Dmc Global Inc's Business Segments

DMC Global Inc. operates a diversified family of technical product and process businesses serving the energy, industrial and infrastructure markets. Our businesses operate globally through an international network of manufacturing, distribution and sales facilities.

Our business is organized into two segments: NobelClad and DynaEnergetics. NobelClad is a global leader in the production of explosion-welded clad metal plates for use in the construction of corrosion resistant industrial processing equipment and specialized transition joints. DynaEnergetics designs, manufactures and distributes products utilized by the global oil and gas industry principally for the perforation of oil and gas wells.

DynaEnergetics has been producing detonating cord and detonators and selling these along with seismic explosives systems for decades. Since 1994, the business has placed significant emphasis on enhancing its offering by improving existing products and adding new products through research and development, as well as acquisitions. Today, DynaEnergetics offers a comprehensive portfolio of detonating cord, detonators, bi-directional boosters, shaped charges, and corresponding gun systems.

In recent years, DynaEnergetics has increased its development efforts and introduced several new products specifically designed for safe and selective perforating. Included among these products is the DynaSelectTM family of intrinsically safe integrated switch-detonators. DynaSelect detonators require a specific electronic code for firing and are immune to induced currents and voltages, static electricity and high-frequency irradiation. These safety features substantially reduce the risk of unintentional detonation and enable concurrent perforating and hydraulic fracturing operations at drilling sites with multiple wellbores, improving operating efficiencies for customers.

 

Our DynaSelect products integrate our earlier Selectronic Switches with our Intrinsically Safe Detonator technologies in a unique one-piece system for improved well site efficiency, reliability, simplicity and service quality. The fully integrated design incorporates advanced software controls and reduces the size of the detonator and switch assembly. DynaSelect reduces by 40% the number of electrical connections required within each perforating gun versus prior detonator models. This improves set-up times and significantly increases reliability. The DynaSelect detonator is controlled by our Mulitronic IV Firing Panel. This system enables safe and reliable firing of up to 20 guns in a single run and incorporates a signal output function to monitor the movement and position of the tool string, resulting in significant time and cost savings.

Our DynaStageTM factory-assembled, quality assured, perforating system combines all our advanced technologies into a preassembled perforating gun that can be armed at the well site with the wireless DynaStage detonator, which incorporates all of the features of the intrinsically safe DynaSelect detonator. The DynaStage system is operated using our latest Multitronic V Firing Panel, and can be tested before going down hole using our Surface Tester. The Multitronic V Firing Panel is highly intuitive and allows the gun string to be safely tested and monitored throughout the pump-down operation. The Multitronic V panel introduces several new features designed to ease the use and the reliability of the system, including “shoot-on-the-fly” operation through an instant-fire capability. By safely checking perforating guns on the surface, the DynaStage Surface Tester greatly reduces the risk of lost time, mishaps, misruns and misfires due to a system fault. The Surface Tester is fully RP67 compliant and cannot initiate any type of detonator or explosive device. The patent-pending plug-n-go design of the DynaStage wireless detonator reduces the potential for errors by eliminating the need for wiring and crimping. The fully integrated design of DynaStage minimizes uncertainty and operational risks, achieving industry-leading perforating performance.

Our DynaSlotTM perforating system is designed for well abandonment operations. During abandonment the wellbore is encased and permanently sealed so that layers of sedimentary rock, and in particular freshwater aquifers, are pressure isolated from the wellbore. The DynaSlot perforating system facilitates this process by creating access to a full 360-degree area between the rock formations and the tubing and casing. Customers use the unique, helical perforation pattern created by DynaSlot to perform cement squeeze operations that seal off the wellbore.

DynaEnergetics develops and sells a wide range of shaped charges for use in its perforating systems. These include the family of HaloFrac™ charges, which incorporate advancements in liner materials and shaped charge geometry designed to improve hydraulic fracturing performance through lower and more consistent breakdown pressures, uniform proppant placement, uniform frac clusters and higher well productivity ratios. Another line, FracTune™, delivers uniform hole diameter in the well casing independent of shot phasing and gun positioning within the well bore. DynaEnergetics also sells the DPEX™ family of charges, which feature energetic liners. All three lines can be used with the DynaStage perforating system, as well as conventional perforating gun systems across a range of gun diameters.

DynaEnergetics Tubing Conveyed Perforating, (TCP) systems are customized for individual customer needs and well applications. TCP enables perforating of more complex highly deviated and horizontal wells. These types of wells are increasingly being drilled by the industry. TCP tools also perforate long intervals in a single trip, which significantly improves rig efficiency. Our TCP tool range includes mechanical and hydraulic firing systems, gun releases, under-balancing devices and auxiliary components. Our tools are designed to withstand downhole temperatures of up to 260 degrees Celsius (500 degrees Fahrenheit), for safe and quick assembly at the well site, and to allow unrestricted total system length.

 

The principal product of metal cladding, regardless of the process used, is a metal plate composed of two or more dissimilar metals, usually a corrosion resistant metal (the "cladder") bonded to a steel backing plate. Prior to the explosion-welding process, the materials are inspected, the mating surfaces are ground, and the metal plates are assembled for cladding. The process involves placing a sheet of the cladder over a parallel plate of backer material and then covering the cladder with a layer of specifically formulated explosive powder. A small gap or “standoff space” is maintained between the cladder and backer using small spacers. The explosion is then initiated on one side of the cladder and travels across the surface of the cladder forcing it onto the backer. The explosion happens in approximately one-thousandth of a second. The collision conditions cause a thin layer of the mating surfaces, as well as the spacers, to be spalled away in a jet. This action removes oxides and surface contaminants immediately ahead of the collision point. The extreme pressures force the two metal components together, creating a metallurgical bond between them. The explosion welding process produces a strong, ductile, continuous metallurgical weld over the clad surface. After the explosion is completed, the resulting clad plates are flattened and cut, and then undergo testing and inspection to assure conformance with internationally accepted product specifications.

DMC Global Inc. Overview

DMC Global Inc. is a technology-driven company that operates in multiple segments within the global oil and gas industry. The company specializes in designing, manufacturing, and marketing various high-tech products and services tailored to enhance the efficiency, safety, and reliability of oil and gas exploration and production operations.

1. Segments

DMC Global operates through various segments, focusing on different aspects of the oil and gas market, including:

- Explosive Products: This segment includes the design and production of perforating explosives and related hardware, which are essential for oil and gas well completion.
- Clad Metal Products: Through its subsidiary NobelClad, DMC Global manufactures clad metal plates that provide corrosion resistance in critical applications within chemical and petrochemical processing industries.
- Oilfield Services: This includes services that accompany the products manufactured, aiding in the safe and effective deployment of technologies in operational environments.

Products and Services

A. DynaEnergetics – Perforating Products

DynaEnergetics is a leading provider of perforating systems designed for the oil and gas sector. Below are the key products and services offered:

- Perforating Systems: DynaEnergetics designs and manufactures complete perforating systems comprising five primary components:
1. Carrier Tubes and Charge Tubes: These structures house the shaped charges and ensure that they reach the intended target within the wellbore.
Shaped Charges: Specialized charges that are used to puncture the casing and create perforations in the reservoir rock.
Detonating Cord: This component is crucial for transmitting the signal to detonate the shaped charges, ensuring precise timing and safety.
Detonators: Devices that initiate the explosive sequence to ensure reliable operation during well completion.
Control Panels: Used to monitor and control the detonation sequences; they play a critical role in ensuring the safety of the operations.

- DynaStage™ System: A unique, factory-assembled perforating system that simplifies operations by arriving at the site fully assembled, thus minimizing the need for extensive field assembly and associated infrastructure. This system is designed for performance assurance and enhances operational efficiencies.

B. NobelClad – Clad Metal Products

NobelClad focuses on the manufacturing of clad metal plates that integrate premium corrosion-resistant materials with more economical structural metals. Key features include:

- Clad Metal Plates: These products combine a thin layer of high-cost cladding metals (such as titanium or nickel alloy) with a less expensive structural backing (like carbon steel), allowing for significant cost savings in construction while maintaining high corrosion resistance.

- Manufacturing Technologies: NobelClad employs various advanced manufacturing techniques:
- Explosion Welding (Detaclad®): This versatile method provides high bond strength and allows for the cladding of a broad range of metals, producing robust and durable products suitable for demanding industrial applications.
- Hot Rollbonding and Weld Overlay: These methods are also employed but are generally limited to compatible metal combinations, making explosion welding a competitive advantage.

- Applications: Clad metal products are widely utilized in constructing pressure vessels and heat exchangers in various industries, including chemical processing, petrochemical refining, and oil and gas applications.

International Operations

DMC Global Inc. maintains a strong international presence by exporting its products and services to various markets across the globe. The company leverages its innovative technological solutions to meet the demands of diverse operational environments, ensuring that its products adhere to different local standards and regulations. DynaEnergetics, in particular, has developed partnerships and customer relationships worldwide, facilitating the delivery of its sophisticated perforating systems in a safe and efficient manner.

In summary, DMC Global Inc. is a multifaceted organization offering a range of specialized products and services that cater to the evolving needs of the oil and gas industry while also addressing issues related to corrosion and material performance through its NobelClad segment. The company’s robust international operations further enhance its ability to serve a global clientele, providing cutting-edge solutions that optimize extraction processes and ensure operational safety.