"We remain encouraged and excited about IWS' team, technologies and growth prospects. As we've experienced within our core drilling-related business, customer demands and requirements for high quality data continue to increase in the completions sector. IWS is well positioned to support operators with these increasing needs. As an example, IWS' InVision Technology Platform has gained traction while enabling automated valve management processes for continuous frac operations in a safe and efficient manner, increasing the number of frac stages per day for several operators. Over the past year, IWS has seen strong growth in the adoption of its technologies, and we expect this additional capital will accelerate IWS' ongoing growth," said
The InVision™ platform for completion operations, from Intelligent Wellhead Systems, improves wellsite safety and efficiency with Wellsite Instrumentation, Digital Valve Controls, and Remote Monitoring solutions. Utilizing its customer's standard operating procedures, IWS creates a Digital Handshake™ to minimize human errors during operations activities. For more information about IWS, visit the company's website at www.bettercompletions.com or contact info@bettercompletions.com.
Additional information on risks and uncertainties and other factors that could affect
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