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
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.
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