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McCoy Global Inc T.MCB

Alternate Symbol(s):  MCCRF

McCoy Global Inc. provides equipment and technologies designed to support tubular running operations, enhance wellbore integrity and assist with collecting critical data for the global energy industry. It is transforming 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 predominantly during the well construction phase for both land and offshore wells during both oil and gas exploration and development. Its cloud-based platform and digital infrastructure enables digital product offerings and enhancements. Its real-time, remote data transmission infrastructure supports its ability to integrate, digitize and automate the historically manual processes of tubular makeup through its smarTR. Its smarTR product suite includes VTR Virtual Thread Rep, smartCRT Casing Running Tool, smartFMS Flush Mounted Spider, smartTong and smartTSA Tailing Stabbing Arm.


TSX:MCB - Post by User

Post by drunk@noonon Oct 12, 2024 2:58pm
324 Views
Post# 36264064

1756 active oil rigs drilling world-wide, assume 1/4 of

1756 active oil rigs drilling world-wide, assume 1/4 of canada's rigs are used for open hole --doesn't use casing-- 56--that leaves 1700. Considering 100 FMS  will be out in the field by year end. If the compan's fully automated system captures 20% of the market within a couple of years you are talking 340 units out in the field. (to be continued later)
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