Ricardo Absalon
CEO
Riansa
/
View from the Top

Looking for Cutting Edge Technologies

Tue, 01/21/2020 - 13:44

Q: How has Riansa’s work with PEMEX helped it evolve over the years?

A: We have always evolved with the changes and developments at PEMEX. There are now new players in the assigned oil fields and we provide our services to them as well. We have successfully worked in many of these fields alongside PEMEX, such as the long-running Ogarrio oil field. We have worked for the past 15 years with N-SPEC Pipeline Services, one of the biggest chemical products companies in the world. We distribute its brands in Mexico. We always look for cutting-edge technologies and adapt our services to the standards of the company we work with. Riansa works with drilling platforms in the offshore segment and with stimulations and the designs of wells onshore.

Q: How do you help maintain production at maturing oil fields?

A: We help boost a well’s returns by approximately 50 percent. A clear example is our first well, which was located in PEMEX’s southern region and was a closed well. We restored it to its original production for 300 days without the need of an intervention. This means that companies such as PEMEX can maintain their productivity for much longer than any competitor could offer.

Q: PEMEX has a portfolio with many mature wells. What opportunities do you see there?

A: There is a big area of opportunity in heavy crude oil. To work with PEMEX, new technologies need to undergo an exhaustive process of trials. The average cycle is about two years, during which we take a chance on implementing new technologies. Currently, we are in the process of concluding two trials and are about to introduce two interesting products that focus on improving the production of heavy crude oil fields. This is the future for us and for the sector.

 

Riansa works with drilling platforms in the offshore segment and with stimulations and the designs of wells onshore.