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|Dril-Quip Wins Spotlight on New Technology Award for Hands-Free Drilling Riser System|
The HFRe™ drilling riser is an automated system designed for high pressure, high temperature (HPHT) environments. HFRe™ utilizes a boltless, fatigue-resistant 4-million-lbf coupling that has been tested per API 16F/TR7 requirements. The technology can decrease risk and operational costs by reducing rig floor personnel and by providing feedback on position states, orientation and preload verification during connection make-up through its hydraulic SmartSpider™ technology.
This press release contains certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding the performance and benefits of the Company’s products. Forward-looking statements are based upon certain assumptions and analyses made by the Company in light of its experience and other factors. These statements are subject to risks beyond the Company's control, including, but not limited to, operating risks and other factors detailed in the Company's public filings with the
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