STEP Energy Services : Pushes the Limits - Breaking Records for a Valued Client in the Bakken

September 29, 2020 STEP Energy Services Pushes the Limits - Breaking Records for a Valued Client in the Bakken

Calgary, AB - September 29, 2020 - STEP Energy Services Ltd. ('STEP') is pleased to share the successful achievement of a client's depth record while performing a milling operation in North Dakota. After milling 37 plugs, and travelling through another 14 dissolvable plugs, at pressures over 6,300 psi (43 MPa), STEP professionals tagged a depth of 7,134 meters (23,404 ft) with 2-3/8' (60.3 mm) CT. STEP worked in close collaboration with the client to design a custom string for their multi-well completion program. With STEP's expertise in engineering, sales, operations, and health and safety the team was able to deliver an efficient intervention program which resulted in the record depths.

Brock Duhon, president, U.S. operations, comments 'We are very proud of our professionals for delivering an unparalleled, customized solution to our client operating in the Bakken. This client milestone could not have been achieved without the professionalism and expertise of our professionals. STEP is committed to delivering safe, flawless operations and breaking a few depth records along the way is just an example of our exceptional client experience'.

About STEP

STEP is an oilfield service company that provides stand‐alone and fully integrated fracturing, coiled tubing and wireline solutions. Our combination of modern equipment along with our commitment to safety and quality execution has differentiated STEP in plays where wells are deeper, have longer laterals and higher pressures. Our Canadian services are focused in the Western Canadian Sedimentary Basin (WCSB), while in the U.S., our services are focused in the Permian and Eagle Ford in Texas and the Bakken in North Dakota.

TSX: STEP