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McCoy Global Inc MCCRF


Primary Symbol: T.MCB

McCoy Global Inc. is a Canada-based provider of technologies and equipment designed to support tubular running operations, wellbore integrity, and assist with collecting critical data for the global energy industry. It is focused on well construction using automation and machine learning to maximize wellbore integrity and collect precise connection data critical to the global energy industry. Its core products are used primarily during the well construction phase for both land and offshore wells during both oil and gas exploration and development. Its cloud-based, real time, remote data transmission infrastructure supports its ability to integrate, digitize, and automate the historically manual processes of tubular make-up through its SmartTR automated casing running system. Its product suite includes Virtual Thread Rep, SmartCRT, SmartFMS, McCoy’s Smart Tong, and McCoy’s Smart Tailing Stabbing Arm. The Company operates in Canada, the United States, and the United Arab Emirates.


TSX:MCB - Post by User

Comment by Angleson Aug 11, 2021 12:05pm
288 Views
Post# 33685089

RE:RE:Pason Systems

RE:RE:Pason Systems The only other comment I can make about Pason and their investments in Intelligent Wellhead Systems Inc. is that I see three main differences between PSI, IWC and MCB.

I see PSI as the main controller of "everything about information"... drilling control functions, overall data, actual drilling info, other geo info etc. and tying most of that all together and sending.

I see IWC as the overrider of all the safety features/controls (pressure control and safety bypasses etc.) with the specific data info in those areas which compliments PSI, as such their investments.

I see MCB as the true automation driver of the drilling equipment (in both machinery products and control functions) in the operation and information thereof. Plus, putting it all in one complete remote cloud operation package which has not been done to date.

Could they all work together???  Possible with perhaps a few overlaps and minor changes needed to be made but I think overall their technologies could all be combined to make many rigs far more cost efficient, much safer for all workers involved, more reliable with less labor and far more remote operational ... which would be a bunch of great future benefits for any industry companies, their management and operators plus this industry overall!
 
Again, my own personal observations and opinion. Angles.

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