Trendsetter Engineering Inc. completed two Gulf of Mexico (GoM) deepwater well stimulation campaigns for major operators, the company announced Jan. 24.
Both campaigns resulted in the “successful” acid treatments of a combined six wells, in water depths ranging from 6,500 ft to 7,200 ft using their subsea tree injection manifold (STIM). The Trendsetter STIM offers a 15,000-psi rated subsea system designed to provide hydraulic well access for vertical and horizontal trees in up to 10,000 ft of water.
The STIM unit can also support other hydraulic intervention operations, including hydrate remediation, well flowline flushing and testing operations for both pre and decommissioning.
This announcement comes on the heels of Trendsetter using their STIM to deliver hydraulic intervention and technical services for a hydrate remediation and flowline flushing contract in the GoM.
Recommended Reading
NOV Announces $1B Repurchase Program, Ups Dividend
2024-04-26 - NOV expects to increase its quarterly cash dividend on its common stock by 50% to $0.075 per share from $0.05 per share.
Repsol to Drop Marcellus Rig in June
2024-04-26 - Spain’s Repsol plans to drop its Marcellus Shale rig in June and reduce capex in the play due to the current U.S. gas price environment, CEO Josu Jon Imaz told analysts during a quarterly webcast.
US Drillers Cut Most Oil Rigs in a Week Since November
2024-04-26 - The number of oil rigs fell by five to 506 this week, while gas rigs fell by one to 105, their lowest since December 2021.
CNX, Appalachia Peers Defer Completions as NatGas Prices Languish
2024-04-25 - Henry Hub blues: CNX Resources and other Appalachia producers are slashing production and deferring well completions as natural gas spot prices hover near record lows.
Chevron’s Tengiz Oil Field Operations Start Up in Kazakhstan
2024-04-25 - The final phase of Chevron’s project will produce about 260,000 bbl/d.