Peak E-News Issue 35 May 2010

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  • 8/2/2019 Peak E-News Issue 35 May 2010

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    NEWSLETTERISSUE35

    MAY2010

    PERTH

    P+61892700500

    F+61892700555

    [email protected]

    om

    www.p

    eakwellservices.c

    om

    A

    BERDEEN

    P

    +44(0)1224562240

    F

    +44(0)1224652969

    DUBAI

    P+971(0)502592779

    F+971(0)443069

    50

    UNSUBSCRIBE

    PEAK E-NEWS

    Welcome to Issue 35 of Peak e-News.

    In this months issue our main focus is based firmly on the new Peak Mechanical Leak Detection Tool which isa single trip, repeatable setting device added to the SIM System range of products. The Peak MechanicalLeak Detection Tool is designed to provide a pressure integrity base used in the process of identifying a tubingleak. We also announce our agreement with Muscat Petroleum in the Sultanate of Oman and importantchanges to the Peak Management team. For more information on any topics in this months issue pleasecontact [email protected]

    NEXT ISSUE: Evolving the Peak High Temperature / High Strength Magnet

    PEAK REPRESENTATION IN THE SULTANATE OF OMAN

    Peak are pleased to announce the appointment of Muscat Petroleum Services LLC as agents for all Omani related business.Muscat Petroleum Services is a local company, 100% Omani owned and registered with the Ministry of Commerce and Trade aswell as the Ministry of Oil and Gas. Muscat Petroleum Services have a long and excellent record in the provision of services andpersonnel in Oman. With the joining of hands both Peak and Muscat Petroleum Services will further expand the scope of qualitywell services equipment being made available in Oman. Peak see this relationship as an excellent fit and a continuation of Peaksexpanding capacity to support our clients locally with the best in class Wireline tools & Flow Control devices.

    PEAK MECHANICAL LEAK DETECTION TOOLThe SIM System is a series of mechanically interchangeable components designed to provide a range ofapplications for the purpose of well integrity and production management. Applications include:

    Plug System Gauge Hanger Straddle System Integral Gas Lift Downhole Choke

    At Peak we have continued to expand and refine the SIM System by extending the operational applications ofthe SIM System to now include the Peak Mechanical Leak Detection Tool. The Peak Mechanical LeakDetection Tool is a logical extension to the SIM System which provides our customers with an extremely

    simple and cost effective solution to ascertain a leak path between the tubing and annulus.The Peak Mechanical Leak Detection Tool is deployed in the well to the desired depth, predominantly at adepth below a suspected leak path, on a conventional slickline toolstring consisting of simple Stem & SpangJars. Reciprocation at depth allows the radial indexing mechanism to activate, anchoring the SIM SystemRunning Tool Slips to the tubing wall. To effect the seal, light jarring down is required to expand the elementof the Peak Mechanical Leak Detection Tool. Tubing pressure is then applied to test tubing integrity. The cyclecan then be repeated and fine tuned until the exact location of a leak is detected.

    The Peak Mechanical Leak Detection Tool can be run downhole and reset a number of times without the needto pull back to surface. Multiple setting capability reduces NPT by allowing the leak to be pin-pointed quickly,minimising Wireline runs. The Peak Mechanical Leak Detection Tool will hold pressures of 1500 psi @ 350Ffrom above. The integral self-equalising device allows the pressure to equalise across the elastomer cupbefore moving the elastomer into the fully retracted position. Currently available for 2 7/8 and 3 1/2 tubing,various sizes available on request to suit customer requirements.

    For existing users of the Peak SIM System, the Peak Mechanical Leak Detection Tool can be supplied as anAdapter System to the patented SIM Running Tool or alternatively can be purchased as a complete systempackaged in conjunction with the SIM Running Tool. For more information on the Peak Mechanical LeakDetection Tool please contact [email protected]

    "Think before you print."- Please consider the environment before printing

    IMPORTANT MANAGEMENT CHANGES

    Peak are pleased to announce the following management changes - Kim Gardiner, the founder of Peak, has stepped up from CEOto be Chairman of the Board; Paul Glew has been promoted to CEO and Paul Burnett has been promoted to International SalesManager responsible for worldwide sales. The changes put in place will support Peaks continued effort to expand the range ofquality tools being provided to our clients and will support Peaks vision of providing simple and robust equipment that maximisesthe value realised from Well Servicing activities. Peak is committed to maintaining its strong customer focus, seekingimprovements in well servicing, driving out complexity in tooling and promoting excellence in the industry.

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