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  • Advanced mechanical services enable E-line interventions to bridge production gaps in subsea wells


    Bevan Morrison

    Global production is declining, while worldwide energy consumption is increasing. The average recovery factors on subsea wells globally is approximately 22%, meaning subsea wells produce 10% to 30% less than equivalent dry tree wells, on a global basis. These are not new or surprising facts, but together they do point to a very clear need to better utilize and enhance the production of current oil fields across the globe. Targeting that 70-80% of oil left in the ground, Welltec has developed a suite of electric line intervention tools to allow operators to further enhance production of existing assets.

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