Welltec Canada Acquires Endeavor E-line Services

Welltec is pleased to announce that it has grown its Canadian operations with the acquisition of Endeavor E-line Services, the wireline portion of Essential Energy Services, Ltd. in Calgary, Alberta. A warm welcome to our new colleagues!

The increases to our asset base and service points results in Welltec Canada, Inc. becoming the 5th largest, cased hole eline provider in the country. This addition, bundled with Welltec’s unique portfolio of intervention technologies plus the standard cased hole offering, will provide superior value for our Canadian customers.


Welltec secures Ecopetrol Contract in Columbia

Welltec is proud to announce a recent contract award by Ecopetrol in Columbia for the conveyance services in one of their most challenging projects planned for 2012-13.

This award represents the first contract between Ecopetrol and Welltec and enables our innovative products to assist them in expanding their reservoir knowledge through increased Open Hole logging. Welltec’s unique, robotic conveyance solution has allowed operator’s to acquire hundreds of open hole data sets over the recent years.

Setting the tone for future business in Colombia and Latin America, both companies plan to commence a long term relationship in which Welltec will have the opportunity to demonstrate an ever increasing portfolio of innovative, robotic solutions. Already proven in many other parts of the world, the use of light weight, electric line conveyed equipment offers a safer, more environmentally friendly and cost effective alternative for optimizing hydrocarbon recovery over the life of the well.


New Welltec Annular Barrier Nets $7MM Contract

A major North Sea operator building on the successful qualification of open hole annular barriers has awarded further work to Welltec, bringing the accumulated value of work to approx. $7MM.

The scope of work covers both further qualification and commercial supply of the Welltec Annular Barriers (WAB) extending the range of solutions available. The WAB solution enables cementless well completions to be realized, providing a combination of cost savings and enhanced oil recovery for a large offshore field development program.

Please click here for more information about the Welltec Annular Barrier.


Outstanding Rigless Well Intervention Achievements in Malaysia

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Murphy Oil Malaysia recently completed a highly successful, rigless intervention campaign using Welltec services. Not only did these platform based operations allow immediate production from a well that was temporarily abandoned, but it also saved the time and cost of a rig based sidetrack. The end result is expected to add 20 MMscf/d into the production portfolio.

Murphy Oil Malaysia recently completed a highly successful, rigless intervention campaign using Welltec services. Not only did these platform based operations allow immediate production from a well that was temporarily abandoned, but it also saved the time and cost of a rig based sidetrack. The end result is expected to add 20 MMscf/d into the production portfolio.

In the first well, the drift run hung up at 945 ft MD when trying to perforate the well. Based on previous experience, the cause was suspected to be part of a cement wiper plug. This was pushed down to a nipple profile at 4,314 ft MD, leaving it still 1,690 ft above the perforation depth. After only minutes of milling, the Well Miller made it through the plug, which allowed the Well Tractor to push it down to 6,398 ft MD, approximately 380 ft below the target perforation interval. Thereafter the well was perforated and put on production.

In the second well, a poor cement job had made the primary target zone inaccessible and left an obstruction inside the tubing. With pressing rig commitments there was insufficient time to fix the problem, leaving the well temporarily abandoned and a candidate for future sidetracking. Based on the success of the first well, the Well Tractor and Well Miller were used to push the obstruction from 400 ft to 2,132 ft MD, meeting the objective to prepare the well for sidetracking.

However, it was decided to attempt to push the obstruction as far as possible. Using the Well Tractor and Well Miller the well was cleared well beyond the sidetrack target depth to an eventual Hold Up Depth of 8,743 ft MD. Getting this far down the production string allowed access to two of the three reservoirs in this well, which could now be completed for production rather than scheduled for a sidetrack workover.

Click here to read more about this rigless success.