New technology from leading Aberdeenshire-based oil service company ThinJack Ltd has received a warm welcome following its introduction to key overseas markets.
The company, which has a strong global reputation for riglessly separating seized well flanges, recently launched NuttySecurity™ with particular focus on the Nigerian and Egyptian markets. The technology is delivered in collaboration with representatives in Lagos, Nigeria and Cairo, Egypt and ThinJack is seeking a representative in Indonesia.
NuttySecurity™ is a wellhead theft deterrent which is described as: “the oilfield and industrial equivalent of car wheel security nuts.” Offering a single kit to cover the same bolt/stud size on several wells, the system offers significant cost savings compared to the re-purchase of just one stolen gate valve. Other benefits include a reduction in the likelihood of both oil pollution (due to unauthorised valve removal) and production loss, as well as cost savings in re-installation and pressure testing. There is a focus on the “chain of custody” of the security equipment delivered, providing additional re-assurance to customers.
Commenting on the success of the new technology, ThinJack Ltd Managing Director Guy Bromby said: “After seven months of development, we were delighted to bring the latest addition to our portfolio to the market and we have been equally pleased with the level of interest it has generated where there is a high likelihood of theft.
“NuttySecurity™ is developed from raw, but well considered, entrepreneurial spirit and could be deployed anywhere in the oilfield countries where wellhead or industrial plant security is a concern. Currently, wellhead parts are stolen and then re-sold either as scrap metal or back to the original owner. This creates pollution, production loss and the costs of equipment re-procurement, re-installation and testing.
“Customers have thanked us for delivering a solution which deters thieves, creating optimism that thousands of barrels per day of lost oil production is not compulsory, whilst helping protect the environment and their local communities from pollution. Our alliances with our representatives in Lagos and Cairo are central to enabling the swift rollout of this technology, and we look forward to supporting them.
“When showcasing the technology at recent industry events, visitors have been curious about the system which, as well as a theft deterrent, an anti-tamper device, reducing unauthorised service in an industrial plant. Noted have been the ease of removing the security nuts from their keeper and having all tools secured with a lanyard, minimising the possibility that they would be dropped into a swamp.”
To find out more about NuttySecurity™ visit http://www.NuttySecurity.com
(ThinJack Ltd Press Release)