UrBC, Yekaterinburg, June 9, 2015. ChTPZ Group presented White Well, its project on the development and maintenance of oil deposits, at the 22nd Caspian Oil & Gas International Exhibition, the company’s press service reports.

The White Well Project is being worked on jointly by the Group’s pipe-manufacturing and drilling equipment maintenance divisions: oil producers are thus offered multi-function, custom-made solutions.

White Well covers customized selection, production, and delivery of pumps and submersion pipes that best suit the environmental conditions and the design of the wells as well as maintenance throughout the equipment lifecycle and personnel training. This is estimated to give a customer up to 3m RUR in per-well savings over a three-year period.

In addition to the project, the Group also presented its innovative developments such as the Group’s patented system for selection of corrosion-resistant materials for OCTG pipes, second- and third-generation Premium threaded joints, and 508mm to 762mm large-diameter pipes with welded joints meant for shelf drilling.