Press release
DynaEnergetics Expands Portfolio of Well Perforating Solutions with Introduction of DS MicroSet™ Setting Tool and DS Liberator™ Ballistic Release Tool
HOUSTON, July 08, 2020 (GLOBE NEWSWIRE) -- DynaEnergetics, a business of DMC Global Inc. (Nasdaq: BOOM), today announced the addition of DS MicroSet and DS
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[{"type":"text","content":"HOUSTON, July 08, 2020 (GLOBE NEWSWIRE) -- DynaEnergetics, a business of DMC Global Inc. (Nasdaq: BOOM), today announced the addition of DS MicroSet and DS Liberator to its family of Factory-Assembled, Performance-Assured™ well-perforating products. These highly differentiated tools increase DynaEnergetics’ total addressable market within North America’s onshore unconventional oil and gas industry by an estimated 20 percent. \n\n \n \n \n \n \n \n \n \n \n \n \n DynaEnergetics has added the DS MicroSet™ setting tool and DS Liberator™ ballistic release tool to its portfolio of Factory-Assembled, Performance-Assured™ perforating products. This image shows where each product appears on a perforating string that includes DynaEnergetics’ industry-leading DS Infinity™ perforating systems.\n \n \n \n \n \n \n \n \n\n The patent-pending DS MicroSet is a compact, disposable setting tool used to install the plugs that isolate stages in a multi-stage, unconventional oil or gas well. Like all of DynaEnergetics’ DS products, it is delivered directly to the customers’ wellsite or staging location fully assembled, quality assured and ready for deployment. It includes a pre-installed power charge, and can be armed in seconds with a wire-free, Intrinsically Safe™ IS2™ IG Plug and Go™ igniter. At the wellsite, DS MicroSet is attached to the perforating string, which also includes perforating systems, and a plug. Using DynaEnergetics’ Infinity Surface Tester, the field engineer can confirm that the electrical connections in the setting tool and other perforating-string components are operational. Once the string is deployed and reaches a predetermined depth in the well, the DS MicroSet power charge is initiated from surface using DynaEnergetics’ Infinity Control Panel, and the plug setting sequence is commenced. The single-use tool is fully disposable, reducing time and labor associated with reclaiming and redressing standard setting tools. DS MicroSet is the most compact setting tool available, and does not require a firing head. It is designed to perform seamlessly with DynaEnergetics’ DS perforating systems, and is compatible with virtually any third-party plug. DS Liberator is a ballistic release tool (BRT) that enables the wireline service company to disengage from a perforating string that has become stuck in the well bore. The patent-pendin...