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New Well Intervention and Stimulation Alliance Established by Aker BP, Schlumberger & Stimwell Services

Gasoil News - Published on Fri, 08 Nov 2019

Image Source: akerbp
Aker BP, Schlumberger and Stimwell Services establish Well Intervention and Stimulation Alliance to accelerate and boost oil production. The 5+5 year tripartite agreement was signed by the CEOs of the three alliance partners at a venue at Aker BP’s Headquarter at Fornebu Tuesday 29 October. Through collaboration, innovative technologies and digitization the newly formed Alliance endeavors to completely transform conventional intervention operations with clear targets of propelling hydrocarbon production on new and existing assets on the Norwegian Continental Shelf.

The Alliance focus will span interventions operations, with Schlumberger as partner for wireline logging, perforation and well stimulation through digital slickline, coiled tubing and flowback operations on Aker BP’s fixed installations, and StimWell as partner for vessel-based stimulation services.

Digital technology is fundamentally changing the industry, and the intervention space is no exception. The Well Intervention and Stimulation Alliance collaboration model accelerate access to digitized cloud computing, artificial intelligence, machine learning, proprietary technologies, integration of data with petrotechnical expertise and digital models, to overcome challenges and realize full production potential throughout life-of-field.

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Posted By : Yogender Pancholi on Fri, 08 Nov 2019
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