HydraWell wins contract from Kinsale Energy for Irish decommissioning project

TAGS

HydraWell has bagged a multi-year contract from Petronas subsidiary – Kinsale Energy for supporting a decommissioning project in Ireland.

The Norwegian well plugging service provider said that the contract furthers places it as pioneers in sustainable well integrity solutions and boosts its commitment to lowering carbon footprint.

HydraWell will employ its Perforate, Wash and Cement (PWC) system, which has been designed for specialist wellbore applications, on nearly 15 wells across the Celtic Sea assets of Kinsale Energy, as part of the two-year program.

Mark Sørheim – HydraWell CEO said: “We pride ourselves on being true innovators – our forward-thinking team continually develop our range of systems in response to bespoke customer requirements to support industry challenges.

“By harnessing PWC technology, we are working to lower the risk of long-term environmental damage to continue our commitment to transform well operations around the world.

“We are experiencing an upward trend in companies seeking safe, efficient, reliable and cost-effective P&A and we are delighted to be at the forefront of delivering this technology.”

HydraWell wins contract from Kinsale Energy for Irish decommissioning project

HydraWell wins contract from Kinsale Energy for Irish decommissioning project. Photo courtesy of C Morrison from Pixabay.

The well plugging service provider claimed that its PWC system offers a revolutionary solution for replacing conventional plug and abandonment (P&A) and downhole tooling techniques.

Kinsale Energy operates Ireland’s first gas fields off the Country Cork coast. The fields were in production from 1978 to 2020.

Initially, Kinsale Energy deployed the PWC technology on a well in December 2020 because of its success, opted to continue to work with HydraWell on up to 75% of the remaining plug and abandonment activities.

Calum Smith – HydraWell UK Operations Manager said: “We are delighted to have been awarded this contract by PSE Kinsale Energy and to be working with AGR Well Management as the lead contractor, which will allow us to continue supporting their substantial P&A requirements in the completion of this major decommissioning project.

“Sharing the same commitment for well sustainability has created a mutually beneficial relationship between our three companies as we strive to keep corporate environmental responsibility at the core of our approach.

“PWC technology has the potential to slash the operational sequence by up to six days when compared to the conventional section milling alternative. The increased efficiency benefits help to reduce environmental impact as well as the potential to reduce operating costs by up to millions of pounds.”


Discover more from Business-News-Today.com

Subscribe to get the latest posts sent to your email.

CATEGORIES
TAGS
Share This