An innovative technology that produces a tenfold increase in the output of oil and gas wells will be showcased at a gathering of some of the region’s top energy professionals this week.
The Society of Petroleum Engineers (SPE) Aberdeen Section will hear how multilateral stimulation technology (MST) could be utilised to further exploit hydrocarbon reserves in the North Sea. The technical presentation, which will outline how the technology has been used elsewhere, will be delivered by Eirik Renli, CEO at Fishbones AS.
Shankar Bhukya, SPE Aberdeen Chairman, said: “The difficulties the North Sea is currently facing has only emphasised the importance of developing new and innovative technologies that maximise production through the full recovery of remaining hydrocarbon reserves. This presentation from Fishbones AS will explain how its new technology can achieve this, while crucially reducing costs.”
MST is an open hole liner completion that connects the well and the reservoir without the drawbacks of hydraulic fracturing. The new stimulation technology, developed in cooperation with major operators, has proven to be successful in both tight carbonate and tight sandstone reservoirs. The presentation will cover the basics of the technology, the development projects and global case histories.
Prior to joining Fishbones AS in 2012, Mr Renli held a number of positions with Baker Hughes including vice president operations for Sub Sahara Geomarket, vice president operations in Europe, Africa, Russia and the Caspian area. He also held the position of country manager for Norway, Iceland and Angola.
The presentation will take place on Wednesday 28 October at the Aberdeen Douglas Hotel from 6.30 – 8.30pm.
Edited from press release by Angharad Lock
Read the article online at: https://www.hydrocarbonengineering.com/refining/29102015/fishbones-as-to-showcase-new-technology-417/