Tag Archives: Stockholm Precision Tools

IDS goes down hole with Stockholm Precision Tools agreement

Granite’s International Directional Services (IDS) subsidiary has become the exclusive distributor of Stockholm Precision Tools AB’s Downhole Gyro Survey Tools within the US minerals and civil construction markets, it says.

The SPT line of downhole gyro survey tools is now available for rent, providing IDS customers a greater selection of tools and brands from a single source.

Among these tools is SPT’s GyroMaster™, which uses the company’s proprietary Navibore Technology to register data points every cm for improved accuracy. This enables customers to automatically create highly accurate independent surveys.

The companies share a 15-year history that spans IDS’ operations in the US, Mexico, and Canada; with SPT focused on market-leading research, development and manufacturing and IDS providing customers with “exceptional services and rental support”, Granite said.

“With IDS becoming the exclusive US distributor for SPT, both companies are well positioned to grow market share in the United States’ minerals and civil construction markets,” the company added.

SPT CEO, Orlando Ramirez, said: “Today’s agreement between SPT and IDS strengthens and advances our positions in the USA market enabling us to compete with our full range of market-leading downhole survey tools creating a valuable proposition to customers that will be difficult to ignore.

“The technology expertise and leading position of SPT, combined with the US market presence and expertise of IDS, will allow customers to improve their drilling process, reduce costs, and improve results.”