Weatherford wins plug and abandonment award
Published by David Bizley,
Senior Editor
Oilfield Technology,
Weatherford was named P&A Pioneer at the DecomWorld Awards 2016, held on February 23 during the DecomWorld Decommissioning and Abandonment Summit in Houston, Texas. The award recognises a technology or solution that demonstrates cutting-edge capabilities for well plugging and abandonment — in this case, the Weatherford Rig-Free® light-duty pulling and jacking unit.
The chief benefit of the innovative Rig-Free light-duty pulling and jacking unit is in its name: It eliminates the need to use jackup and workover rigs for offshore abandonment and intervention campaigns. For well abandonment or intervention operations involving multiple wells, the elimination of a rig can represent tens of millions of dollars in savings.
DecomWorld said in a statement, “Weatherford’s solution has supported the industry in developing a novel rigless methodology, which drives innovation and applies to the late-life operations and abandonment phases.”
Adapted from a press release by David Bizley
Read the article online at: https://www.oilfieldtechnology.com/drilling-and-production/07032016/weatherford-wins-plug-and-abandonment-award/
You might also like
Backfire: Trump’s methane policy vs US producers
The Trump administration this week tried to browbeat European Union leaders, claiming that regulations limiting methane emissions from the production of imported natural gas hurt US companies exporting that gas.