InflowControl optimizes oil production with Malaysian multi-well AICV campaign
(WO) 鈥 InflowControl, a global provider of advanced production optimization solutions, has successfully completed its first installations in Malaysia of the Autonomous Inflow Control Valve (AICV庐) with an independent operator.
InflowControl's AICV庐 technology remains 鈥渙pen鈥 to flow for oil-saturated zones and autonomously restricts unwanted water and gas without any downhole power or control lines to surface. By tailoring the AICVs for each reservoir鈥檚 needs based on the fluids viscosity and density contrasts, the AICV庐 enables operators to optimize zonal production rates based on the composition of the fluids. This enables enhanced ultimate oil recovery, reduced well intervention and reduced CO2 intensity per BOPD for operators.
This achievement highlights InflowControl鈥檚 commitment to driving innovation and its ability to penetrate new markets. InflowControl is committed to supporting operators in Southeast Asia and have invested in establishing its local presence over the past several years, tapping into exciting opportunities and driving sustainable growth by helping operators solve their challenges of reducing GOR and high water-cut.
鈥淲e continue to change the oil industry and are proud to expand our markets and successfully complete our first AICV庐 installations in Malaysia,鈥 said Dr. Vidar Mathiesen, CEO of InflowControl. 鈥淭his achievement demonstrates our dedication to deliver game-changing reservoir management solutions and that we are focused on Making Better Wells for our customers.鈥