Using off-the-shelf and field-proven components, the well access specialists at Optime Subsea Services have created a system the company believes can save operators money and time.
Thor Lovland, chief operating officer of the of Norway-based company, says front-end engineering and design studies indicate an ability to complete a permanent plug and abandonment operation without the use of a rig at a 60% cost savings using Optime’s multiCompletionSystem (mCS) compared to current rig and light well intervention solutions.
The
