Sat. Jul 27th, 2024

Key points:

  • Fishbones and Aker BP are collaborating on a technology development project aimed at increasing well productivity.
  • The project will focus on developing extended reach needles, which are small diameter laterals that penetrate the reservoir to increase hydrocarbon recovery.
  • Fishbones’ lateral stimulation technology has already shown significant increases in well productivity, and the aim is to further improve by extending the reach of the needles.
  • The Research Council of Norway has awarded a grant of NOK 1.25 million to support the development project.

Alternative reservoir stimulation technology provider Fishbones has partnered with major Norwegian operator Aker BP on a technology development project to increase well productivity. The project will focus on the development of extended reach needles, which are small diameter laterals that penetrate the reservoir to increase hydrocarbon recovery. Fishbones’ existing lateral stimulation technology has already shown multifold increases in well productivity, and the aim of this project is to extend the reach of the needles by 50%, from the current span of 12 meters to 18 meters. This extended reach will allow for tailored solutions to various operational needs and increase the recoverable reserves of reservoirs.

Aker BP strategically invests in technologies like Fishbones to enhance the value of its Improved Oil Recovery (IOR) portfolio. The development of extended reach-lateral components for Fishbones’ technology will further expand its application range. The project has received support from The Research Council of Norway, receiving a grant of NOK 1.25 million. The grant is part of an initiative focused on projects contributing to petroleum research, particularly those aiming to reduce emissions and increase efficiency in the oil and gas sector.

This collaboration between Fishbones and Aker BP highlights the industry’s commitment to developing innovative technologies that improve well productivity and maximize hydrocarbon recovery. By extending the reach of the needles used in Fishbones’ lateral stimulation technology, the partners hope to see even greater improvements in productivity, leading to increased recoverable reserves from existing reservoirs.

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