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.