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Content archived on 2024-05-15

Development of a low-cost, remotely controlled hydraulic valve system for increasing recovery rates from hydrocarbon res

Objective

The objective is to develop European technology that can dramatically contribute to increase recovery rates from hydrocarbon reservoirs. The technology is a smart well completion system, which can be remotely operated by means of an innovative hydraulic valve system for optimum reservoir management. Attempts in the industry to introduce an electro-hydraulic system have often failed in the harsh down-hole environment and is very expensive.

The objective of the proposed technology is therefore to develop a purely hydraulic controlled system for obtaining high reliability, and to design it as a low-cost system for use in both high and low producers. Initial trials have proved the functionality and detailed design is underway. It is therefore proposed to develop a technical prototype and test it in simulated well conditions at a test facility. If successful, the technology can increase the recovery rate from applicable reservoirs by 10 percent.

Topic(s)

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Call for proposal

Second Call - 0
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Funding Scheme

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Coordinator

TRIANGLE EQUIPMENT AS
EU contribution
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Address
Fabrikkveien 9
STAVANGER
Norway

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Total cost
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Participants (3)