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WellEz Updates Wellbore Schematic Software for Drilling & Completion Reporting

WellEz (http://www.wellez.com) released a significant upgrade to their wellbore diagram feature, allowing users to see both vertical and horizontal wellbore diagrams, including casing info and downhole equipment

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Wellbore Schematic for Completions Operations

Instead of creating wellbore diagrams manually in spreadsheet programs or by-hand, our system creates the entire diagram automatically

Houston, Texas (PRWEB) February 15, 2012

WellEz released a significant upgrade to the wellbore schematic component on January 24, 2012. The new wellbore schematic allows users to see both vertical and horizontal wellbore diagrams, and is automatically populated throughout the entire well lifecycle (from drilling through completion).

“Our clients will see a major benefit in time-savings” said Fernando Salazar, Technical Coordinator at WellEz Information Management. “Instead of creating wellbore diagrams manually in spreadsheet programs, or by-hand, our system creates the entire diagram automatically.”

The updated wellbore diagram component requires no input from the operator. The entire wellbore schematic is created based on drill bits, casing, and bottom hole assembly information already entered by field personnel.

Updates to the system will allow the wellbore schematic to show deviation based on survey entries, and will automatically populate diagram information from one job in the well to the next (ex. Drilling to Completion).

WellEz is also offering an expanded library of component icons. When filling out bottom hole assembly items for the drilling morning report, or entering the tubing string in a completion job, users will be able to select from a wide-variety of pre-configured icons. Additionally, packers and perforations will be displayed in the diagram during the completions phase of the well.

About WellEz

Founded in 2000, WellEz Information Management is a privately held, international oilfield service company located in Houston, Texas. The leading provider of field reporting tools for drilling, completions, and other operations, WellEz is staffed by experienced oil and gas professionals and a team of highly qualified software developers. The company’s web‐based field software for well lifecycle reporting is the comprehensive solution to limitations, user difficulties, and support issues that are often encountered with traditional reporting software. For more information, visit our website.

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UK: Red Spider Reduces Risk

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Red Spider, the Remote Open Close Technology specialist delivering multi-million pound savings and reduced risk to the oil & gas industry, has completed its biggest-ever deal with work valued at £1.5million to supply new products for well completion operations.

The agreement involves Red Spider supplying eRED-FB products, with deployment scheduled for this Summer in the UK North Sea.

The eRED-FBs will be used for a series of subsea dual ESP (Electric Submersible Pump) wells and will allow the removal of all wireline runs from the completions operations.

Red Spider’s UK sales manager Andy Skinner said: “We are very excited about the technology and believe it takes our ROCT products to the next level, offering unparalleled savings and risk reduction.’’

eRED, Red Spider’s first tool to use its patented ROCT for remotely operating downhole valves, has been used by more than 20 operators resulting in significant risk reduction and maximising production time by removing wireline runs from operations. The technology is on its way to becoming the industry standard solution for various downhole applications.

The valve has allowed major operators to save more than £300,000 during a single subsea completion operation, typically reducing slickline runs from 8 to 1. In deepwater workover operations, savings of up to 36 hours and £500,000 have also been recorded in a single job, as well as major reductions in risk.

It quickly became apparent from the eRED’s continuing success that there were other potential applications for ROCT in the completion of wells. Further customer requests led to nearly £2million of investment and over two years of extensive research and development work, which has resulted in products including the eRED-FB.

eRED-FB valves provide a downhole barrier that can be opened and closed by remote command, allowing the tubing integrity to be tested without using conventional plug and prong equipment. This eliminates the need to deploy traditional wireline methods which results in the following benefits:

• removing the requirement for rigging-up and rigging-down wireline units

• speeding up operations

• reducing risk to personnel and equipment

• reducing the risk of exposure to bad weather

• delivering savings of between 32 to 38 hours (£400,000 to £500,000)

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