GE Oil & Gas and Enpro Subsea have announced an agreement to jointly market and provide fluid intervention services that offer oil and gas operators a cost-effective way to improve production rates in producing wells.
The companies have signed a Memorandum of Understanding to jointly market, sell and operate technology and services related to fluid intervention. The non-exclusive partnership is already in operation in key strategic regions, including West Africa.
The volume of hydrocarbons extracted from offshore fields with subsea wells is typically far lower than offshore fields with platform wells. One reason for this is the prohibitive cost of performing interventions on subsea wells. During well interventions, wells are ‘cleaned’ on the inside, which helps alleviate well production issues caused by scale and other conditions which develop over time.
The liquid Intervention offering that the GE Oil & Gas and Enpro Subsea partnership brings to market is a cost-effective way to deliver services such as scale removal, which can have a significant positive impact on well production rate.
“The initial responses from customers are very encouraging; they value the combination of Enpro Subsea’s best-in-class liquid intervention technology with GE’s subsea equipment expertise and global footprint and capabilities,” said Nick Dunn, Global Leader, Subsea Services at GE Oil & Gas.