Eni Completes First ZEiTECS RIGLESS ESP Deployment Offshore Africa
April 27 2012 - 12:14PM
Marketwired
Eni (NYSE: E) and ZEiTECS announced today that together they
installed the world's first offshore rigless/wireline retrievable
ESP system for Eni Congo. The installation occurred earlier this
month when the ZEiTECS Shuttle was successfully deployed with a
Baker Hughes ESP system. This adds to the other firsts for ZEiTECS:
RIGLESS ESP installations in Middle East (Oman, 2009) and Asia
(Brunei, 2009).
Salvatore Pilone of Eni stated, "We are very excited about the
potential economic benefit of applying this new technology in our
fields. This technology is particularly suited for wells where
accessibility, rig cost and safety are major concerns."
"Eni looks forward to a drastic reduction in the operating cost
normally associated with frequent rig interventions to replace
failed ESP systems. A rigless, fully retrievable ESP system will be
the most important innovative artificial lift technology for the
company," continued Pilon.
"This milestone continues to demonstrate ZEiTECS' position as
the industry leader of rigless retrievable ESP systems and
demonstrates the application for other offshore markets," said Greg
Schneider, President and Chief Executive Officer of ZEiTECS. "With
this technology, our customers can look forward to simpler and less
costly ESP replacements, less production deferment and the
elimination of the HS&E exposure associated with heavy
workovers. Also, our customers can now think about preventative
maintenance of their ESP systems, which was not an option with
tubing deployed ESPs."
ZEiTECS also announced the commercial release of their Shuttle
systems for 5-inch and 4 1/2-inch tubing sizes designed to address
the complete range of customer requirements worldwide. Meanwhile
ZEiTECS' game-changing DC-coaxial power-cable deployed ESP system
(Nautilus), the next step in the evolution of ESP deployment
methods, undergoes field testing in a customer well in West Texas.
Both new products are consistent with ZEiTECS' strategy to
facilitate deployment of standard, readily available ESP system
components (pumps, seals and motors) from any ESP manufacturer.
The ZEiTECS Shuttle technology permits the rigless retrieval and
redeployment of conventional electric submersible pump systems
through production tubing by means of standard oil field wireline,
rod or coil tubing technology. The use of this technology increases
hydrocarbon recovery, optimizes production and lowers operating
cost throughout field life.
ZEiTECS was established to help operators
maximize the value of their artificial lift systems. For more
information visit us at http://www.zeitecs.com
Media Contact: Maria Cortez maria.cortez@zeitecs.com
281.833.8435
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