Impact to Present at SPE APOGCE

Joint Paper Demonstrates the Value and Performance of an Ultra-Low Invasion Fluid Technology Used in 14 Wells

Impact will present a co-authored paper with the drilling team of the largest operator in Venezuela at the upcoming Society of Petroleum Engineers (SPE) Asia Pacific Oil & Gas Conference and Exhibition (APOGCE) October 17-19 in Jakarta, Indonesia. The paper highlights drilling in the Naricual Formation in Venezuela where high pressures in multiple intervals require complex well planning. Impact's Ultra-Low Invasion Fluid Technology (ULIFT) was adopted with the purpose of eliminating the intermediate casing string, while drilling through an open hole section where over 7,000 psi was recorded.

Case History - Venezuela High Pressure Drilling