Under a new agreement, Haliburton will have the right to deploy WellSense’s FiberLine Intervention (Fli) technology for use in well stimulation monitoring.
WellSense, a subsidiary of FrontRow Energy Technology Group, will continue to deploy the technology globally for all other oil and gas applications, including well P&A, well integrity and leak detection, as well as CCUS.
CEO of WellSense, Annabel Green, said, “The successful completion of this deal is a defining moment for WellSense and for our parent company, FrontRow Energy Technology Group. Not only is it a strong industry endorsement of our technology and the value it delivers, but also our business model of bringing new and innovative solutions to market.
“Our unique bare fibre dynamic despooling technology delivers superior data quality for a detailed subsurface understanding. Unlike other well monitoring techniques, it provides a lightweight offline intervention solution with disposable probes for significant efficiency savings and reduced risk.”
Fli, which was developed 10 years ago, commenced commercial operation in 2018.
