McCoy Global Inc. announced the acceptance of multiple contract awards in April, 2023 for 17 Flush Mount Spiders (FMS) totaling CAD 4.1 million from several large, independent U.S. service companies based in West Texas. The FMS technology provides casing running service providers with performance and safety advantages inherent with its unique design features. McCoy commercialized this technology in 2022 and has since received sales and rental commitments for a total of 32 units.

McCoy's hydraulic rotary flush mounted spider can be fully connected (smartFMSTM) to provide information on the state of the tool to the driller's display in real-time as well as the ability to integrate with the smartCRT. Delivery is expected to take place over the second half of 2023.