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Home›Business & Finance›Claxton wins well slot recovery contract in Arabian Gulf
Business & Finance

October 28, 2014 · about 12 years ago

Claxton wins well slot recovery contract in Arabian Gulf

Claxton Engineering, an Acteon company, has been awarded a 12-month contract for multiple well slot recoveries in the Arabian Gulf, enabling a field operator to extend the economic life of its platform and well assets. Claxton’s Dubai office will perform diamond wire cutting and subsea drilling and

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Claxton Engineering, an Acteon company, has been awarded a 12-month contract for multiple well slot recoveries in the Arabian Gulf, enabling a field operator to extend the economic life of its platform and well assets.

Claxton’s Dubai office will perform diamond wire cutting and subsea drilling and pinning, and provide a surface conductor recovery package, including band saws and double drilling units. The project is scheduled to begin in early 2015.

Claxton used a similar package to recover a conductor during the first-ever rigless platform well abandonment in the North Sea, and has used it on many successful slot recovery projects globally, the company said in the release.

Nick Marriott , Claxton Engineering region manager, Dubai, said, “Dealing with the challenge of aged conductors is a growing issue in the Middle East and this is an area where Claxton’s experience can unlock real value for operators. Our field-proven slot recovery service enables new wells to be drilled from existing assets and is a cost-effective option for removing aged or damaged conductors.

“This contract is a testament to our strong track record as slot recovery experts, which we have established through more than 280 successful cutting and recovery operations. It is also evidence of our capabilities in the Middle East, which we are pleased to be able to expand on with this project.”

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