With a Product and Service Portfolio that spans the life cycle of a well— Cementing, Completion, Production, Testing, Remedial Intervention and Abandonment— along with a robust research and development setup at our headquarters, we are well positioned to meet the ever-evolving needs of the industry. Our commitment to client satisfaction has resulted in key operators trusting SPRINT with long term contracts. Clients' growing confidence and satisfaction towards SPRINT's Efficiency and Service Quality can be reflected by ever increasing number of clients despite of the global decline in the oilfield market over the last few years.
While the oilfield market has been stagnant during the last couple of years, Sprint managed to make a remarkable growth year on year. We have grown exponentially in almost all the countries we operate, and today, we have grown by six folds compared to ten years ago and twice as big as in 2011. During this challenging expansion, we have always focused on HSE and Service Quality. With a growing learning curve, we have always valued Client Input to further improve our Service Delivery.
Since inception in 2004 and till YE-2020, SPRINT added 70 complete packages covering cementing, nitrogen, tools, stimulation, Multiphase flow meter testing, snubbing and coiled tubing equipment. From 2013 to 2020, we have increased our operational assets by more than 136% in the Pumping, Cementing and Coiled Tubing domain to cover the growing high-pressure pumping and rig-less operations market needs, and to expand our portfolio offering in various countries.
Performance and Service Quality
From 2005 to 2020, SPRINT performed more than 4000 cementing, coiled tubing and stimulation jobs for various clients. During this period SPRINT maintained an outstanding average efficiency of 98% with a minimum of 95% in any one year. SPRINT always depict a highly professional approach in the execution of its operations and gained appreciation from different clients for its efficiency in terms of Job Planning, Mobilization of Services, Safe Job Execution, and Conclusive Post Job Analysis. The year-on-year increment in the number of operating hours of SPRINT indicates the level of confidence and trust between valued clients and SPRINT. This has been achieved through our professionalism, QHSE performance, technical support, competency of operating crews, technical support, and timely response.