9.7 C
Alba Iulia
Sunday, September 20, 2020

Aberdeen-based FWM expands its well operatorship portfolio

Subscribe to our newsletter

We will never spam , sell or share your details

WELL engineering and project management specialist Fraser Well Management (FWM), has been contracted by NEO Energy to operate the Victoria well, an inactive gas condensate well located in the North Sea off the Lincolnshire coast.

FWM, based in Aberdeen’s Albert Street, launched a new turnkey well operatorship division earlier this year, providing end-to-end well operator support for the entire lifecycle of oil and gas wells.

The contract to manage the Victoria well, comes after it successfully took over operatorship of five production wells and one suspended well on NEO Energy’s Babbage platform in May 2020.

The Victoria well was drilled in 2006 and tied back to the Viking B Complex via a 4km pipeline. Production ceased in 2016 and Victoria has since been shut in, disconnected and isolated from the Viking export route, awaiting permanent abandonment.

Nick Ford, FWM managing director, said: “Our new well operatorship division is seeing growing demand from licence holders and operators who now have the option to outsource the management of suspended wells until they are permanently abandoned.

“For our clients, our involvement takes away the burden of managing the wells and transfers the regulatory responsibility, enabling them to focus on their core exploration and production businesses.”

Roy Milne, FWM asset and integrity manager, who heads the operated well portfolio, said: “Our emergency response teams and incident management facilities are on standby 24/7 and we also carry out the required well status checks, well maintenance and integrity management.

“This means clients such as NEO Energy can concentrate their in-house resources on managing their productive wells, and drilling for new ones.”

As part of the move, the Victoria well has been fully integrated into FWM’s well integrity management system, including the transfer of data and compliance verification to the UK regulatory requirements.

Lynne MacPherson, NEO Energy asset manager, said: “FWM have specialist expertise in managing wells that are at the end of their lifecycle. The support of service providers to manage our late-life well stock enables us to focus our internal resources on the core areas of our business.”



clear sky
12.3 ° C
15 °
10.6 °
81 %
2 %
15 °
16 °
16 °
11 °
11 °

Follow Us

Our Other Titles

Nearly 80,000 workers used flexible furlough in...

NEARLY 80,000 workers in Scotland returned to their jobs part-time in the first month flexible furlough was introduced, statistics published today by HM Revenue...

Aberdeen energy consultancy advises Dutch government on...

ABERDEEN-headquartered global energy consultancy Xodus Group has delivered a review into tariffs for a landmark Carbon Capture Utilisation and Storage (CCUS) project in the...

Business spotlight Q&A

Jai Aenugu, managing director, TechForce What does your company do? We are on a mission to protect and empower businesses in the UK against external cyber...

Ocean Installer appoints new UK boss

OCEAN Installer has appointed a new managing director. Bob Gillespie will lead the subsea services firm’s Aberdeen office and be responsible for growing its market...

More Articles Like This