Materion Introduces New Oilfield Coupling that Eliminates Common Causes of Failure in Wells Operating on Artificial Lift

New ToughMet® Coupling Prevents Rod String Wear

MAYFIELD HEIGHTS, Ohio–(BUSINESS WIRE)–Materion Corporation (NYSE:MTRN), an advanced materials solutions
provider, recently introduced a new oilfield coupling that is designed
to significantly reduce failures in wells that are prone to extreme rod
string buckling and wear deep in wells. The new ToughMet® 3 Valve Rod
Guide Bushing Coupling (VRGB) is engineered to prevent tubing leaks by
reducing metal-on-metal contact that results in tubing wear, a frequent
cause of production interruptions in artificial lift systems.

The new VRGB coupling, which connects the rod string to the pump drive
rod, restricts the valve rod bushing from coming in direct contact with
production tubing due to its thick-bodied design. ToughMet material is a
low friction alloy, and therefore preserves adjacent production tubing
and minimizes the risk of tubing leaks. In addition, the coupling can
withstand high impact loads from rod buckling.

Made of ToughMet 3 TS95 alloy, a highly durable non-galling, spinodal
bronze made of copper, nickel and tin, the material has a proven record
in harsh, demanding environments. Because of its low friction
properties, it is widely used for onshore and offshore drilling
equipment components, sucker rod couplings, bearings in aircraft landing
gear and industrial and mining equipment parts. Materion’s ToughMet 3
TS95 alloy is the strongest coupling material available that mitigates
coupling-on-tubing wear.

“Multiple customers have shared data showing very positive results that
they’re getting with our ToughMet VRGB coupling,” said William Nielsen,
V.P./General Manager, Materion Performance Alloys and Composites. “This
new coupling uses the same ToughMet alloy that has been proven to
increase run times and production when used for sucker rod couplings in
deviated wells in the Bakken, Permian and other shale plays. It tackles
an additional need we identified when testing the sucker rod couplings
with Hess Corp. and will offer our customers one more option for
lowering their overall production costs.”

About Materion:

Materion Corporation is headquartered in Mayfield Heights, Ohio. The
Company, through its wholly owned subsidiaries, supplies highly
engineered advanced enabling materials to global markets. Our unique
product portfolio includes high
performance alloys, beryllium
products, clad
metal strip, composite
metals, ceramics, inorganic
chemicals, microelectronics
packaging materials, precision
optics, thin
film coatings and thin
film deposition materials.

Materion, the Materion logo and ToughMet are registered marks of
Materion Corporation or its subsidiaries.

Learn more about Materion at (http://materion.com/About).

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YouTube
– https://www.youtube.com/user/MaterionVideos

Contacts

Materion Corporation:
Investor Contact
Stephen F. Shamrock,
216-383-4010
[email protected]
or
Media
Contact
John McCloskey, 216-218-8305
[email protected]
https://materion.com
Mayfield
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