16 Aug 2023
Digital Intelligent Surface-Controlled Gas Lift Systems Will Optimize Production Efficiency and Performance
HOUSTON, August 16, 2023 – Silverwell Technology Inc. (“Silverwell”) has secured a milestone contract with a major national oil company (NOC) in Southeast Asia for the installation of its industry-leading digital intelligent artificial lift (DIAL) production optimization system in multiple oil wells.
Under the three-year multi-well contract Silverwell’s DIAL technology will be deployed in challenging operating environments in both brown and green field assets. The contract is expected to lead to the large-scale adoption of DIAL by other operators in the region.
DIAL is used by operators around the world both onshore and offshore. The system integrates in-well monitoring and control of gas lift well performance with surface analytics and automation to continually optimize gas-lifted fields, remotely and without intervention.
To manage the contract and offer operational support to clients across the region. Silverwell has expanded its local footprint by recruiting additional operations staff in Malaysia and Indonesia.
“Our latest multi-well contract provides further evidence of the growing confidence among operators in DIAL’s ability to save them millions of dollars,” said Badroel Rizwan Bahar, Regional General Manager Asia Pacific.
Darrell Johnson, Silverwell CEO, commented: “This milestone contract for the large-scale adoption of DIAL enhances Silverwell’s presence in an important geographic market. Around the world, sales of DIAL are increasing as operators seek proven methods to reduce operational expenditure while maximizing asset productivity.”
About Silverwell
Silverwell is a global developer, manufacturer and provider of digitally intelligent gas lift production optimization systems and services for the energy sector. Silverwell’s Engineering and Manufacturing functions along with, Marketing, Field Operations and Regional Sales are based in Houston, Texas. Silverwell has Regional Sales and Operations offices in the UAE, Malaysia, and a Corporate office in London, UK.
Silverwell is certified to ISO 9001:2015 Quality Management System and ISO 45001:2018 Occupational Health & Safety. Visit https://www.silverwellenergy.com/ for more information.
Contact
Badroel Rizwan Bahar
General Manager - AsiaPac
Badroel.rizwan@silverwellenergy.com / + 60 12511 2473