Completion Tracer awarded Verdande contract

Equinor has awarded a contract to Completion Tracer for the Verdande Field. Verdande will be tied to the Norne FPSO, and three wells will be drilled during 2024. In addition to the standard inflow tracer, the contract includes first time use of Completion Tracer’s unique technology FlowTrace for the acquisition of flow rate data.

Illustration of the Verdande Field (Source: Equinor)

The standard inflow tracer, PhaseTrace, used for the verification of flow and identification of water breakthrough, has already been verified in several wells. Completion Tracer’s solution for flow rate data like data from a production log, known as FlowTrace, will also be installed at the Verdande Field. This unique and patented concept has been verified in a full-scale flow loop test at Norce’s Ullrigg facilities. FlowTrace is developed to solve the challenges experienced in acquiring reliable flow rate data in wells with cross-flow during shut-in.

"𝘞𝘦 𝘢𝘳𝘦 𝘦𝘹𝘤𝘪𝘵𝘦𝘥 𝘢𝘯𝘥 𝘨𝘳𝘢𝘵𝘦𝘧𝘶𝘭 𝘵𝘩𝘢𝘵 𝘌𝘲𝘶𝘪𝘯𝘰𝘳 𝘩𝘢𝘴 𝘨𝘳𝘢𝘯𝘵𝘦𝘥 𝘵𝘩𝘦 𝘵𝘩𝘪𝘳𝘥 𝘵𝘳𝘢𝘤𝘦𝘳 𝘤𝘰𝘯𝘵𝘳𝘢𝘤𝘵 𝘵𝘰 𝘊𝘰𝘮𝘱𝘭𝘦𝘵𝘪𝘰𝘯 𝘛𝘳𝘢𝘤𝘦𝘳, 𝘢𝘯𝘥 𝘦𝘴𝘱𝘦𝘤𝘪𝘢𝘭𝘭𝘺 𝘧𝘰𝘳 𝘵𝘩𝘦 𝘰𝘱𝘱𝘰𝘳𝘵𝘶𝘯𝘪𝘵𝘺 𝘵𝘰 𝘷𝘦𝘳𝘪𝘧𝘺 𝘰𝘶𝘳 𝘯𝘦𝘸 𝘍𝘭𝘰𝘸𝘛𝘳𝘢𝘤𝘦," says Ole Magnar Drønen, CEO at Completion Tracer. "𝘞𝘦 𝘢𝘳𝘦 𝘤𝘰𝘯𝘧𝘪𝘥𝘦𝘯𝘵 𝘵𝘩𝘢𝘵 𝘵𝘩𝘪𝘴 𝘴𝘰𝘭𝘶𝘵𝘪𝘰𝘯 𝘸𝘪𝘭𝘭 𝘮𝘢𝘬𝘦 𝘪𝘵 𝘱𝘰𝘴𝘴𝘪𝘣𝘭𝘦 𝘵𝘰 𝘱𝘳𝘰𝘷𝘪𝘥𝘦 𝘳𝘦𝘭𝘪𝘢𝘣𝘭𝘦 𝘳𝘢𝘵𝘦 𝘥𝘢𝘵𝘢 𝘦𝘷𝘦𝘯 𝘧𝘰𝘳 𝘵𝘩𝘦 𝘮𝘰𝘴𝘵 𝘤𝘩𝘢𝘭𝘭𝘦𝘯𝘨𝘪𝘯𝘨 𝘸𝘦𝘭𝘭𝘴."