Expro Partners with Petrobras for Groundbreaking Flowmeter Technology
HOUSTON-- Expro (NYSE: XPRO), a prominent energy services provider, has forged a significant technology partnership with Petrobras for the development of an innovative non-intrusive flowmeter. This collaboration is set to revolutionize the way flow measurements are taken, addressing current industry challenges.
Enhancing Efficiency with Real-Time Data
The newly developed flowmeter is designed to provide accurate flow rates and identify flow patterns, which will enable online and real-time data accessibility. This innovation is vital for controlling and monitoring slug instabilities, thereby increasing efficiency and optimizing production in oil and gas wells.
Non-Intrusive Design and Functionality
One of the essential features of this technology is its non-intrusive clamp-on design. This eliminates the need for any radioactive sources during operation, catering to current safety and environmental standards. The first prototype installation is expected by the third quarter of 2027, marking an exciting milestone in this technological journey.
Statements from Company Executives
Gregorio Rodrigues, Expro's Vice President of Well Flow Management, expressed enthusiasm about the agreement, stating, “We are thrilled to partner with Petrobras to continue delivering metering solutions throughout Brazil. Expro has a rich history of pioneering Mobile Fiscal Metering packages, successfully conducting flow measurements in over 1,000 wells, including those for Petrobras. This partnership underscores our commitment to innovation and our role as a technology-driven entity.”
Addressing Industry Challenges
Rodrigues added that the new flowmeter will effectively target multiple environments where understanding the flow pattern poses challenges. The technology will empower clients to make adjustments aimed at optimizing individual well production, demonstrating Expro's dedication to providing tailored solutions to complex industry problems.
Petrobras' Perspective on the Agreement
Roberta Mendes, Petrobras's General Manager for R&D in Exploration and Production, commented on the potential of this technology. She mentioned, “We anticipate that this innovative approach will enhance our production optimization from existing wells, especially in slug flow situations. Moreover, the easy implementation into our facilities—both onshore and offshore—is a strong advantage.”
About Expro and Its Services
For clients navigating through the entire well life cycle, Expro stands out as a reputable energy service provider. The company is synonymous with innovative, cost-effective solutions that prioritize safety and service excellence. With a diverse portfolio, Expro offers capabilities in well construction, flow management, subsea access, and integrity solutions.
A Rich History of Excellence
Originating in 1938, Expro has grown to employ over 8,500 individuals, rendering services to leading exploration and production companies worldwide. Operating across approximately 60 countries, Expro is committed to excellence in both onshore and offshore projects, empowering clients with cutting-edge technology and unyielding support.
Frequently Asked Questions
What is the main purpose of the new flowmeter technology?
The new flowmeter aims to provide accurate and real-time flow data, enhancing the efficiency of oil and gas production.
When is the prototype for the flowmeter expected to be installed?
The first prototype is anticipated to be installed by the third quarter of 2027.
What is Expro's role in the energy industry?
Expro is a leading provider of energy services, specializing in innovative solutions for all stages of well management and production optimization.
How does the non-intrusive flowmeter benefit clients?
It allows for safe operation without radioactive sources, facilitating the easy monitoring of slug flow and optimizing individual well performance.
Where does Expro operate?
Expro provides services in approximately 60 countries, operating in both onshore and offshore environments.
