Fishbones wins contracts with Middle East operators

Stavanger-headquartered Fishbones has signed contracts for its reservoir stimulation technologies with two major national Middle East operators, together valued at more than US$15mn

They follow a series of successful Fishbones stimulation projects across the Middle East in recent years which have shown positive results, in some cases increasing production many times over.

Fishbones’ unique approach to reservoir stimulation connects the well and the reservoir through an open hole liner completion, with drilling and jetting technologies that create numerous lateral connections and increase well productivity and efficiency.

Under the new contracts, both Fishbones Jetting and Fishbones Drilling technology will be utilised in offshore and onshore wells in key locations in the region.

Wissam Chehabi, Fishbones’ managing director for the Middle East, said, “We are very satisfied with finalising these agreements with major operators in the region, giving us many opportunities to put our groundbreaking technology to use. We look forward to being part of our clients’ field development projects and to improve the productivity and efficiency of their wells.”

“Fishbones has extensive experience in targeting low permeability or naturally fractured reservoirs often found in the Middle East. We are excited to take on new challenges and deliver the pinpointed stimulation that only Fishbones technology can provide.”

Fishbones is looking forward to further Middle East expansion following the establishment of a Middle East sales and support office in Abu Dhabi 20 months ago, with plans including the establishment of local manufacturing facilities to serve Middle East installations.