Oil and Gas Technology--Recent Advancements in Plugging and Cutting Technologies for Abandonment and Conformance Control Operations

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The volatility in oil prices over the past two years has pushed operating companies in the upstream segment to rigorously implement cost optimization strategies at every possible phase of crude production. With benchmark crude prices hovering around the $30 mark, key stakeholders are forced to cut costs and delay capital expenditures that will not contribute to revenue growth. Due to this, wells which require additional equipment or tertiary recovery methods to produce above economical limits are being considered for temporary shut-down or decommissioning. However, decommissioning or abandonment is a non-revenue generating activity, which incurs costs of up to $10 million depending on the location of the well (onshore or offshore). Therefore, oilfield services companies that offer these services have come up with innovative procedures, which can deliver significant cost benefits to the operator without compromising on safety.

The Oil and Gas TechVision Opportunity Engine (TOE) provides intelligence on innovations pertaining to technologies, products and processes, along with strategic insights, in the upstream and downstream processes in the oil and gas industry.

The Materials and Coatings cluster tracks research & innovation trends and developments across specialty chemicals, plastics, polymers, chemicals, bio-chemicals, metals, coatings, thinfilms, surface treatments, composites, alloys, oil and gas, fuel additives, fibers and several other related technologies and its impact and application across industries.

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Keywords: Plug and abandonment, well decommissioning, well abandonment, enhanced oil recovery, conformance control

Table of Contents

Oil and Gas Technology--Recent Advancements in Plugging and Cutting Technologies for Abandonment and Conformance Control OperationsRecent Advancements in Plugging and Cutting Technologies for Abandonment and Conformance Control OperationsHydrawash™ System for Plugging and Abandonment (P&A)Laser Plug Abandonment MethodCement Composition with Glass Additives for PluggingSwellable Elastomer Plug for Wellbore PluggingGelled Foam Composition with Enhanced Foam StabilityCutting Tool for Decommissioning OperationsPlasma-based Technology for Casing Section MillingA Dual String Section Milling (DSSM) Technology for Plugging and Abandonment (P&A)Weatherford International Inc., USA- 17-inch full-gauge milling blades enable milling sections of up to 100m in one tripSTRATEGIC INSIGHTSStrategic InsightsStrategic Insights (continued)KEY PATENTSKey PatentsKey Patents (continued)INDUSTRY CONTACTSIndustry Contacts




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