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Interpipe developed a new connection Intrepid-SP for the US market

Ukrainian industrial company Interpipe has designed, developed, tested the new connection Intrepid-SP devised specially for the North American market.

This product serves for the construction of directional and horizontal wells in order to extract shale oil and gas which are in hard-to-reach layers - shales, dense sandstones and limestones. Due to the “shale revolution” and new drilling technologies the USA doubled its oil production over the past decade.

The purpose of Intrepid-SP is to maintain the column gas tightness under a complex load and ensure its safe rotation during descent. Such rotation is a necessary technological condition for the construction of horizontal sections of wells with large deviations from the vertical.

Intrepid-SP may also be used for the exploitation of traditional deposits but with hard-to-recover reserves, eg. in multilateral wells with horizontal endings or a new horizontal section is “added” to the main well of an existing well.

Denis Morozov, Interpipe CFO:

- We continue to expand the line of threaded connections for oil and gas production entering new market segments. The new connection was developed considering the peculiarities of the North American market and is intended for companies that develop complex deposits. Intrepid-SP was tested in an independent laboratory. We are going to deliver the first shipment by the end of the year.

About Intrepid:
USS Intrepid is an aircraft carrier built during World War II for the United States Navy. Commissioned in August 1943, she participated in several campaigns in the Pacific Theater of Operations, most notably the Battle of Leyte Gulf, was torpedoed once and hit by four separate Japanese kamikaze aircraft.

Then, she served mainly in the Atlantic, but also participated in the Vietnam War. Her notable achievements include being the recovery ship for a Mercury and a Gemini space mission.

About the company:
Interpipe is global producer of steel pipes and railway wheels, based in Ukraine. The company’s products are marketed in more than 80 countries all around the world via the network of sales offices located in key markets of Ukraine, Europe, North America and the Middle East. In 2019, Interpipe supplied 798 kt of finished goods, including 203 kt of railway products.

Interpipe has 12 thousand people working at the company’s facilities. During 2019 the Company transferred UAH 3.25bln in taxes to budgets of all levels and extra-budgetary funds.

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