Established in 2010, DSI Thru-Tubing Inc is headquartered in Calgary, Canada, with operations throughout North America in specialized, premium thru tubing intervention services. ALS Oil & Gas was formed in 2013 through the acquisition of oil and gas services firm, Reservoir Group. Since then, ALS Oil & Gas has strengthened its offering with other acquisitions in the sector, including the US well monitoring fiber optic brand, BMP Enterprises LLC.
DSI was built around a vision of a leading company of thru tubing experts, focused on a responsive customer service and a culture of innovation. DSI offers a range of unique thru tubing tools and specializes in the milling of FRAC plugs and the associated bespoke tools. DSI offers drillable FRAC plugs, ball seat systems, motors, mills and cleanout accessories. From design through to production, service and support, customer service delivered by a highly qualified team of experts has become synonymous with the DSI brand.
DSI’s leading service capability adds to the ALS Oil & Gas, Specialist Well Services division’s technical and product expertise in the thru tubing offering. DSI will become part of existing ALS brand, Wellvention. This will significantly expand the geographic reach of DSI, as Wellvention already has a strong footprint in other key oil and gas hubs globally; the UK, Europe, Africa and the Middle East. Additionally, it will allow DSI to offer the current range of Wellvention specialist thru tubing tools to the North American marketplace.
DSI’s existing management and 48 staff will all be joining ALS Oil & Gas. For current DSI President, Dave Griffith, a large benefit of this deal will be the opportunity to become part of a global team, as he explains, “being part of a large global organization will enable DSI to realize its ambition to operate in multiple geographies. We are already seeing the positive effects of this deal with the access to two new, unique tools; the Chugger and the FlowMaster. The Chugger is the only generation of axial vibration tool that is capable of reaching depths of today’s longest laterals. Similarly, the novel and patented design of the newHTHP Large Bore FlowMaster delivers a permanent FRAC plug solution with unrivaled internal production flow diameter, and without the associated risk of disintegrating frac balls. The speed to market has increased substantially, thanks to the design and manufacturing capabilities provided by ALS-Welltools.”
ALS Oil & Gas - Specialist Well Services division MD, Fraser Louden commented: “There is a natural synergy between DSI and Wellvention, both in terms of geographical location and the same excellent service and customer quality focus. Culturally, we believe DSI’s values and customer-driven approach will ensure a quick and smooth integration of the people and services into Wellvention and the globally positioned ALS Oil & Gas group.”