• AccessESP will provide Thru-Tubing Wireline Retrievable ESP equipment and services in Brunei.
• This deal marks the first AccessESP long-term contract in Asia.
Houston – May 27, 2018 – AccessESP today announced the signing of a Thru-Tubing Wireline Retrievable ESP multiyear contract with Brunei Shell Petroleum Company Sdn Bhd to implement AccessESP technology to further improve well production economics. AccessESP will implement their well proven technology and solution to support BSP’s increased well uptime and productivity, while reducing well intervention costs.
AccessESP, a Houston-based provider of a unique and differentiating Thru-Tubing Wireline Retrievable ESP (Electric Submersible Pump) solution to the global industry, developed a proprietary technology that provides an efficient and cost-effective solution for ESP thru-tubing installation and retrieval by means of standard slickline, wireline or coiled tubing on a live well. AccessESP has long-running installations in well deviations up to horizontal, leveraging the well proven ESP deployment technology in sections that have been in use by the industry since 1997.
“It is an honor to be awarded this contract by BSP. This provides us with another example of the value AccessESP technology brings to our customers”, said David Malone, AccessESP President and CEO. “We look forward to expanding and continuing to offer our Quality, Performance and Services to BSP and others around the world”.
AccessESP is the leading provider of rigless ESP deployment technology for the oil industry. With installations around the world, its unique system addresses the high intervention costs and deferred production typical of offshore, remote onshore, and high-production ESP wells. The technology is compatible with ESP components from all major suppliers. The company is also the recognized leader in permanent magnet motors, an efficient alternative to conventional ESP induction motors.