Act Energy Technologies Ltd. (ACX)

Overview

ACT Energy Technologies Ltd., initially known as Cathedral Energy Services Ltd., underwent a rebranding to its current name in July 2024. Founded in 1998, the company has established a significant footprint in the directional drilling service industry, primarily catering to oil and natural gas companies across Canada and the United States. With its headquarters in Calgary, Canada, ACT Energy Technologies is dedicated to enhancing the efficiency and effectiveness of drilling activities through a broad spectrum of innovative services and technologies. The organization's commitment to delivering excellence has not only fostered growth but also positioned it as a key player in the oilfield services sector, particularly in the areas of directional drilling and associated technologies.

Products and Services

• Remote Directional and Measurement-While-Drilling (MWD)

  ACT Energy Technologies offers top-tier remote directional drilling capabilities alongside MWD services. These solutions facilitate the precise control and real-time monitoring of the drilling direction and parameters, ensuring optimal performance and safety in challenging drilling environments.

• Automated Gamma

  The company's automated gamma services incorporate advanced gamma ray detection technology. This allows for improved drilling efficiency by providing detailed analyses of the geological formations encountered during drilling, leading to better decision-making and results.

• Drilling Optimization

  With a focus on maximizing drilling efficiency and reducing operational risks, ACT Energy Technologies provides comprehensive drilling optimization services. These services leverage cutting-edge technologies and data analytics to enhance drilling speed, accuracy, and overall well performance.

• Well Planning and Rotary Steerable Services

  Effective well planning and the use of rotary steerable systems are crucial for the success of drilling projects. ACT Energy Technologies specializes in these areas, offering sophisticated planning tools and rotary steerable services that ensure the accurate positioning and optimal trajectory of wells.

• Mud Motors

  The company manufactures and supplies high-quality mud motors that play a vital role in powering the drill bits used in directional drilling operations. These motors are designed for reliability and efficiency, enabling smoother and faster drilling under various conditions.

• MWD Technology Solutions

  MWD technology solutions by ACT Energy Technologies are at the forefront of drilling innovation. These solutions provide essential real-time data on wellbore positioning and formation properties, significantly enhancing drilling precision and safety.

• Rotary Steerable Systems

  Rotary steerable systems offered by the company allow for precise directional control of the drill string without the need for stoppage or manual adjustment. This technology supports the drilling of complex well paths with high accuracy and efficiency.

• Drilling Motors and Components

  ACT Energy Technologies produces a comprehensive range of drilling motors and components that are integral to the drilling process. These products are engineered to meet the highest standards of durability and performance, supporting operations in demanding drilling environments.

• Downhole Technology Products

  The company's downhole technology products include a variety of tools and systems designed to optimize the drilling process and enhance well performances, such as advanced sensors and measurement devices.

• Real-time Operations Centers

  ACT Energy Technologies operates state-of-the-art real-time operations centers, providing continuous monitoring, collaboration, and optimization services for drilling operations. These centers play a crucial role in ensuring operational excellence and efficiency.

• Equipment Rental, Training, Maintenance, and Repair Services

  In addition to its product offerings, the company provides comprehensive support services, including equipment rental, training, maintenance, and repair. These services ensure that customers can maximize the utility and lifespan of their equipment and technologies.