Peak Well Systems' IRIS-3D technology has won the Innovation category at the annual Energy Institute Awards. The product provides a high expansion, mechanical support system that can be applied to a wide range of purposes. "The ability for this device to provide an extremely large amount of torque in a very small volume is something we have not seen before," said Dr. John M. DeLong, president and CEO of the Institute.
Peak Well Systems' IRIS-3D technology has won the Innovation category at the annual Energy Institute Awards. The product provides a high expansion, mechanical support system that can be applied to a wide range of purposes. For downhole applications, for instance, it can be used to extend the performance of traditional elastomer seals and enables an entirely new suite of wellbore sealing systems.