Welltec® Restores 100 MMSCFD Production While Reducing Costs

PERTH, Australia, January 23, 2015 /PRNewswire/ --

Welltec®, the world leader in cost effective, well optimization, is pleased to share this recent success demonstrating an alternative to rig based workovers. 

Offshore Timor Sea, an inflatable packer had released and migrated up the wellbore, passing through a flapper valve where it then got stuck. To complicate things, a hold-open sleeve dislodged during the migration and landed on top of the valve. 

Utilizing a fleet of patented technology including Well Tractor®, Well Miller® and Well Stroker®, the well was cleared of the inflatable elements and other debris. The series of operations took place in half of the anticipated time and without the need for a workover rig; significantly reducing costs versus budget.   

"This was a job well planned and executed. What a great performance by Welltec, which resulted in the well being brought back on-line at 100 MMSCFD flow rate after two years of inactivity. 17 runs were conducted with zero misruns and no HSE or quality incidents, which is an outstanding achievement," states the Completions and Well Intervention Coordinator, ConocoPhillips. 

At Welltec® we are actively engaging with our clients to mitigate industry challenges and increase cash flow through production optimization, risk reduction, increased sustainability, improved safety and reduced costs. For more details regarding this or other examples of substantial value delivered with significant cost savings, please visit http://www.welltec.com/cs3

Welltec® is the pioneer and the world's largest provider of downhole robotic solutions. Our game-changing technology leads the way in milling, clean-out and mechanical solutions for safe and cost effective well optimization to ensure maximum recovery while lowering lifting costs. 

Brian K Sidle, VP Marketing, +4552138346l, bsidle@welltec.com