On April 14th, the Welltec team in Angola had invited oil and gas professionals to attend a Technology Day, focusing on innovative intervention and completion technology. Taking place in Luanda, and with more than 35 participants, the event included various presentations and live tool demonstrations.
The current low oil price spurs operators to look at innovative and cost-effective intervention and completion methods, increasingly turning to new technology for help.
Michael Ipsen, Acting General Manager at the Welltec base in Angola, says:
“Both new and existing clients are hungry for technology that saves them time and cash. We offer the industry’s best and most reliable intervention tools, all designed with the overall purpose of increasing the client’s production, while reducing his cost”.
The event included a variety of tool introductions, including live demonstrations of conveyance and intervention tools as well as the
Flex-Well® completion concept with a specific focus on the Welltec® Annular Barrier (WAB®).
“For 13 years we have performed well interventions for Angola’s biggest operators, and we look forward to continue increasing their production with improved safety and saving them cost and time”, ends Michael Ipsen.
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On March 1-2, representatives from some of Germany’s biggest oil operators attended a Welltec and Multiline technology event. Taking place in Diepholz, Niedersachsen, and with more than 60 participants from the German oil and gas industry, the event included various presentations and live tool demonstrations.
Current low global oil prices have forced the industry to look at smarter, more collaborative approaches to reduce costs in the industry. Recently, Welltec has combined forces with the German e-line provider, Multiline, aiming to deliver unique e-line technologies to operators and other oil and gas companies in the German market.
Among other items, the two day event included a variety of tools, including live demonstrations of the Well Cutter, which eliminates the use of explosives, and the Well Cleaner PST which, using high-rate fluid circulation, agitates the debris and captures it in bailers within the tool.
Additionally, the participants got to see and understand static tool displays as well as enjoy various presentations on e-line technology and completion solutions – all designed for reducing cost and time, while increasing recovery.
Learn more about Multiline here
The development of a unique mechanical cutting tool makes it possible to eliminate explosives from many operations which require tubulars to be recovered during workovers, drilling operations or recompletions.
Welltec® has created the Well Cutter® which makes it possible to perform several cuts of drill pipe, casing and liner, without explosives, in the same trip in the well and make the cut regardless of whether the pipe is in tension or compression. This achievement leads to instant time and cost savings while increasing safety for both people and assets.
The world’s first operation demonstrating two cuts in the same run recently took place offshore. Two cuts were required in order to reduce the risk of pulling the tubing in one piece through a restriction; two sections creating smaller lengths of continuous pipe and reducing the risk.
The operational time was reduced significantly and the unique ability to cut under tension or compression provided a key benefit as it overcomes uncertainty sometimes posed by the environment.
In another example, the Well Cutter again demonstrated its ability to overcome uncertainty, reduce risk and optimize operational efficiency by cutting through both scale and tubing in the same run. A large build-up of BaSO4 restricted the ID of the 7″ tubing to just 5.45″. In this example the operator saved approximately 75% of the costs by performing the entire operation on e-line compared to a rig-based operation.
The Well Cutter is another example of our ability to help our clients reduce costs and deployment times while enabling increased cash flow without compromise to the safety of people and assets.
Welltec® is the pioneer and the world’s leading provider of downhole robotic solutions for deployment, milling, clean-out and mechanical solutions. For more examples of innovative ways to solve your workover challenges through lower lifting costs, reduced capex and maintained production – http://www.welltec.com/reducecost