Page 42 - Danish Offshore Industry 2016

focus on achieving higher recovery rates and we offer es, Jørgen says. Deeply rooted in innovation and with a cost effective well solutions, where wells can be stimulat- strong ownership, Welltec dares to take new approaches. ed much more effectively in order to increase their pro- The company’s continuous development indicates that ductivity. It is all about increasing the ultimate recovery more and more operators are becoming convinced of and to use our resources in the best possible way. That Welltec’s technology solutions and approach. ■ goal is high on the agenda for national oil companies, who are in control of almost 90% of the global reserves, Jørgen explains. He characterizes Welltec as an oil service company focusing on making the work processes more cost effcient while at the same time giving high priority to safety when considering environment protection and work sites. FACTS: SHORTER TIME TO FIRST OIL / THE VISION OF WELLTEC IS TO TRANSFORM THE Another key area where Welltec wants to make a differ- UPSTREAM OIL AND GAS INDUSTRY IN SUCH A WAY ence is the time it takes from the drilling of the frst well THAT IT BECOMES SAFER AND MORE SUSTAINABLE in a feld to the production of the frst oil. Not only is it WHILE AT THE SAME TIME ACHIEVING A HIGHER RATE possible to reduce total cost, increase the recovery factor OF RECOVERY. from the well and feld but it’s also possible to accelerate the return of a positive cash fow from the investment. / THIS IS ACCOMPLISHED IN TWO WAYS: A COMPLE- “We have developed solutions that enable extremely fast TION PHILOSOPHY FOCUSED ON MINIMIZING RESER- production which will improve the economics of each VOIR UNCERTAINTY AND MAXIMIZING PRODUCTION well signifcantly. It typically takes years from exploration FROM NEW WELLS, AND A WELL INTERVENTION until frst oil, and during that period there is no income. PORTEFOLIO DEDICATED TO RELIABLE, YET NOVEL In my eyes, if there is oil there should be a well produc- APPROACHES TO OVERCOMING WELL CHALLENGES IN ing it. The application of a holistic, completion technol- EXISTING WELLS. ogy architecture approach together with our robotic intervention solutions opens up a whole new perspective / WELLTEC HAS A BROAD PORTEFOLIO OF WELL IN- to feld development. Even marginal felds in very deep TERVENTION TOOLS. water may become proftable to develop at low oil pric- Avoid Breakdowns www.oceanteam.eu l 12.2014 Is system reliability important to you? 80% of all failures in fluid transfer systems are caused by contaminations. Ocean Team is specialized in all kinds of decontamination of technical and fuid transfer systems - including turbines, compressors, cooling water systems, lube oil systems, process systems, and hydraulic systems. • Oil Care - fushing, fltration, removal of water from oil, contamination monitoring program. • Chemical Cleaning - De-scaling, De-greasing, removal of organic and inorganic deposits. • Cleaning with Supercritical CO - Patented method to clean systems 2 consisting of pipes with small inner diameters (below a quarter inch) and huge lengths (more than 6,500 metres). • Mechanical Cleaning - high pressure hydro jetting, air blowing/ purging, ultrasonic cleaning, hydrostatic pressure testing. • Customised Purifcation Equipment - design, development, and construction of equipment, which ft directly to your systems. Vesterhavsgade 56 · DK-6700 Esbjerg · Tlf.: +45 7518 0077 - 24 timers service · ots@oceanteam.eu · www.oceanteam.eu OceanTeam2015.indd 1 01-12-2014 14:43:21 40 / MORE OIL FROM THE SAME WELLS