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A new solution to help improve oil production process in Azerbaijan (Exclusive)

Oil&Gas Materials 19 July 2018 15:36 (UTC +04:00)

Baku, Azerbaijan, July 19

By Ilkin Shafiyev – Trend:

Russian "INTES" company intends to introduce a new solution in Azerbaijan, which will help to optimize the process of oil production from wells and increase the production rate, CEO Yuri Bogachuk told Trend July 19.

He noted that, the company is preparing to conduct PTs (pilot tests) at the Azerbaijani fields. Negotiations are conducted with the Azerbaijani state company SOCAR. The signing of an agreement between the companies is expected after the tests.

"We have already familiarized SOCAR with the capabilities of the solution that we offer. We are preparing at the present moment to conduct PTs (pilot tests) at several fields in Azerbaijan. We conduct PTs free of charge, at our own expense. We receive payment for service support, our specialists make adjustments, and we monitor the operation of pumps during the work. Also, the company's specialists solve problems not related to our solution," Bogachuk said.

This system has no analogues and can significantly increase the efficiency of production, the chief executive officer said.

"Our equipment is expensive, however, on average, with an increase in production of three tons, it pays off in three and a half months. The minimum increase as a result of the introduction of this solution is three tons, and mainly from two to five times, depending on the potential of the well itself. In addition, our system itself, without human assistance, determines the potential operation pattern, gets customized to that pattern, works with the maximum possible flow rate, without stopping, and with the implementation of all regulations for the operation of pumping equipment", the chief executive officer said.

INTES LLC was established in 2010. The company specializes in construction and exploration of directional wells, both in the traditional way with the use of hydraulic systems, and with the use of gaseous and foam agents in the well shaft cleaning systems. INTES LLC performs the functions of the contractor and coordinator of oil and gas services under the terms and conditions put forward by the general contractor of the project, produces intelligent systems for control of oil production.

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Follow the author on Twitter: @IlkinShafiyev

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