Patents imply intellectual property and it has a $ value that can be associated depending on the field and type of patent that is allocated. Patents also increase the enterprise value of the company and help prevent copy-cats from copying the idea without having royalt payments or licencing deals. We like it when companies get patents awarded!. To protect IP companies aggressively file provisional patents even before they have a working product. The below table provides a way to look at what has been done by companies and use this as a factor to make investment decisions.
| Title | Filing Date | Publication Date | Grant Date |
|---|---|---|---|
| Walking system for a completion or workover rig | 2020-1-27 | 2022-5-31 | 2022-5-31 |
| System and Method for Remote Operation of a Closed Mouth Power Tong to Make Up … | 2019-12-17 | 2020-8-13 | |
| Circumferential Displacement Tool System | 2014-3-26 | 2014-10-02 | |
| Dual Rack Mast for a Well Servicing Vehicle | 2013-6-13 | 2014-1-30 | |
| Robotic Disassembly Method at a Well Site | 2012-7-24 | 2013-10-17 | |
| Tongs with low torque at high pressure | 2012-4-20 | 2014-11-04 | 2014-11-04 |
| Tongs triggering method | 2011-7-05 | 2014-4-22 | 2014-4-22 |