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Petrospec is an engineering company offering instrumentation for accurate measurement of temperature, pressure, acoustics, and flow in SAGD, CSS, steam flood, in-situ combustion applications, and in conventional production and artificial lift applications.
Published March 7, 2023
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Updated July 4, 2023
Oil & Gas
Subsurface
Product Overview
Overview
Petrospec Engineering is an oilfield services and technology provider focused on improving efficiencies and safety in producing oil and gas resources.
Petrospec offers reservoir monitoring products based on multiple technologies like instrumentation for measurement of temperature, pressure, acoustics, and flow in SAGD, CSS, steam flood, and in-situ combustion applications, as well as in conventional production and artificial lift applications.
Petrospec also offers down-hole equipment for difficult environments, along with software and visualization tools that integrate reservoir data for comprehensive dynamic analysis.
The full product lineup includes:
- Fiber optic sensors and interrogators
- Instrumented coiled tubing
- Down-hole gauges
- Hot-Tube™, a down-hole Electric Heating System
- Petrospec Power-Tube™, a coiled tubing deployed artificial lift system for ESPs and PCPs where all power, process, and sensor cables are packaged within a coiled tubing umbilical
- Sensor-Tube ESP™, an ESP monitoring system that enables use of predictive analytics to accurately predict ESP failures
Business Model
Equimpent, and well intervention with a day rate.
Technology Innovations
Petrospec has multiple patented tools:
- Hot-Tube™: downhole electric heating system, designed for wellbore pre-heating for follow-up steam injection processes, near wellbore flow enhancement, and in-situ solvent heating and injection processes
- Power-Tube™: a coiled tubing packaged and deployed ESP where all power, process connections and sensor cables are integrated within coiled tubing to allow for rapid hot, live well interventions
- Sensor-Line™: a “pump-in” fiber optic that allows easy sensor fiber replacement in SAGD wells without intervention.
- Sensor-Tube™: a downhole well monitoring system that enables use of predictive analytics
Applications
- Reservoir characterization and data acquisition to obtain inputs for reservoir simulation and further production optimization, reserves forecasting, field planning, etc.
- Flow measurements for well testing
- EOR optimization
- Predict ESP failures to schedule workovers and minimize downtime
- Rigless ESP service operations
- Rodless PCP service operations
- Live well ESP and PCP installations and pump changes