Tracerco announces a supply and marketing agreement with oilfield services company, Kobold Completions Inc

25/07/2023

Industrial technology specialist, Tracerco announced it has confirmed a supply and marketing agreement with Canadian headquartered oilfield services company, Kobold Completions Inc. to provide clients with a technology that will continuously monitor oil reservoirs and maximise oil production. 

The agreement will see the integration of Kobold’s advanced well completion and intervention technologies with Tracerco’s oil, water, and gas zonal flow insight to provide asset owners with data intelligence capable of detecting flow restrictions and – in the case of well interventions – ensuring water shut offs have been successfully accomplished from targeted zones.

Alongside this, the deployment of Tracerco’s chemical tracer technology and measurement capabilities – combined with Kobold’s advanced completions systems – will provide intelligence on oil, gas and water stage flow into and between wells. This combination will allow owner operators to optimise future well development particularly when linked with geology, drilling and the design of completions.

Speaking about the agreement, Paul Hewitt, Reservoir Business Unit Director at Tracerco said: “Our collaboration with Kobold is very exciting.  The integration of both our technologies through flow insight and completion diagnostics will provide companies with a true understanding of reservoir fluid flow pathways.  It will significantly help oil companies to continuously monitor their reservoirs and will spotlight actionable improvements that will maximise oil production.”

As part of the agreement, oil and gas asset operators will be offered a range of technologies including:

With a wealth of experience in delivering successful global reservoir projects, Tracerco has provided proprietary inflow and interwell tracer technologies to oil and gas operators across the globe for over 60 years.

A global oil and gas service company with approximately 400 people in offices located across six continents, Tracerco is well recognised for delivering innovative technologies that enable owner operators to make informed decisions on the condition of their assets.

Located in Calgary, Alberta, Kobold Completions Inc. has been in business for over 16 years developing and delivering cutting-edge downhole tool technology and services for drilling and completions in the oil and gas industry.

 

Learn more about chemical tracer technology by contacting our expert team.

Contact us today or email us at tracerco@tracerco.com

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