logo
logo
Sign in

Riserless Light Well Intervention Market Competitive Dynamics and Global Industry Outlook 2016 – 2024

avatar
pranav suryawanshi
Riserless Light Well Intervention Market Competitive Dynamics and Global Industry Outlook 2016 – 2024

It has been noticed that recovery rate is markedly less in subsea wells than in surface platforms because of highly complex well intervention and maintenance issues. To tackle the challenges, a riserless light well intervention is leveraged which conducts intervention to improve the recovery rate significantly. Not just that, it also helps in bringing down the cost of deepwater operations in mature subsea fields and saves time too. It is a technology that enables cost effective operations in existing subsea wells such as chemical treatment, repair, measurements, plug zone isolation, and scale removal, thereby augmenting production of oil.

Planning to lay down strategy for the next few years? Our report can help shape your plan better

Riserless light well intervention operations are essentially conducted from a dynamically-positioned, purpose-built, intervention vessel. It carries out logging, gauging, plugging, re-perforating, and other downhole mechanical works to reduce flow restrictions. Riserless light well intervention system is a relatively new technology. Initially, it could function only in shallow water but on account of cutting-edge innovations in the domain of technology, it can now operate both in deep and ultra-deep water. A report by Transparency Market Research offers essential information about the global market for riserless light well intervention.

Is something restraining your company’s growth in the Riserless Light Well Intervention Market ? Ask for the report brochure here

By shifting well intervention work from expensive drilling rigs to light monohull vessels, the cost of well intervention is lowered significantly. To put it in some perspective, it can slash cost by up to 60% than in a rig-based well access system. With rapid progress in technology, the number of subsea IOR project development is increasing and it has positively impacted the global market for riserless light well intervention vessel. A noticeable trend in the market is the long-term agreements between service providers and operators.

To discover the roadmap for progress of your business, visit Eminent Advisors

 

collect
0
avatar
pranav suryawanshi
guide
Zupyak is the world’s largest content marketing community, with over 400 000 members and 3 million articles. Explore and get your content discovered.
Read more