In 2003 a major E&P Operators brought us their concern about unfavorable economic impact from ESP’s well interventions for their remote land and offshore wells. Their concern was clear, costly well interventions for ESP changeouts, long wells downtime from delayed and lengthy interventions with important production deferrals.
We set out to change that.
We worked with them to understand their needs and to create a new generation of a true thru-tubing slickline / wireline retrievable ESP (WRESP) system. Additionally, AccessESP new system is such that the ESP changeout operation is performed safely on a live well complying with well integrity and barriers policy, the system does also provides full bore access to the lower completion when the ESP is retrieved thru-tubing, and is fully compatible with already existing surface and downhole equipment from ESP suppliers.
Our work has paid off — we save each client more than $2 million on average per well per ESP changeout operation; additionally they obtained important gains on well uptime – hence more oil production at a lower lifting cost.