Schlumberger Unveils New Intelligent Completions System

- Schlumberger Unveils New Intelligent Completions System

Tuesday, August 16, 2011
Schlumberger Ltd.

Schlumberger announced the release of the IntelliZone Compact modular multizonal management system. The IntelliZone Compact system is the first in the industry to integrate modular components in one compact unit, which enables operators to optimize well production and reduce time to deployment.

"The streamlined process of design through assembly reduces time to deployment from the typical eight to 10 months required for conventional intelligent completions to only eight to 10 weeks," said Mike Garding, president, Schlumberger Completions. "The compact length and integrated assembly of the IntelliZone Compact system makes it easier, faster and safer to deploy. This fully integrated intelligent completions system will encourage more operators to deploy intelligent completions technology."

The IntelliZone Compact system enables multizonal production management and selective control of multiple zones. The system can be installed in up to 15 zones, using only five hydraulic control lines. A software-controlled automatic power unit allows multiple zones to be controlled simultaneously and in real time, greatly increasing selective well control capabilities.

The system components are engineered, preassembled and pre-tested to work together as a single unit, a radical shift from the individual component approach of the past. The units are delivered to the well site ready to install, right out of the box, which decreases installation rig time.

Installation complexity and cost are reduced through the hydraulic multidrop module that allows for flow control valves to be deployed on fewer hydraulic control lines than with traditional systems. The IntelliZone Compact dual-gauge station provides annulus and tubing pressure and temperature measurements as well as the absolute position of the flow control valve choke.

The system is available for a wide variety of applications:

• brownfield wells with bypassed marginal reserves requiring zonal management,
• wells with water cut issues, compartmentalizing long horizontal wells,
• cost effective extended well testing,
• commingled-flow completions to accelerate well productivity and allow back allocation and zonal control in artificially lifted wells.

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Halliburton Unveils Latest Advancement in Horizontal Completions

- Halliburton Unveils Latest Advancement in Horizontal Completions

Monday, August 15, 2011
Halliburton Co.

Halliburton has deployed the most recent addition to its horizontal completion portfolio. The new RapidFrac™ completion system allows operators to set new standards for fracture completion efficiency and post-fracture production.

This innovative horizontal sliding sleeve completion system is a differentiating technology that allows for enhanced reservoir contact. In a changing landscape where operators are drilling longer laterals that require increasingly complex completions, the RapidFrac system delivers several unique differences from the "plug and perforate" system and other similar techniques.

The RapidFrac system uses a metering process that enables a single ball to open multiple sleeves isolated within an interval by swellable packers. Each RapidFrac sleeve can be tailored to specific fracture requirements along a horizontal wellbore so as to enhance post-frack production. Up to 90 sleeves can be incorporated into any one horizontal completion, ensuring maximized stimulated reservoir volume. By facilitating continuous pumping, the RapidFrac system reduces stimulation cycle time from days to hours and reduces the volume of water consumed.

"The RapidFrac system allows operators to optimize completion design, reduce operational risk, and materially reduce the time to first hydrocarbons," said Marc Edwards, senior vice president, Halliburton Completion and Production Division. "This technology also enables Halliburton to increase the utilization of its unconventional asset fleet."

Although initial system deployments have occurred in the Bakken Shale with Brigham Exploration and Williams Production Company, this technology has application for shale developments on a global basis.

"Brigham's success in the Bakken has been driven by its early adoption of game-changing technologies," said Lance Langford, executive vice president, Brigham Exploration. "We believe our industry is in the very early stage of developing tools and techniques to optimally exploit the Bakken and working with Halliburton to successfully launch its RapidFrac system is an example of what can be done in this world class resource."

In order to prove this technology with Halliburton, Williams drilled two comparable offset wells. The first was completed with the traditional "plug and perforate" method and the second utilized the RapidFrac system.

"The new RapidFrac completion system delivered significant performance benefits," said William Stenzel, vice president, Williams Williston. "(The) RapidFrac (system) enabled us to complete the well in less than half the time of a "plug and perforate" system, while delivering a stronger early time production performance. This is a major step forward in completion efficiency."

Halliburton continues to develop technical innovations designed to address the efficiency and effectiveness of unconventional hydrocarbon development, while meeting the highest environmental and safety standards.

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Forum Expands Completions Products Position

Forum Expands Completions Products Position

Friday, May 06, 2011
Forum Energy Technologies, Inc.

Forum Energy Technologies, Inc. (FET) announced Thursday the acquisition of Phoinix Global LLC, a leading provider of high pressure flow control equipment and products utilized in hydraulic fracturing and flow back of oil and gas wells.

The company provides a complete product line including fluid ends, plug valves, relief valves, chokes, manifolds, manifold trailers and iron transport trucks from its facility in Alice, Texas. Phoinix's products and services strengthen Forum's Production and Infrastructure division, which provides completion products, engineered process and production systems, measurement and monitoring systems, construction and field services, and a full range of valve and other flow control products. Terms of the transaction were not disclosed.

Cris Gaut, FET's chairman and chief executive officer, explained the importance of the acquisition. "Phoinix Global significantly expands our completion products offering and complements our existing Wood Flowline product offering. Phoinix Global has an excellent reputation in the marketplace for customer service, engineering capability and reliability. We are very pleased to partner with the founders of Phoinix, Wade Pinkston, Scott Reeves, Kirk Baxter, and John Farias. Our goal is to help expand Phoinix' business to serve clients across the North American shale plays."

Wade Pinkston, President of Phoinix Global, commented on becoming a part of Forum. "FET is building a great company, and we are pleased to become part of an energetic, growing organization."
Forum Energy Technologies Inc., headquartered in Houston TX., is a global provider of manufactured equipment and applied products to the energy industry. FET's over 2,200 employees provide the products and technologies essential to solving the increasingly complex challenges of the oil and gas industry.

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