PERTH, AUSTRALIA - Peak Well Systems (“Peak”), a leading specialist in the design and development of advanced downhole tools for well intervention, announces that it has been commissioned by an international oil company (the “Customer”) to undertake gas testing of both the 4-1/2” and 5-1/2” SIMULTRA Retrievable Bridge Plug at a 10,000psi and 175degC specification.
The Customer has a requirement for a high-performance retrievable plug for their HTHP high rate wells; and SIMULTRA is the only retrievable bridge plug able to meet these most demanding customer specifications.
Launched last November, Peak’s SIMULTRA range incorporates MetaPlex technology, a unique hybrid metal-elastomer seal that delivers both exceptional performance and improved recovery reliability.
The range has been specifically designed by Peak to address the growing industry demand for high-performance retrievable bridge plugs with reliable recovery every time, whilst capable of providing high temperature, high pressure and gas tight (14310- V0 grade) zonal isolation in even the most extreme sour conditions.
Testing of the 5-1/2” SIMULTRA Retrievable Bridge Plug to the required Customer specification has now commenced at Peak’s state-of-the-art gas pressure testing facility in Aberdeen. Additional Customer-witnessed tests for the 4-1/2” and 5-1/2” SIMULTRA Plugs are expected to take place in September. Upon the successful completion of these tests, attention will turn to securing field tests.
Robin McGowan, Chief Technology Officer at Peak Well Systems, said: “We are very pleased with the progress being made in our development programme for the SIMULTRA range. We now have V0 certification for our 4-1/2” and 5-1/2” Plugs across all standard tubing weights.
The interest already shown by leading oil operators in SIMULTRA technology is a testament to the growing market demand for a higher performance plug with superior retrievability and running clearance to help reduce costs and increase efficiencies in the most challenging gas wells.”
With the 7” Plug now being prepared for testing, Peak remains firmly on its path to delivering a complete SIMULTRA range to the market that will include the 4-1/2”, 5-1/2” and 7” Plugs by Q3 2016.
Peak continues to seek additional field test candidates for the SIMULTRA range. All enquiries can be directed to info@peakwellsystems.com.
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Media Contact
For more information and/or requests for photography, please contact:
Sarah Starick | Marketing & Communications Manager | Peak Well Systems
P +61 (0) 8 9270 0500 | M +61 (0) 488 222 438 | E s.starick@peakwellsystems.com
