BiSN, a global provider of Wel-lok sealing solutions, has achieved a remarkable milestone by reaching 400 commercial deployments of its Wel-lok technology, a patented technology enabling bismuth-based seals that are more reliable, durable, and cost-effective than traditional sealing methods.
It was only 13 months ago that BiSN reached 300 commercial deployments of Wel-lok technology. According to the company, the rise in deployment since then has been part of a wider, exponential demand growth over the past three years among operators for both plug and abandonment and well intervention. As a result, 2022 represented the busiest commercial year for BiSN and Q1 of 2023 has already been record setting.
BiSN has now deployed into major areas such as North America, Europe, Africa, the Middle East, Asia, and Australia. Within these regions, the company has run commercial deployments in 17 countries, most recently in Mozambique. Building on this success, BiSN now harbours plans to continue its global reach while continuing to foster productive and collaborative relations with global operators.
Currently, Wel-lok technology has been commercially applied to 11 different applications, including water shut off, cement repair, packer repair, and plug and abandonment. The company has stated that it will continue to refine and develop Wel-lok technology for a variety of well intervention, completion, and plug and abandonment applications.
Paul Carragher, CEO and Founder of BiSN, remarked, “We are thrilled to have achieved this important milestone of 400 commercial deployments. It is a testament to the value and effectiveness of Wel-lok technology and could not be achieved without the commitment of the full BiSN team. As demand continues to rise across all active regions, BiSN is expanding to meet that demand by opening facilities now in Australia and Brazil.”