"The first application of SET Technology in China and the 200th SET installation are both important milestones for the entire Enventure team," said Robert Hinkel, Enventure president and chief executive officer. "Furthering East-West exchanges of high-level technology and having solid expandable tubular systems planned into wells are primary facets of Enventure's global expansion strategy. The project with Sinopec allowed us to accomplish both goals.
"This installation is also an excellent demonstration of Sinopec's focus on the use of innovative technologies to increase its production capacity," added Hinkel. "SET Technology can provide larger hole size at the reservoir, enabling Sinopec to meet its aggressive production targets. The Shengli well is a springboard for further use of SET Technology in China."
Enventure has performed 209 installations and expanded 206,240 ft. (62,862 m) of pipe and 5,417 connections for 53 operators globally. Enventure Global Technology is the world's leading provider of solid expandable tubular solutions.
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