14th August 2015
Following two years of planning and development AUSCOIL’s specialised well intervention package, was recently deployed to the Surat Basin where it will commence a servicing contract of 15 wells belonging to a major CSG to LNG operator.
Diego Tarre Moser, AUSCOIL’s General Manager, commented that the deployment was a success for the new venture.
“Following months of discussions, negotiations, accreditations and safety preparations the equipment package was mobilised in mid-July, which was a huge feat given how fast the venture was established. The deployment signifies an important milestone for the entire AUSCOIL team,” said Mr Tarre Moser.
AUSCOIL – the first of its kind in Australia – is an innovative coiled tubing services and solutions provider which brings a variety of well intervention and production enhancement technologies to the Australian oil and gas industry. The equipment, which has been specifically designed to meet Australian regulatory, environmental and industry conditions is fit for purpose, has greater manoeuvrability and service flexibility.
Gary Gardner, Executive Chairman – FKG Group, said the new technology represents an advancement on existing technologies available to the Australian market.
“We’ve invested considerably into the development of AUSCOIL in response to industry need – we recognise that CSG companies require a more efficient, mobile and flexible well intervention solution and we’ve designed AUSCOIL’s coiled tubing rig in collaboration with industry experts to address these factors,” Mr Gardner said.
Mr Tarre Moser, said AUSCOIL’s coiled tubing provides the coal seam gas industry with a technology that can increase the safety and efficiency of their operations.
“The equipment allows us to convey innovative tools and technology into CSG wells with greater safety and speed than currently possible with existing technology. With AUSCOIL’s technology, wells that are experiencing production problems are provided with a much wider range of solutions. AusCoil aims to make each CSG well produce to its full potential,” Mr Tarre Moser said.