PhDsoft is proud to announce that is winning yet another award in recognition of its technology, this time in the United States along with a select group of only 6 companies.

For much of its existence, the oil and gas industry has pushed the limits of innovation. Through hard work, creativity and “out-of-the-box” thinking, extraordinary new technologies have been developed to find and produce oil and natural gas.

This awards program recognizes companies with revolutionary technologies that advance the process of discovering and producing oil and natural gas.

All technologies were reviewed by a panel of judges who evaluated submissions based on the five criteria of new; innovative; proven; broad interest; and significant impact.

LAGCOE 2015 New Technology Showcase winners are:

  • Concentric Pipe and Tool Rental – Superior Safety Wrench System
  • Halliburton – VersaFlex XtremeGrip Expandable Line Hanger System
  • Halliburton – SaltShield Cementing Service
  • Hypertherm – Freedom 38 PPA Plasma Cutting System
  • PhDSoft Technology – Structural Integrity Software
  • Pneumatic & Hydraulic Co. – Hydrus Tools
  • Seminole Services – Powerscrew Liner System

More information in the following video: