ABERDEEN-based Fraser Well Management has launched a new turnkey well operatorship division.
It comes on the back of the company announcing contract wins across multiple wells this year and successful delivery of a number of projects in 2019.
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The new product line aims to provide end-to-end turnkey well operator support for the entire lifecycle of oil and gas wells.
Nick Ford, FWM managing director, said: “The new service provides another option for oil and gas companies looking to achieve cost efficiencies in their well operations while allowing them to focus on their core business activities.
“With the addition of the well operator division we now offer end-to-end turnkey support to the industry across all phases of the well lifecycle from exploration drilling through to production well operatorship and well decommissioning.”
In December last year FWM was appointed to manage NEO Energy’s Babbage platform in block 48/2a of the UK Southern North Sea, which includes five gas production wells and one suspended well.
The project kick-off and official handover took place this summer, with the scope of work covering the management of well integrity during the production phase, including any well intervention operations.
Donald MacArthur, FWM’s well engineering manager, who heads the Aberdeen office, said: “During the complex transition phase we ensured the successful transfer of operatorship, including data integration into the well integrity management system and compliance verification to the UK regulatory requirements.”