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/