RGL Reservoir Management Inc. is proud to announce the Canadian-based sand and flow control company is now incorporated in Africa. The establishment will allow RGL to bid on new business opportunities in this thriving sector.
RGL’s research is considered an integral part of the development of emerging technologies for maximizing recoveries in upstream oil and gas. Results of the Canadian company’s work will be featured at next week’s SPE 2018 Western Regional Meeting.
The program committee of the esteemed SPE Annual Technical Conference & Exhibition (ATCE) has accepted an RGL technical paper on sand control, which will be presented in Dallas, Texas, in late September. The flagship SPE event, which attracts industry professionals from around the world, received a record number of more than 2,500 paper proposals for consideration.
RGL Reservoir Management will be joining fellow leaders in the Canadian heavy oil industry at next week’s SPE/CHOA Slugging It Out Conference.
For the first time in the California oil industry’s century-plus year history, a seamed slotted liner has been placed in an oil well.
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.