Fishbones AS is set to showcase an innovative new technology that they claim produces a tenfold increase in oil and gas well output at a Society of Petroleum Engineers (SPE) Aberdeen event on Wednesday.
The Society of Petroleum Engineers (SPE) Aberdeen Section will hear how multilateral stimulation technology (MST) could be utilised to further exploit hydrocarbon reserves in the North Sea.
Shankar Bhukya, Chairman, SPE Aberdeen, said: “The difficulties the North Sea is currently facing has only emphasised the importance of developing new and innovative technologies that maximise production through the full recovery of remaining hydrocarbon reserves. This presentation from Fishbones AS will explain how its new technology can achieve this, while crucially reducing costs.”
The technical presentation is set to be given to a gathering of some of the region’s top energy professionals and will outline how the technology has been used elsewhere. It will be delivered by Eirik Renli, CEO, Fishbones AS.
MST is an open hole liner completion that connects the well and the reservoir without the drawbacks of hydraulic fracturing. The new stimulation technology, developed in cooperation with major operators, has proven to be successful in both tight carbonate and tight sandstone reservoirs. The presentation will cover the basics of the technology, the development projects and global case histories.
The presentation will take place on Wednesday 28 October at the Aberdeen Douglas Hotel from 6.30 – 8.30pm. For more information and to book, see here: http://www.spe-uk.org/aberdeen/events/