Nov 24 2020
Paradigm Group and Kaseum Collaborate to Enhance Well Intervention Technology Offering.
Paradigm Technology Services of Paradigm Group B.V., headquartered in Groot-Ammers, the Netherlands, and Aberdeen, UK-based Kaseum Technology Ltd have recently collaborated to integrate a product line of electro-mechanical downhole tools onto Slick-E-Line® resulting in a market-leading intervention offer.
Jamie Miller, Global Business Development Manager explains, “The ParaSet™ and ParaPunch™ product lines are already extremely popular within our existing and potential client base. They offer a cost-effective way of utilising our intervention technologies Slick-E-Line® as a vehicle for Kaseum technologies. We are essentially engineering out time and cost by combining our technologies for our clients”.
The product line offers two unique tools; ParaSet™ a unique non explosive electro-mechanical downhole setting tool, capable of delivering up to 90,000 lbs of linear force which can be used to set, or un-set, plugs and packers in a wide range of tubing and casing sizes. Also, ParaPunch™; a modular non-explosive hole punching tool combinable with ParaSet™, which can be configured to punch single or multiple, oriented holes in a single run. All tools can be accurately placed on depth with real-time surface readout from the Slick-E-Line® System, then activated on demand via Paradigm's ParaOffice™ acquisition software.
Paul Church, Managing Director of Kaseum comments: “This alliance of Kaseum’s innovative downhole tools and Paradigm’s unique Slick-E-Line® conveyance system offers our clients a new way to intervene in their wells. With Slick-E-Line® integration, we now have the ability to correlate, command and control our products in real time with the added operational, environmental and safety advantages of slickline deployment.”
Miller concludes: “This alliance amplifies our companies’ core service offerings to deliver sustainable solutions at a total lower cost of operations. We are not afraid to invest in smart R&D to ensure we are delivering the best possible solutions for our customers”.