Technologies Poised to Revolutionize the Saudi Land Market and Help Capitalize on Offshore Drilling Opportunities
Oil States, a global provider of offshore systems, downhole perforating and completions technologies, and wellsite rental equipment and services, announced today the availability of a new portfolio of technologies for the Saudi Arabian market including the new Stage Frac Tool for wellhead isolation, the award-winning Active Seat Gate Valve, the new ActiveHub™ digital platform for remote wellsite monitoring and control, and an industry-first MPD-Ready System for Jack-Ups. These innovations help operators increase the efficiency, performance and safety of their wellsite operations while allowing more complex wells to be drilled and more stages to be completed.
The Stage Frac Tool for wellhead isolation, available in a 5 1/8” configuration, enables operators to run wireline tools, perforating guns, plugs and other downhole operations without removing isolation equipment when switching between frac and wireline operations. This addresses a key challenge in the Saudi Arabian market, as companies must currently rig down and remove isolation equipment in between stages which increases non-productive time (NPT) and costs. With the Stage Frac Tool, operators can save three hours per stage of rig up/rig down time of the equipment, which equates to a full 24 hours of time savings over eight stages.
The availability of the Active Seat Gate Valve for Saudi Arabian operations offers important efficiency, safety and cost advantages. The Active Seat Gate Valve includes a patented sealing mechanism that is technologically advanced compared to traditional gate valves in the market due to its ability to exclude debris from the valve cavity while reducing the amount of grease required or lost during valve operations. This reduces valve grease contamination and can cut costly valve repairs by hundreds of thousands of dollars per project while extending valve life. Over a six-month period of standard operation, it’s estimated that less than one pound of grease is lost per valve which not only eliminates typical greasing requirements during operations but also reduces maintenance downtime and prevents unwanted grease downhole that could inhibit oil production.
To further improve stage completion efficiency, Oil States has also launched the new ActiveHub digital platform. This technology provides operators the ability to remotely monitor and control assets on the wellsite for increased productivity and safety while removing personnel from the red zone.
For the offshore drilling market, Oil States will also showcase its MPD-Ready System for Jack-Ups at the conference. This solution can be combined with Oil States’ Merlin™ 15K High-Pressure Riser Systems, meeting oil and gas operators’ growing needs to safely drill high-pressure shallow water wells to unlock previously inaccessible reservoirs – and additional revenue – while supporting global energy demands. It offers built-in automation capabilities with hands-free flowline connection make-up, a controls package and umbilical and topside equipment to increase safety and deployment speed.
“Our new technologies and MPD system position operators and drilling contractors in Saudi Arabia to experience greater performance, safety and efficiency across their offshore drilling and onshore completions operations,” said Brian Mizell, Oil States’ Vice President, Marketing, Business Development & Investor Relations. “These technologies, combined with the trusted technical support of our local partners, can help local companies overcome current challenges with complex wells and increase the speed at which stages can be completed.”
The Stage Frac Tool, Active Seat Gate Valve, ActiveHub and MPD-Ready Jack-Up Riser will be showcased at the 2024 International Petroleum Technology Conference (IPTC) at The Dhahran Expo in Saudi Arabia in Booth 5230. Throughout the conference, Oil States will demonstrate the latest advancements in onshore and offshore oil and gas well completion and drilling solutions.
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