Industry Oilfield Services Founded 2000 Type of business Private | Website PackersPlus.com | |
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Key people Dan Themig, Peter Krabben, Ken Paltzat, Ian Bryant, Kevin Trahan Products Open hole Multi-stage Completion Tools Subsidiaries Packers Plus Energy Services (U.S.A.), Inc., Eagle Downhole Solutions, LLC, CMC Machine Works, LLC Profiles | ||
Packers plus energy services makes innovation an art form
Packers Plus Energy Services, Inc. is a privately held, Calgary-based oil and gas service company. The company is the innovator of StackFRAC, an open hole multi-stage ball drop completion system. Packers Plus was founded in 2000 by Dan Themig, Ken Paltzat and Peter Krabben. Dan Themig is the CEO & CTO of the company.
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History
In January 2000, Dan Themig, Peter Krabben and Ken Paltzat founded Packers Plus Energy Services, Inc. Eighteen months later, Dan Themig was asked by a Houston-based company to present ideas on how to increase production in a horizontal well. Themig sketched a few ideas on a napkin on a flight from Calgary to Houston to present to the customer. The Houston-based company chose what would later become the StackFRAC system. StackFRAC is an open hole ball drop completion system credited with unlocking unconventional resources once thought to be uneconomical to produce. The company is also focused on high pressure/high temperature applications, high pressure retrievables and specialty downhole tools. Packers Plus also created the QuickFRAC batch fracturing system, the SF Cementor stage tool and Titanium XV HPHT system. In 2015, the Packers Plus ePLUS Retina Monitoring System won the World Oil Best Visualization and Collaboration award. The Retina is designed to detect multi-stage completion system operations and their effects on the reservoir.
Business operations
Packers Plus operates a semi-automated manufacturing centre in Edmonton, Alberta. It features automated assembly robots capable of building upwards of 600 tools per day and automated torque and test cells designed to test tools up to 10,000 psi.
Packers Plus has also built a Rapid Tool Development facility in Edmonton, Alberta which houses its engineering, research and development and testing personnel. In addition, Packers Plus also has a Manufacturing Facility, Rapid Tool Development, Technology Centre and Corporate Office in Houston, Texas. The company has operations in Canada, the U.S. and areas outside North America including the Middle East, North Africa and Latin America.