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Technicoil History

Technicoil Corporation is a publicly-traded oil and gas well services company with headquarters in Calgary, Alberta. The company is focused on providing coiled tubing conveyed fracturing services and coiled tubing conveyed drilling services. The company was formed in 1997 and has been in commercial operation since 1999.

Technicoil has a fleet of dedicated coiled fracturing rigs operating throughout the Western Canadian Sedimentary Basin. Technicoil, through partnerships with other leading well services stimulation companies, has been involved in the development of the coiled tubing conveyed fracturing process, and today operates the largest fleet of coiled fracturing rigs in the world.

Technicoil operates six coiled tubing drilling rigs. Our drilling rigs have been working since 2002 and are among the most modern and advanced coiled drilling rigs in the world. The coiled tubing drilling industry has grown very rapidly in the past 10 years and Technicoil has been a leader in equipment innovation.

With equipment designed for rapid deployment, safety and ease of operation, Technicoil is well placed as a leader in two of the fastest growing oil and gas industry segments.