(WO) — Effectively-integrity specialist firm HydraWell has unveiled its new expertise, HydraCT, a sophisticated perforation, wash and cement (PWC) system particularly designed for coil tubing purposes with the potential to chop CO2 emissions by 80% and cut back prices by as much as 60%.
The deployment of this new expertise indicators a significant {industry} shift for the way forward for plug and abandonment (P&A) actions.
“Working with out rigs is the following chapter for plug and abandonment actions and we are going to stay on the forefront of guiding how the sector can transfer away from the necessity for a rig to drag pipe in the direction of rigless, coiled tubing utilizing HydraCT,” Mark Sørheim, HydraWell CEO, mentioned.
The Norway-based firm has introduced the primary profitable marketing campaign utilizing HydraCT, the most recent growth in its patented perforation, wash and cement (PWC) expertise.
The profitable debut of HydraCT in Alaska final month was the primary venture of its form to make use of coil tubing, eliminating the necessity to mobilize a rig to the positioning. By operating coil tubing because the deployment methodology, the rigless HydraCT marketing campaign spanned lower than 24 hours, signaling an enormous step-change for the way forward for P&A actions.
Constructing on its PWC observe document, HydraWell utilized years of expertise and deep {industry} data to switch current drill pipe system experience into the event of its distinctive coiled tubing system. Coil tubing is especially helpful in distant areas the place rig availability is restricted or on unmanned or smaller platforms with load capability restrictions.
“Our analysis has proven there may be {industry} demand for extra sustainable and cost-effective options in plug and abandonment operations, and we are going to proceed to answer this demand by creating superior options that are fastidiously aligned with the wants of shoppers and the market,” Sørheim mentioned.
HydraWell is at the moment the one firm globally providing this expertise.
