Expro’s Octopoda achieves world record for annular intervention depth

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HOUSTON, October 12, 2021– (COMMERCIAL THREAD) – Leading energy service provider Expro (NYSE: XPRO) successfully deployed its OctopodaMT annulus intervention system to restore the integrity of the annulus pressure and put a well back into production in the Piedemonte region of Colombia.

This press release features multimedia. See the full version here: https://www.businesswire.com/news/home/20211012005096/en/

Octopoda annulus intervention system (Photo: Business Wire)

The Octopoda system successfully reached 300 meters in the ring, a world record depth, and sealed the C-ring of the well. This removed the risk of casing collapse and gas migration to allow the well to produce and significantly extend its production life.

Expro worked with its client to design and carry out this high added value intervention operation, which was carried out at a cost estimated at around 25% lower than the cost of a conventional repair on a reconditioning platform. In addition, Operation Octopoda resulted in significantly lower carbon emissions than the conventional alternative.

Octopoda eliminated the need for a heavy reconditioning platform to allow controlled circulation of annular fluids and the installation of a resin plug to the depth of the outer casing shoe. This successfully sealed the ring and allowed production to resume from the wellbore.

Octopoda is the only certified ring intervention system in the world that allows the direct intervention of a live ring without the cost of a heavy reconditioning platform and with a reduced environmental footprint.

The system provides a safe and efficient method of relieving pressure from the closed housing. It can be deployed to replace annular fluid, to increase hydrostatic pressure, and to resolve casing shoe leaks by placing sealant on the bottom of the ring.

Using a unique design, Octopoda is deployed on annular inlets, eliminating the need for a reconditioning platform, providing an alternative that can be quickly deployed to all types of facilities, onshore and offshore, to maximize operational uptime while reducing overall exposure to HSE.

Alistair Geddes, COO of Expro, said:

“Everyone at Expro is proud of this exceptional achievement and the team’s extraordinary performance in reaching new depths. This is not only Expro’s first company in the Latin American market using the Octopoda system, but also a world first.

“Octopoda is already proving to be an innovative and cost-effective solution to solving well integrity issues throughout the industry. It allows our customers to extend the life of their wells, making it economically viable to resume production from closed wells.

“Expro’s recent success with Octopoda demonstrates the capabilities of this truly unique technology and our ability to optimize and extend the life of the growing number of aging wells around the world.

“Octopoda is the latest example of Expro’s commitment to investing in innovation, developing new technologies and working to reduce our carbon footprint and that of our customers.”

Expro

Working for customers throughout the life cycle of wells, Expro is a leading provider of energy services, offering cost-effective and innovative solutions as well as world-class safety and quality of service. The company’s broad portfolio of capabilities covers well construction, well flow management, subsea well access, and well integrity and response.

Founded in 1938, Expro has more than 6,500 employees and provides services and solutions to leading exploration and production companies in onshore and offshore environments in approximately 60 countries with more than 100 sites.

For more information, please visit: expro.com and connect with Expro on Twitter @ExproGroup and LinkedIn @Expro.

See the source version on businesswire.com: https://www.businesswire.com/news/home/20211012005096/en/

Contacts

Expro – Hannah Rumbles
+44 (0) 1224-796729


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