Transform

Transformation

Is the word that best describes Welltec’s ambitions in the upstream oil and gas industry. Through a unique combination of patented technology and innovative approaches, we have developed concepts and technologies which have delivered value for nearly two decades.

A vision of transformation

Our vision is to transform the upstream oil and gas industry such, that it becomes safer and more sustainable while achieving higher recovery

Flex-Well®

Our latest development, the Flex-Well, is analogous to horizontal drilling for what it can bring to our industry. Applying a holistic, open technology approach with new technology provides benefits through the whole cycle of the well; from drilling and completion, through production to abandonment.

Read more about the Flex-Well here.

Welltec Flow Valve for COMPLETION SOLUTIONS
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Increase Net Present Value

The Flex-Well® provides the opportunity for the operator to diversify his capital expenditure either through reduction or by maintaining and drilling more wells. Capex can be reduced per well due to:

  • Smaller rig sizes required
  • Fewer rig days to drill and complete
  • Less services needed
  • Comprehensive yet simple completion hardware
  • Fewer platforms required

A new concept

Our latest development, the Flex-Well®, is analogous to horizontal drilling for what it can bring to our industry

Interventions

Like a Formula 1 pit stop, our combination of specialized equipment and experts will accomplish the work required quickly and efficiently. Our portfolio of intervention tools and expertise spans two decades and is continually expanding to provide new, innovative solutions and the best possible service delivery.

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INCREASING RECOVERY RATES SIGNIFICANTLY

Higher Recovery

Comes from better ideas and better control of assets. Steady cash flow requires steady production. Yet in the face of a naturally occurring decline curve, most operators still wait until a well is shut in before investing in an intervention. Regularly scheduled maintenance with lightweight, nimble solutions will result in higher recovery over the life of the well and promote a steadier cash flow.

Client quote

“THE USE OF E-LINE/E-COIL DEPLOYED TOOLS DURING ANY FRACTURE OR STIMULATION OF A VERTICAL OR HORIZONTAL WELLBORE WILL BE THE NEXT REVOLUTION IN THE INDUSTRY”

Time is Money/Optimize production

Converting Capex to Opex permits it to be more flexible in application, spending it when and as needed to deliver reliable, optimized production which guarantees your cash flow.

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Positive Cash Flow

Less time to drill and complete reduces time to first hydrocarbons, increasing ROI and overall cash flow. If Capex levels are maintained, more wells can be drilled with the same budget, adding further production for the same spend and likely in less time.

A mission to serve our clients

Our mission is to develop and deliver game-changing solutions which enable our clients to optimize the management and development of their assets

Safer

Reducing the complexity of an operation is the key to increasing safety. This simple approach results in fewer people and equipment required, clearer lines of communication and more tangible roles and responsibilities.

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Transform_Sustainable

Sustainable

We all want a home for our children and grandchildren, but the world also needs hydrocarbons. Therefore it is our mandate in the oil and gas industry to constantly search for ways in which we can do more with less. Our solutions are built with that core attitude in mind. Reduce the scope of the operation while increasing the benefits. That’s what we do.

A vision of transforming the upstream oil and gas industry

Higher recovery in a safer and more sustainable way