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Product Overview
Overview
Modern Wellbore Solutions has developed a novel multi junction tool that allows drilling and completing multilateral wells in unconventional and conventional assets. The tool is rated at 15,000 PSI, allowing use at conditions seen in multi stage frac jobs. The tool retains full bore, is stackable and each lateral can be independently selected with internal sleeves.
Business Model
- Sell tools and services.
Technology Innovations
Fracture treatment pressure rated: Allows use of pressures up to relevant fracturing ( up to 15,000 psi). Higher than competing multilateral tools
Repeatable Design: Can stack multiple laterals per well
Full bore access: Allows for full bore access without restrictions to allow for use of existing downhole tools
Lateral selection: Select which lateral to be re-entered in the future
Applications
- Allows for multiple laterals from a single well: Allows reduction in drilling costs for per lateral
- Potential for multiple laterals at same depth or stackable at multiple depths depending on resource: Potential to simplify existing pad drilling in stacked plays
- Selection of laterals during drilling, completion and production: Retains flexibility to respond to operating conditions throughout the life of the well