Intelligent Wellhead Systems Introduces Step Change in Digital Completion Technology Tenth-generation inVision X technology introduces field-proven frac valve activation

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CALGARY, CANADA (November 11, 2021) – Intelligent Wellhead Systems Inc. (IWS), a leading supplier of digital technologies that improve oil and gas well completion operations, today released its tenth-generation digital completion technology, inVision X. The upgrade to the inVision™ Technology Platform integrates engineered safety controls, automated digital standard operating procedure compliance, and remote valve activation.

CEO William Standifird commented, “The inVision X release promises to deliver a step change in completion performance for operators and service companies. This software upgrade helps to improve efficiency and safety, and further minimizes risk to wellsite personnel by integrating valve position sensors, pressure interlocks, Digital Handshake™ processes, and remote valve activation.”

inVision delivers 26,000 stages without a wireline or pressure control incident

Since the inVision I Technology Platform was introduced in 2018, the system has delivered more than 26,000 stages without a single wireline or pressure control incident. With its incident-free safety and reliability track record, the inVision Technology Platform has earned an unmatched reputation for helping oil and gas operators improve completions performance. The company will continue its focus on developing a safer, more reliable, and effective digital infrastructure for hydraulic fracturing and wireline operations.

About Intelligent Wellhead Systems

Intelligent Wellhead Systems designs, tests, manufactures, and deploys proprietary and unique digital safety and efficiency workflow technologies for oil and gas well completion operations. The company’s inVision™ Technology Platform helps oil/gas and oilfield service companies reduce operating risk, lower the total cost of operations, and improve uptime. IWS, a privately owned technology and services company, is backed by Pason Systems Inc. ("Pason") (TSX: PSI). 

Contact

Steve Sinclair-Smith

Chief Operating Officer

Intelligent Wellhead Systems Inc.

+1-587-323-7100

info@iwscorp.com

intelligentwellheadsystems.com

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