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Tendeka secures US$30 million worth of new wells contracts

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Oilfield Technology,

Tendeka has secured more than US$30 million worth of international contracts within the last quarter which will cover the next three years.

In addition to this unplanned revenue, the company has won long-term work with operators for its swellable packers and sand and inflow control technologies across key energy hubs, including the North Sea, Australasia and the Gulf Cooperation Council (GCC).

Tendeka is also delivering its first significant FloSure autonomous inflow control devices (AICDs) campaign in the US, following a successful trial earlier this year.

Brad Baker, CEO at Tendeka, said: “To secure a number of multi-year, international agreements is always satisfying, but even more so with what the industry has been going through over the last 18 months. It has been an uncertain time for the sector, but due to the hard work of our team and our investment in technology, we have forged even stronger relationships with our global customers to enhance their operations.

“These wins for our sand and inflow control technology cements our position in the market as the industry leader of inflow control technology.”

To support the inflow control of wells, Tendeka has installed more than 50 000 FloSure AICDs around the world. The field adjustable FloSure AICDs preferentially chokes unwanted produced fluids whilst promoting production of oil from the entire length of the well, leading to greater recovery, lower water cuts and less gas production.

Deployed as part of the lower completion using zonal isolation packers to divide the reservoir into compartments, the AICD can be integrated with sand control screens for soft formations.

Tendeka’s SwellRight Swellable Packers provide a permanent packer solution suitable for many applications where a pressure seal or zonal isolation is required. SwellRight packers help reduce well construction costs, extend well life and improve well integrity.

Tendeka is also the developer of the?PulseEight dynamic downhole reservoir management system, which is the world’s first re-deployable wireless completion with control, power, monitoring and communications already on-board.?

Read the latest issue of Oilfield Technology in full for free: Issue 3 2021

Oilfield Technology’s third issue of 2021 starts with a report from Wood Mackenzie focusing on the upstream industry’s fortunes in Asia-Pacific. The rest of the issue is dedicated to features covering offshore engineering, coiled tubing, frac technology, completion technologies, water management, well placement and much more.

Exclusive contributions come from Wild Well Control, Cudd Pressure Control, TMK, NOV, Archer, Tendeka, TETRA Technologies and more.

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