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WellDynamics Installs First SmartWell Intelligent Completion in Agbami Field, Offshore Nigeria


Posted on February 21, 2008 – 10:01 am | by oilandgaspress.com

Deployment Is Important Component of Chevron’s Growth Strategy in West Africa

HOUSTON & LAGOS, Nigeria–(BUSINESS WIRE)–WellDynamics, the leading provider of intelligent completion technology to the upstream oil industry, announced today that Star Deep Water Petroleum Limited (Star Deep Water), an affiliate of Chevron Corporation, has successfully deployed WellDynamics’ SmartWell® intelligent well completion technology in Nigeria’s Agbami field. The two-zone completion, a first for Star Deep Water in Nigeria and offshore West Africa, will balance production between zones and control water encroachment into the wellbore.

The installation of the field’s first SmartWell® completion signals a successful planning phase that includes managing and integrating technologies from multiple vendors. The field development plan consists of 20 oil producers, 12 water injectors and six gas injector wells with flow control, permanent monitoring, or both. The single-wellbore completions are expected to produce from, or inject into, two distinct sand units.

The completion consists of WellDynamics’ Direct Hydraulics with the Accu-Pulse™ downhole control system, multi-position HVC interval control valve (ICV) with customized flow trim, HF-1 packers and downhole gauges, as well as a multi-phase downhole flowmeter and an automated surface control system.

“WellDynamics is committed to providing reliable, fit-for-purpose technology that helps our customers meet their financial, technological and operational goals,” said Derek Mathieson, president and CEO, WellDynamics. “We are confident that the successful deployment of SmartWell® technology for Star Deep Water in the Agbami field will deliver on those goals.”

WellDynamics’ SmartWell® intelligent completion technology includes solutions for flow control, zonal isolation, permanent monitoring, and downhole control, as well as digital infrastructure and fiber optic systems.

Star Deep Water Petroleum Limited, an affiliate of Chevron Corporation, is the operator of the Agbami Unit. Other partners are Texaco Nigeria Outer Shelf Inc. (a Chevron affiliate), Petroleo Brasileiro Nigeria Limited, Statoil Nigeria Limited, Famfa Oil Limited and Nigerian National Petroleum Corporation.

For Editors

WellDynamics, a joint venture company of Halliburton Energy Services and Shell Technology Ventures Fund 1 B.V. (managed by Kenda Capital B.V.), is the world’s leading provider of intelligent completion technology to the upstream oil industry. WellDynamics’ SmartWell® technology, introduced in 1997, was the industry’s first intelligent well completion system. Today, the company offers a broad complement of products and services that range from reservoir engineering studies to advanced completion design, zonal isolation and flow control, reservoir monitoring, fiber optic and surface digital infrastructure solutions. WellDynamics operates offices around the globe.

Visit the WellDynamics website at www.welldynamics.com.

Contacts
WellDynamics
Robin Swanger, 281-297-1276

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