HOW WISE MODULAR MULTIFUNCTION UNITS CUT THE COST OF OFFSHORE WELL INTERVENTION

Offshore, WISE multifunction technology typically cuts coiled tubing intervention costs by 60% and, often by much more. Most of the savings are a result of using smaller support vessels or by eliminating the need for a support vessel. Our compact, lightweight modules are easily handled by offshore cranes and can be arranged on decks to fit the space available, without impairing functionality.

Deepwater structures: eliminate the service vessel
Deployment on platforms (1,200 sq ft available space or less) beyond liftboat depth eliminates need for a semisubmersible work vessel. Savings can exceed $60,000 per day.

Small platforms: eliminate the liftboat
Deployment on small platforms eliminates need for a liftboat. Savings can exceed $15,000 per day.

Caisson wells: use a smaller liftboat
Deployment on smaller liftboats (e.g. Class 105 vs Class 200) can save $10,000 per day or more.

Eliminate liquid nitrogen resupply
WISE site-generated nitrogen module eliminates need to transport liquid nitrogen resupply from shore, saving approximately $6,000 per trip.Site-generated nitrogen also eliminates downtime caused by weather interruption of liquid nitrogen resupply; cost savings can be enormous.