JPT continues to advance in the development of tools for Electrical Records. Using the ILT tool, with initial laboratory tests and in a well under controlled and simulated conditions in Neiva. The development is going for Phase II, manufacturing housing and mechanical parts in the US after having a laboratory prototipe in Colombia. The tool is manufactured using special materials not available in Colombia. The final field prototipe should be ready for May 2025, Selective perforating system.
We expect to start offering products and services for wireline Logging and perforating mid year