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Casing and Tubing
We provide a complete service throughout the tubular cycle, combining the provision of tubulars, threaded accessories and connection threading
We offer an extensive range of completion accessories from our worldwide network of Hunting owned and licensed threading facilities.
Premium Threading Services
Using its global network of threading facilities, Hunting can offer both premium and API connection threading machined onto manufactured and free-issue components.
Clear-Run® provides highly effective dope-free performance against the key areas of concern during connection make-up and storage.
OCTG at Hunting
Hunting is one of the largest independent providers of OCTG connection technology, including premium connections.
Hunting holds inventory to support its customers’ requirements and to take advantage of particular market opportunities.
We are licensed to apply a variety of third-party thread forms and generic API threads. We source OCTG products from a significant number of major global steel producers and have strong, long-term relationships in the US, Canada, Europe and Asia Pacific. Hunting also trades pipe, which is a lower margin activity, to help support customer relationships.
Hunting’s core competencies of engineering, systems design and production, precision machining and quality print-part manufacturing can be applied to non-oil and gas applications, with efforts underway to diversify Hunting’s revenue streams. In 2021, the Group reported $37.6m.
Carbon capture projects
As noted in the Market Review, a large number of carbon capture and storage projects are to be completed within the 2025-2030 timeframe, to offset carbon dioxide build-up in the atmosphere.
These projects, which require carbon dioxide re-injection into known oil and gas fields, or greenfield developments, again present a long-term opportunity for the Company to provide OCTG, premium and semi-premium connections and accessories to operators. The Group’s Energy Transition team is exploring participation in this area.
Geothermal and CCUS (Decarbonisation)
Hunting has a focused Energy Transition project team in Aberdeen to pursue projects that align with the evolving industry.
Hunting was successful in winning a contract to supply OCTG to the geothermal project at the Eden Project in the UK, and in 2021 supported the completion of this project. As we enter 2022, our EMEA and Asia Pacific segments are pursuing projects in the geothermal and carbon capture and storage sectors, while developing knowledge within these high-growth areas. Hunting’s core expertise in OCTG is highly complementary to these new markets and we look forward to greater participation in these areas going forward.
An area of focus within the global energy industry is geothermal energy development. These projects present a long-term opportunity for the Company to provide OCTG, premium and semi-premium connections and accessories to operators. Hunting’s expertise in these products is industry leading and therefore accessing these markets is believed to be relatively low risk. In 2021, Hunting completed a project at the UK Eden Project.
We are pursuing projects in the geothermal and carbon capture and storage sectors, while developing knowledge within these high-growth areas. Hunting’s core expertise in OCTG is highly complementary to these new markets and we look forward to greater participation in these areas going forward.