Prevent formation damage and improve well productivity
Formation isolation valves (FIVs)
- isolate formations without the use of kill fluids
- protect formations from fluid loss damage during completions and workovers
- contain reservoir fluid
- enhance production
- increase wellbore safety
- simplify completion operations.
Reduce well intervention costs
In one North Sea installation, an operator needed to perforate underbalanced horizontal sections and maintain a high productivity index by not killing the wells after perforating. An FIV, with specialized completion equipment and a new perforating technique, saved the operator approximately $400,000 per well and achieved a productivity index of 150 bbl/psi.
Improve safety
FIV reliability means better safety in remedial workovers such as pump replacements. The valve provides a two-way barrier that isolates the formation and contains reservoir fluids, providing increased wellbore safety.
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