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Completion Placement &A New Appro eRED mitigates H during compl Euan Fraser & - Red S Technolog

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Completion Placement…A New Approach to Risk Mitigation

eRED mitigates HSE exposureduring completion deployment

Euan Fraser & Alan Gerrard - Red SpiderTechnology

Presented by: Euan Fraser & Alan Gerrard

Date: Tuesday 19th October 2010

Completion PlacementA New Approach to Risk Mitigation

Introduction

eRED

• Reduce HSE Exposure

• Reduce operational Time

• Deep set eRED - 8515ft

• Shallow set eRED - 70ft

• BHT - 230 deg F at 9984ft

• Maximum test pressure aboveand below – 4900psi.

Our eRED (electronic remote equalising device) represents state-of-the-art truly intelligent down hole flow control equipment. Typically run

below a plugging assembly such as a lock or bridge plug.

The eRED can be opened and closed multiple times, controlling flowthrough the tubing without the need for any intervention.

Introduction

eRED

Operational Summary

eRED

• First platform dual eRED deployment.

• Both eREDs were pre-installed and tested onshore.

• The ability to circulate to completion fluid without theneed for intervention.

• 4 wire line runs removed from operation

• In total 18 hours rig time saved by the utilisation ofeRED

Operational Achievements

eRED

Questions

Questions

eRED