Tracerco has announced it has confirmed a supply and marketing agreement with Canadian headquartered oilfield services company, Kobold Completions Inc. to provide a technology that will continuously monitor oil reservoirs and maximise oil production.
The agreement will see the integration of Kobold’s advanced well completion and intervention technologies with Tracerco’s oil, water, and gas zonal flow insight to provide asset owners with data intelligence capable of detecting flow restrictions and – in the case of well interventions – ensuring water shut offs have been successfully accomplished from targeted zones.
Alongside this, the deployment of Tracerco’s chemical tracer technology and measurement capabilities - combined with Kobold’s advanced completions systems - will provide intelligence on oil, gas and water stage flow into and between wells. This combination will allow owner operators to optimise future well development particularly when linked with geology, drilling and the design of completions.
Speaking about the agreement, Paul Hewitt, Reservoir Business Unit Director at Tracerco, said: “Our collaboration with Kobold is very exciting. The integration of both our technologies through flow insight and completion diagnostics will provide companies with a true understanding of reservoir fluid flow pathways. It will significantly help oil companies to continuously monitor their reservoirs and will spotlight actionable improvements that will maximise oil production.”
As part of the agreement, oil and gas asset operators will be offered a range of technologies including:
Oil, water, and gas chemical frac tracer technology, interwell water, gas, carbon dioxide and steam flood tracing, remaining oil saturation measurement, wellbore oil and water Inflow tracer applications, perforation marking and drilling mud core invasion studies.
Read the article online at: https://www.oilfieldtechnology.com/drilling-and-production/02082023/tracerco-to-supply-kobold-with-oil-reservoir-monitoring-equipment/