Jaxon Caines, technology reporter, Hart Energy: Bradenhead pressure is a big challenge in the energy industry, and this technology can help mitigate gas migration issues. This is Tech Trends with Hart Energy LIVE.
Nick Rakic, solutions director for North America and the Caribbean, Welltec: Jaxon, Welltec is an international technology company looking to solve challenges using the latest innovations for today's challenges and for tomorrow's challenges as well.
JC: How are these metal expandable packers utilized in the field and in wells?
NR: These packers enable operators to both mitigate sustained casing pressure, but also save costs and time in remedial operations.
JC: Now, what's the benefit of deploying this technology?
NR: Well, the benefit of this technology is that it's easy to deploy. There's minimal changes to the drilling process, but also they're hydraulically expanded from surface. So there's minimal tools required and minimal processes required, so it's easily integrated into operators’ existing programs.
JC: Where has this been deployed in unconventional plays in North America?
NR: Within North America, certainly in the unconventional plays, this has been a growing solution since 2021. We've deployed them here in the DJ Basin. We've deployed them in the Appalachian Basin, as well as the Permian Basin most recently.
JC: Learn about the latest metal expandable packer technology at hartenergy.com/ep.
Recommended Reading
Sunoco’s $7B Acquisition of NuStar Evades Further FTC Scrutiny
2024-04-09 - The waiting period under the Hart-Scott-Rodino Antitrust Improvements Act for Sunoco’s pending acquisition of NuStar Energy has expired, bringing the deal one step closer to completion.
TotalEnergies to Invest $400MM in LPG
2024-05-14 - TotalEnergies is investing more than $400 million into LPG to provide more than 100 million people in Africa and Asia access to clean cooking methods by 2030.
Petrobras CEO Prates to Step Down
2024-05-15 - Brazil’s President Luiz Inácio Lula da Silva has requested that Petrobras CEO Jean Paul Prates resign following a dispute over dividend payments.
EQT Declares Quarterly Dividend
2024-04-18 - EQT Corp.’s dividend is payable June 1 to shareholders of record by May 8.
Matador Resources Announces Quarterly Cash Dividend
2024-04-18 - Matador Resources’ dividend is payable on June 7 to shareholders of record by May 17.