Energy, Oil & Gas

Silverwell lands multi-million-dollar Middle East oilfield deal

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Silverwell, a provider of innovative gas lift solutions to the oil and gas sector, has been awarded a multi-million-dollar, multi-well contract with a leading Middle East operator for the deployment of its Digital Intelligent Artificial Lift (DIAL) technology.

The program spans high-production offshore assets, including premium high-rate extended reach drilling (ERD) wells, dual-string completions and auto-gas lift applications.

Optimising gas-lift wells requires costly interventions to change valves and collect downhole data. Changing valve settings can mean taking a well offline, replacing the valves and unloading the well, resulting in lost production and high operating costs.

DIAL removes that constraint. Operators can adjust valve settings remotely from the surface, including effective orifice size, in response to changing well conditions. Permanent downhole sensors provide real-time injection rate and temperature data, enabling continuous optimization without intervention.

The system enables deeper gas injection, higher production rates and lower operating costs, and has proven reliable in high-pressure, acidic environments. DIAL™ also incorporates Silverwell's Auto-Unloading capability, which automates well start-up and unloading to accelerate production.

"The industry has long treated well intervention as an unavoidable cost of gas lift. It is not," said

On the contract win, CEO Darrell Johnson said: "Our DIAL technology enables operators to monitor and optimise gas lift performance remotely in real time, boosting production, lowering costs and improving the value of a well over its lifetime."

"The award reflects growing adoption of all-electric intelligent completions among Middle East operators managing high-rate offshore asset," he added.-TradeArabia News Service