QualityStocks would like to highlight OMNI Energy Services Corp. (NASDAQ: OMNI). OMNI Energy Services offers a broad range of integrated services to geophysical companies engaged in the acquisition of on-shore seismic data and to oil and gas companies operating primarily in the Gulf of Mexico. OMNI provides its services through five business segments: Seismic Drilling (including drilling, survey and permitting services), Environmental Services, Equipment Leasing, Fluid and Transportation Services and Other Services.
In the company’s news yesterday,
OMNI Energy Services Corp. reported to investors that it has successfully executed a cleaning operation in an active production environment with its I.M.P.A.C.T.TM automated cleaning unit on an offshore production platform in the Gulf of Mexico. The cleaning operation was completed for its first commercial client, Stone Energy Corp. (NYSE:SGY), an oil and gas exploration and production company headquartered in Lafayette, La.
“We are extremely pleased with this successful test of our system in a live commercial production confirming the benefits of this system to our clients as well as the enhanced safety to our employees,” said OMNI President and Chief Executive Officer Brian Recatto. “In November 2009, we installed three I.M.P.A.C.T. cleaning devices on one offshore production platform. Yesterday, we were able to successfully remove all of the solids from these vessels without confined space entry or a production shut-in. The complete process took less than 24 hours to complete.”
He added, “We expect I.M.P.A.C.T. to become the standard for conventional tank and vessel cleaning, transforming the undertaking from a high risk, economically costly and environmentally damaging operation, to a safer, more cost-efficient, environmentally sensitive process.”
Kevin Hurst, Stone’s Offshore Production Manager, commented, “We are very pleased with the successful implementation and testing of the I.M.P.A.C.T. system on our facility. We anticipate that this will increase our productivity, minimize downtime and dramatically improve the safety of our offshore environment with respect to required vessel cleaning.”
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