High Arctic Energy Services Inc. (6LQ0)

Overview

High Arctic Energy Services Inc. is a premier oilfield services provider catering to exploration and production companies predominantly in Canada and Papua New Guinea. Established in 1993 and anchored in Calgary, Canada, the company operates across three core segments: Drilling Services, Production Services, and Ancillary Services. This diversified service offering has positioned High Arctic Energy Services as a critical player in the support of the oil and gas industry, delivering a comprehensive range of services designed to reduce the operational complexities of its clients.

Products and Services

Drilling Services: High Arctic Energy Services excels in offering drilling services with a special focus on providing skilled drilling personnel to its clients. This essential service helps ensure the efficient and safe extraction of oil and gas resources.

Well Servicing and Snubbing Services: The company is adept at conducting well servicing and snubbing operations, critical to the maintenance, completion, and intervention of oil and gas wells. This includes tasks aimed at ensuring the continuous productivity and integrity of the wells.

Hydraulic Workover Units: Its hydraulic workover units are specially designed equipment used in well repair and maintenance operations, providing a versatile and efficient solution for well intervention processes.

Oilfield Equipment Rentals: High Arctic Energy Services offers an extensive inventory of oilfield equipment for rent, accommodating the varied needs of exploration and production activities without the necessity for clients to incur the capital expense of purchasing the equipment outright.

Nitrogen Pumping Units: The provision of nitrogen pumping units is another area of specialization, facilitating a range of operations such as well stimulation, pressure testing, and purge and displacement activities, paramount for the safe and efficient handling of wells.

Heli-Portable Drilling Rigs in Papua New Guinea: Unique to its operations in Papua New Guinea, the company owns and operates two heli-portable drilling rigs. These rigs are designed for remote locations that are otherwise inaccessible, ensuring exploration and drilling activities can proceed in challenging terrains.

Support Equipment and Services: High Arctic Energy Services provides a comprehensive suite of support equipment and services, including rig matting, crawler cranes, water pumps, forklifts/wheel loaders, telehandlers, lighting towers, camps, trucks, wash-down packages, vehicles, and drill pipes and BHA. This array of support services ensures that every aspect of the drilling and exploration process is adequately covered, reducing downtime and enhancing efficiency.