Oil and Gas Technology Report 2016: Recent Advancements in Plugging and Cutting Technologies for Abandonment and Conformance Control Operations – Research and Markets

DUBLIN–(BUSINESS WIRE)–Research and Markets has announced the addition of the “Oil
and Gas Technology-Recent Advancements in Plugging and Cutting
Technologies for Abandonment and Conformance Control Operations”
report to their offering.

The Oil and Gas TechVision Opportunity Engine (TOE) provides
intelligence on innovations pertaining to technologies, products and
processes, along with strategic insights, in the upstream and downstream
processes in the oil and gas industry.

The volatility in oil prices over the past two years has pushed
operating companies in the upstream segment to rigorously implement cost
optimization strategies at every possible phase of crude production.
With benchmark crude prices hovering around the $30 mark, key
stakeholders are forced to cut costs and delay capital expenditures that
will not contribute to revenue growth.

Due to this, wells which require additional equipment or tertiary
recovery methods to produce above economical limits are being considered
for temporary shut-down or decommissioning. However, decommissioning or
abandonment is a non-revenue generating activity, which incurs costs of
up to $10 million depending on the location of the well (onshore or
offshore).

Therefore, oilfield services companies that offer these services have
come up with innovative procedures, which can deliver significant cost
benefits to the operator without compromising on safety.

The Materials and Coatings cluster tracks research & innovation trends
and developments across specialty chemicals, plastics, polymers,
chemicals, bio-chemicals, metals, coatings, thinfilms, surface
treatments, composites, alloys, oil and gas, fuel additives, fibers and
several other related technologies and its impact and application across
industries.

The Sustainable Energy cluster provides global insights and intelligence
on a wide variety of disruptive emerging technologies and platforms
ranging from energy storage, advanced batteries, solar and wind energy,
to unconventional oil, bioenergy, geothermal energy, and energy
transmission.

Key Topics Covered:

1. Hydrawash System for Plugging and Abandonment (P&A)
2. Laser Plug Abandonment Method
3. Cement Composition with Glass Additives for Plugging
4. Swellable Elastomer Plug for Wellbore Plugging
5. Gelled Foam Composition with Enhanced Foam Stability
6. Cutting Tool for Decommissioning Operations
7. Plasma-based Technology for Casing Section Milling
8. A Dual String Section Milling (DSSM) Technology for Plugging and
   Abandonment

For more information about this report visit http://www.researchandmarkets.com/research/xs7c7x/oil_and_gas

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Related
Topics: Gas,
Oil