Lundin awards coiled tubing drilling deal to UK firm
Aberdeen, August 7, 2014
Ludin Petroleum, a Swedish independent oil and gas exploration and production company, has appointed UK firm AnTech to carry out an underbalanced coiled tubing drilling (CTUBD) project to ensure maximum oil recovery from its assets in Europe.
The programme builds on a similar, successful project which was completed in 2007, said a statement.
The CTUBD will allow the wells to be extended without damaging the existing wellbore, it said.
AnTech’s Polaris Bottom Hole Assembly (BHA) has been purpose built for this type of application, allowing new horizontal drainage holes to be used to offer enhanced oil recovery in a safe, environmentally responsible and efficient way.
Toni Miszewski, managing director, AnTech, said: “This is an exciting project for the AnTech team, and Lundin will be able to take advantage of 22 years of providing specialist solutions to the oil and gas sector.
“As operating companies seek to produce more from existing wells, Coiled Tubing Drilling is increasingly seen as a cost-effective way for them to do that.”
The project is based in Lundin Petroleum’s operational Villerperdue oilfield in France, within the Paris basin. The fields will continue to provide opportunities for non-drained wells to be accessed and recovered.
Fabrice Crouzet, drilling manager, Lundin, said: “We have selected AnTech for their technical capability that they can bring to this project with their 5-inch Polaris BHA. This is the first time a BHA of this size will be deployed in Europe so we are looking forward to working with them on this campaign and enhancing our production.” - TradeArabia News Service