hydraulic fracturing business to Keane Group.In June 2017, the company acquired Canyon Technical Services.

Mission

Our mission is to lead the industry in providing superior products and services that maximize customers’ return on investment.

Vision

We strive to be the preferred service provider in all regions where we operate, by executing safe, reliable, cost-effective projects.

References

https://en.wikipedia.org/wiki/Trican_Well_Service

https://in.investing.com/equities/trican-well-service-ltd

https://finance.yahoo.com/quote/TCW.TO/profile?p=TCW.TO

https://www.crunchbase.com/organization/trican-well-service

https://www.tricanwellservice.com

Leadership team

Mr. Bradley P. D. Fedora MBA (Pres, CEO & Non-Independent Director)