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Two-Pronged Service Approach Optimizes Processes

Yosafat Esquitin - Welltec Mexico
Business Development Manager

STORY INLINE POST

Sun, 07/09/2017 - 13:20

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Q: How do Welltec’s solutions enable its clients to optimize their oil and gas processes and create cost-efficiencies?

A: Welltec provides two solution segments: mechanical services and well intervention for completion services. For mechanical services we provide state-of-the-art robotic solutions deployed through wireline. These tools provide cost-effective solutions when it comes to well interventions, from deployment on high deviated or horizontal wells, to milling, cleaning, cutting or manipulating through mechanical solutions. One of the preferred services in Mexico is our cleaning solutions that enable us to work without shutting down production due to scale accumulation of any external agent on the production casing. Our mechanical services also provide for the reactivation of shuttered wells where there is still production potential. We have been awarded a Reconocimiento de la tecnología como major practica for the well tractor, well cleaner and well miller by PEMEX for three consecutive years due to the performance and results of our services, which have broad and powerful applications for horizontal wells and unconventional pinpoint stimulations. 

Welltec has also developed a set of smart solutions for completion tools that provide a suitable combination of expandable annular barriers, flow valves and datamonitoring gauges to deliver and manage production performance from the different flow, pressure and temperature conditions of each well. This technology is better known as Flex-Well. It helps our customers to extend the life of the well and reduce the number and costs of well interventions and workover activities. As a result, we can help our customers achieve 30 percent more production in each well. More than just a cheaper solution, Welltec’s technologies can help reduce up to 70 percent of the total well-intervention costs, simply by eliminating workover rigs or coiled tubing operations, as well as logistics costs and the usage of cleaning chemicals, which in some applications are less effective than a mechanical solution.

Q: Is there a difference when working with PEMEX and with private companies? 

A: We have not found any difference working with private companies or with PEMEX. Our services provide specific solutions for exploration wells depending on the issues these wells present. Usually, exploration wells are for study and evaluation purposes only. Once they are drilled and tested, most operators tend to close them and move to the next drilling location. When situations arise regarding a lack of cementing adherence and unwanted fluids leaking into the well, our customers rely on our mechanical services due to our fast response and reduced cost. 

Nevertheless, Welltec relies on having a running contract with operators. Some of the main issues we have found are that most operators do not have plans to invest in mature fields until mid-2018 and contracts with IOCs lack the consistent workload needed to make our services competitive.

Q: How does Welltec balance development of fastresponse tailored solutions and cost-efficiency? 

A: A big part of Welltec’s success is the development of new technologies based on the results of the close engagement that our technical staff has with our customers. Almost all our products have been enhanced due to customer requirements; every tool has its own characteristics, capabilities and applications. We also reduce risk, exposure and footprint with every service we perform. Our operations crew only requires two people and neither heavy equipment nor contaminating materials to perform almost every service we provide. Not only do we move faster than our competition but we do it with a complete set of tools and a knowledge base that allow our customers to reduce a considerable quantity of downtime, particularly in the production stage. This perfect combination of technical expertise, faster operations and versatile response is what makes Welltec stand out from its competitors.
 

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