Conroe based Mpact Downhole Motors sets drilling record

CONROE, Texas -- Mpact(R) Downhole Motors is proud to announce that it set a new Permian Basin -New Mexico Drilling record on May 7, 2012 using an Mpact(R) Downhole Motor. The field performance record was for the fastest recorded vertical section. The assembly drilled a total of 3,164 feet in 13.5 hours, for an average ROP of 234.4 ft/hr.

Details of the record setting event are as follows:

-- Devon Energy Corporation

-- Field Name: Lost Tank

-- Location: Eddy County, New Mexico -- Well Name: Shaqtus 26 State Com 3H

-- Rig Name: H&P 214

-- Hole Size: 8-3/4"

-- Bit Type: Smith Mi516

-- Mpact Motor Model: 675 7833 HTS

The Mpact(R) Downhole Motor was configured with Mpact's 7833 performance power section with a displacement of .14 revolutions per gallon. The motor also utilized a premium high-performance stator elastomer, a straight fixed housing and slick sleeve.

Mpact(R) Downhole Motors has extensive in-house engineering capabilities that ensure ongoing development of leading edge motor technology that allows the company to achieve record-setting drilling performance and to meet a broad range of application requirements.

Mpact(R) Downhole Motors has over two decades experience in the design and manufacture of premium quality drilling motors and is a leading independent downhole motor supplier to the North American directional, horizontal and vertical drilling markets. Headquartered in Conroe, Texas, Mpact(R) Downhole Motors serves customers through four regional service centers and ten district sales offices strategically located throughout the Gulf Coast, Permian Basin, Mid-Continent, Rocky Mountain and Appalachian regions.