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www.ptc.as 1
Introduction to Petroleum Technology Company
www.ptc.as 2
What We Do
• We help E&P companies with 3 major challenges:
• Assuring and Enhancing Well Integrity
• Increasing Production
• Reducing Costs
www.ptc.as 3
Enhancing Integrity, Increasing Production, & Reducing Costs
• By providing unique, patented equipment & services including:
• Hydraulic Controlled Surface Annulus Safety Valves
• VR Profile Installed Wellhead Sensor Systems
• Versatile & Safe Wellhead Intervention Services
• Revolutionary Gas Lift Systems & Valves
• Innovative Chemical Injection Systems & Valves
• Life of Well Gas Lift & Chemical Injection Design Services
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Establishment History
• Equipment & Services
• Often Developed in Response to Specific OPCO ‘Needs’
• Now Used Worldwide
• Clients Currently Include
• IOC’s & NOC’s
• Completion & Wellhead Equipment Lead Contractors
2012201020052002 2003 2004 20082006 2007 2009 2011 2013 2014
PTC est.
StavangerPTC US
est.
PTC UK
est.
PTC Brazil
est.
PTC Abu
Dhabi est.
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International Presence
Brazil
US GoM
Sakhalin
UK
Norway
Australia
UAE
Congo
Azerbaijan
Qatar
Office/operation
Activity
Location Title Phone no. E-mail
Norway S&M Manager +47-91113117 [email protected]
UK Regional Manager +44-7879816638 [email protected]
USA Regional Manager +1-2813527766 [email protected]
UAE Regional Manager +971 (0) 504195530 [email protected]
Brazil Regional Manager +55 21 41050932 [email protected]
Equatorial Guinea
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Assuring and Enhancing Well Integrity
Double Barrier Wellhead Solutions for Wells with Live Annuli
• VR Profile Pressure & Temperature Sensor
– Wellhead integrity assured even upon impact or collision
– Wired / wireless real time annulus P&T monitoring
– Eliminates need for a gate valve and instrument flange
– Unaffected by gate valve position or lubricant blockage
• Master Surface Annulus Safety Valve (MSAS)
– Wellhead integrity assured even upon impact or collision
– Hydraulically activated “fail safe closed” check valve as primary barrier
– Actuator located in a spool or in a modified API gate valve (MSAS-G)
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Assuring and Enhancing Well Integrity
Safe and Efficient Intervention for Wells with Live Annuli
• VR Lubricator Tool
– The most versatile VR lubricator tool on the market
– Reduces risks and simplifies operations in tight well bays / cellars
– Tools for cleaning and refreshing the profile and removing stuck plugs
– High torque capability
Regular VR ToolHigh Torque VR Tool
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Unique Equipment and Unrivalled Performance
• High Reliability Barrier Accredited Check Valves
– Gas Lift Valves are considered part of the primary barrier envelope
– Durable combination of choke and dart minimize chattering and erosion
• New Bellows Technology for Injection Pressure Operated ( IPO) Valves
– Vastly increased reliability closure eliminates multi-pointing
– Rated up to 20kpsi. Allows deeper deployment resulting in higher production
– Can be used as Operating Valve
– Allows change of gas injection point without intervention
Increasing Production with Gas Lift
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Unique Equipment and Unrivalled Performance
• Anti Scale Valve increases the valve life in scale environment
– Proprietary Nose Geometry developed using CFD analysis
– Eliminates potential for scale deposition within the valve
– Hydrophobic Coating on flow wetted latch and nose components
• Shear Open Valves saves intervention cost
– Unique IPO multiple Valve Shear or Single Valve Shear options
– Avoids the need for using dummy valves for annulus testing
– Reduced well commissioning time
Increasing Production with Gas Lift
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Proprietary Gas Lift Design and Analysis Processes
• Life of Field Gas Lift Design Process reduces risks
– Caters for uncertainties and changes in key parameters over the life of the well
– Better Gas Lift and Completion design selection decisions
– Balancing well lifecycle production optimization, well intervention, and operation
Increasing Production with Gas Lift
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Increasing Production with Chemical Injection
Innovative and Robust Designs
• Retrievable SPM CI valve increases reliability
• Barrier qualified check valve integrated into design
• Strong disc spring protects system from U-tubing
• Dual Bore Sub design improves operations
• Shear system incorporated alongside barrier valve to test injection
line
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Proprietary Chemical Injection Design and Analysis Processes
• Our chemical injection design process ensures a continuous injection rate at the
mandrel depth over life of field. Several factors are considered:• Depth of Injection
• Initial and late life well parameters
• Injection line size
• Required force in CI valve spring
Increasing Production with Chemical Injection
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Reducing Costs
Equipment Reliability and Time/Cost Saving Designs
• Well Commissioning and Intervention
• Shear Open Valves (Interventionless well start up)
• IPO as Operating Valve (Interventionless injection depth change)
• Retrofittable MSAS Valves (avoid workover)
• VR Lubricator Operations (safe and efficient intervention operations)
• Gas Lift Straddle Systems
• Concentric Pocket Mandrels (production optimization without workover)
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Increase Production,
Enhance Well Integrity
Reduce Cost,
Thank you for your time!
Any Questions?