Wellbarrier secures agreement with VNG Norge to create holistic well integrity solution
Norwegian well barrier illustration software provider seals deal with upstream gas producer.
Wellbarrier, a global well barrier illustration software provider, has secured an agreement with exploration and production (E&P) company VNG Norge to create a holistic well integrity value chain solution to safeguard oil and gas wells worldwide.
The joint project will apply a unique digital solution to enhance well integrity in the E&P and midstream industries. The objective of this initiative is to assess and prove the conceptual approach of making available a digital well data and well integrity portal to benefit well stakeholders.
The project will start immediately with expected completion by the end of 2019. The work scope will include the application of the well integrity tools solution. It will also incorporate the well barrier definitions in NORSOK Standard D-010 including well integrity in drilling and well operations, and will embrace the two-barrier philosophy as a core component.
Tore Fjågesund, Wellbarrier’s managing director and co-author of the NORSOK D-010 standard, said: “We are very pleased to enter into this significant agreement with VNG Norge as part of our mission to reduce risk and keep wells safe.”
Lars Katteland, director - development and operations for VNG Norge, commented: “This initiative is a valuable investment to reduce the risk of uncontrolled release of formation fluids throughout the well’s life.”
Wellbarrier AS was established in 2007 and around 2,500 users in nearly 40 countries around the world use its wellbarrier illustration tool. VNG Norge AS is a wholly owned subsidiary of Leipzig-based VNG – Verbundnetz Gas AG and is responsible for the VNG Group’s oil and gas production.