GLOBAL well integrity specialist, HydraWell, has been awarded a multi-year “significant” contract by PSE Kinsale Energy to support a major decommissioning project.
HydraWell, which has offices in Dyce, will implement its patented Perforate, Wash & Cement (PWC®) system, designed for specialist wellbore applications, on approximately 15 wells across PSE Kinsale Energy’s Celtic Sea assets as part of the two-year campaign. The value of which has not been disclosed.
PSE Kinsale Energy, a subsidiary of Petronas, initially deployed HydraWell’s PWC® technology on a well in December 2020 and, due to the achieved success, PSE Kinsale Energy will continue to work with HydraWell on up to 75% of the remaining P&A activities.
Calum Smith, HydraWell UK operations manager, said: “We are delighted to have been awarded this contract by PSE Kinsale Energy and to be working with AGR Well Management as the lead contractor, which will allow us to continue supporting their substantial P&A requirements in the completion of this major decommissioning project.
“Sharing the same commitment for well sustainability has created a mutually beneficial relationship between our three companies as we strive to keep corporate environmental responsibility at the core of our approach.”
HydraWell claims its PWC® technology has the potential to slash the operational sequence by up to six days when compared to the conventional section milling alternative. The increased efficiency benefits help to reduce environmental impact as well as the potential to reduce operating costs by up to millions of pounds.
Mark Sørheim, HydraWell chief executive officer: “We pride ourselves on being true innovators – our forward-thinking team continually develop our range of systems in response to bespoke customer requirements to support industry challenges.
“By harnessing PWC® technology, we are working to lower the risk of long-term environmental damage to continue our commitment to transform well operations around the world.
“We are experiencing an upward trend in companies seeking safe, efficient, reliable and cost-effective P&A and we are delighted to be at the forefront of delivering this technology.”