Accueil Ernstrade Bourse Actualite Stock


C.A.T. oil AG oil AG provides oil and gas field services in the Russian Federation and Kazakhstan. The company operates through two segments, Well Services, and Drilling, Sidetracking, Integrated Project Management. It offers hydraulic fracturing, including design, fracturing, stabilizing, coating, and cleaning; multi-stage fracturing technology that utilizes longer horizontal well designs to maximize reservoir contact; and remedial/squeeze cementing, which comprises the sealing of casing to prevent cross-flows by insulation of oil zone from water zone to restore production. The company also provides drilling for vertical, inclined, and horizontal wells for the extraction of oil and gas with a depth of up to 5,000 meters; sidetrack drilling; and procurement, contracting, and management of third-party drilling-related services. As of December 31, 2013, it had 15 fracturing fleets, 22 sidetracking rigs, and 9 drilling rigs. The company was founded in 1991 and is headquartered in Vienna, Austria.

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