2023
SABER was successfully proven during field testing in an operational environment in the US.
SABER’s control system successfully operated in a demanding live drilling environment during active testing in Norway.
Enteq announces the sale of its XXT MWD intellectual property and associated assets to Rime Downhole.
Enteq invested in a new facility in Houston, Texas, in an ideal location to support customers and partners with the development and roll-out of SABER.
2021
SABER’s control system successfully demonstrates the ability to operate in a live drilling environment.
The company changes its name from Enteq Upstream plc to Enteq Technologies plc.
The SABER tool, an evolution of the Rotary Steerable technology proven and tested by Shell and then licensed to Enteq, ready for field trials.
2019
Exclusive license of Rotary Steerable technology and IP from Shell. Engineering centre established in the UK for commercialisation of the system.
2018
Collaboration with technology partner Well Resolutions Technology releases seamless AtBit geo-steering solution with Short Hop EM.
2017
Continued development of products and patent filings.
2016
Relocation of Californian product centre to Houston providing a full service centre from a single location.
2014
Consolidation during industry down-turn , with strong retention of cash and financial stability in company while continuing to invest in engineering and international market development.
2013
Integration of XXT, KMS & ProFlow into a full MWD system provider.
2012
Acquisition of KMS & ProFlow, Houston, Texas. Manufacturer and supplier of industry standard mechanical drilling tool components and fabricated equipment for MWD and mud motors.
Acquisition of XXT, Santa Clara, California. The leading independent provider of high end down-hole MWD electronics to the main independent North American service companies.
2011
Enteq Upstream plc formed and listed on AiM, London Stock Exchange.
1997-2007
Enteq management team were CEO and senior managers of Sondex plc, a successful Wireline and MWD technology company which grew under private and public funding prior to being acquired by General Electric.
1997