The Cool Click

A Calgary com­pany hopes to re­verse the for­tunes of the pipe­line in­dus­try, one weld­less joint at a time

Alberta Oil - - RETURN ON INVESTMENT -

BRING­ING A NEW OIL­FIELD PROD­UCT TO MAR­KET IS AL­WAYS

a risky bet. But bring­ing one to mar­ket dur­ing the tu­mult of 2014 must have felt like a game of Rus­sian roulette. Luck­ily for CORE Linepipe, the pre­vi­ous years of study they put into per­fect­ing their Click­Weld pipe joint sys­tem pro­vided some peace of mind. And it’s pay­ing off.

To­day, the Calgary-based com­pany says it gen­er­ates about $10 mil­lion in man­u­fac­tur­ing and ser­vice rev­enue, much of it from oil fields in Saskatchewan. Click­Weld, the tech­nol­ogy at its heart, is a me­chan­i­cal pipe­line-join­ing sys­tem that elim­i­nates the need for con­ven­tional field weld­ing—and all the costs that come along with it. What’s more, CORE Pipe­line claims that, once com­pleted, the Click­Weld joint is stronger even than the base pipe­line.

But the key to Click­Weld isn’t just the money and the time the com­pany says it can save. It’s the pipe­line’s patent-pend­ing coat­ing. “We saw a seg­ment in the mar­ket that wasn’t be­ing prop­erly ad­dressed—where pipe­line op­er­a­tors didn’t have a lot of choices,” says CORE Linepipe pres­i­dent Sam Bouey. “So we de­cided to pro­vide the so­lu­tion.”

What that so­lu­tion looks like is pre­fab­ri­cated sec­tions of pipe­line that, be­cause they don’t need to be welded to­gether,

CORE LINEPIPE PRES­I­DENT SAM BOUEY IN­SIDE THE COM­PANY’S CROSS­FIELD, AL­BERTA FAC­TORY

Newspapers in English

Newspapers from Canada

© PressReader. All rights reserved.