Expro Acquires Well Tractoring Unit of SmarTract

Expro International Group PLC has acquired the Well Tractoring business of Houston based SmarTract Inc.

The acquired business, to be called Expro Tractor Solutions, will provide industry leading Downhole Robotics and Tractor services to the oil and gas industry worldwide.

The SmarTract TM tractor is a unique electro-hydraulic crawler-type tractor that provides an extremely reliable method of deploying tools in high deviation wells and horizontal wells on wireline, providing a cost-effective alternative to drill pipe and coiled tubing. Its ability to apply force either up or down in the wellbore also makes it ideal for manipulating tubing mounted equipment such as plugs and sliding sleeves.

"This is a very exciting technology that we believe is about to come of age in the oil and gas industry. With increasing numbers of high angle and horizontal wells being drilled, the need for a reliable, cost-effective means to deploy tools in these wells is essential. The SmarTract TM tractor has established an enviable reputation for reliability, with tens of thousands of feet tractored in-well without failure," said Francis Neill, Marketing and Technical Director.

"This acquisition is another component in delivering Expro╣s strategy of positioning itself as the leading Well Performance and Production Optimization company," he concluded.
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