RGL Reservoir Management is in the process of adding a Technical Salesperson to support its Business Development team.
For the first time in company history, RGL Reservoir Management experts have had five technical papers accepted for presentation at the upcoming 2018 SPE Canada Heavy Oil Technical Conference and Unconventional Resources Conference in Calgary March 13 and 14th.
Each year, SPE’s Journal of Petroleum Technology (JPT) short lists technical papers featuring innovative concepts for specific, energy industry sectors. RGL’s paper, by Mahdi Mahmoudi, Ph.D on “Sand-Screen Design and Optimization for Horizontal Wells Using Reservoir Grain-Size-Distribution Mapping - SPE 17903” was one of only three papers recommended in the 2017 Sand Management and Sand Control category.
One of three technical papers RGL is presenting at this year’s SPE International Conference and Exhibition on Formation Damage Control introduces the foundation concept of proLAB™, RGL’s Sand Control Testing Facility, successfully launched in 2017.
RGL Reservoir Management Inc. (“RGL” or the “Company”), a market leader in sand control solutions for the world’s most challenging reservoirs, is pleased to announce that on December 21, 2017 it completed a recapitalization of its balance sheet. This recapitalization reduces RGL’s long-term debt by more than 80% and its annual cash interest by approximately 95%. In conjunction with the recapitalization, RGL is securing a new credit line that will be used to fund growth. Going forward, RGL remains conservatively capitalized, with the continued support of lenders and shareholders, to pursue organic and strategic growth initiatives.
RGL proudly announces ISO 9001:2015 recertification for Canadian sand control and flow control production facilities.
A leading international oil and gas company has awarded RGL a contract to engineer, manufacture and trial customized tools in a Cyclic Steam Stimulation (CSS) application.
A leading developer in Canada’s heavy oil industry has awarded RGL Reservoir Management a large contract to supply proPUNCH™ sand control screens for installation on SAGD operations in the Athabasca oil sands region.
A leading Canadian oil and natural gas exploration and production company has awarded RGL Reservoir Management a contract to supply its proSERIES™ sand control solutions to the company’s SAGD operations in the Athabasca oilsands.
RGL is committed to investing in sand and flow control technology, state-of-the-art facilities, and staff in order to provide operators with technically advanced and cost-effective solutions to optimize production. To that extent, we are pleased to announce a new location for our Flow Control and Tool Manufacturing facility located in Leduc, Alberta.