WellDynamics

Infobox_Company
company_name = WellDynamics Inc.
company_
company_type = Joint Venture (Halliburton International, 51%; Shell Technology Ventures (49%)
foundation = 2001 (previously known as Petroleum Engineering Services, founded in 1996)
location = flagicon|USA Spring, Texas, USA
key_people = Derek Mathieson, , President and CEO
industry = Oil well equipment and services
num_employees = Approximately 490 (2008)
products = Intelligent well completion technology
revenue =
net_income =
homepage = [http://www.welldynamics.com/ www.welldynamics.com]

WellDynamics, a joint venture company of Shell Technology Ventures and Halliburton International, is a manufacturer of intelligent completion technology to the upstream oil industry. The company’s SmartWell® technology, introduced in 1997, was the industry’s first intelligent well completion system.

Intelligent completion technology is designed to optimize well, production and reservoir management processes by enabling operators to remotely monitor and control well inflow or injection downhole, at the reservoir, without physical intervention. Intelligent completions consist of some combination of flow control and zonal isolation devices (typically interval control valves and packers), permanent downhole gauges, downhole control systems, digital infrastructure and fiber optic systems.

ee also

*List of oilfield service companies

References

#

# [http://www.halliburton.com/default/main/halliburton/eng/news/source_files/news.jsp?newsurl=/default/main/halliburton/eng/news/source_files/press_release/2008/corpnws_040308. "StatoilHydro awards Halliburton and WellDynamics nearly $900 million in contracts for services on Norwegian Continental Shelf]
# [http://www.welldynamics.com/press/2008_feb_20.html "WellDynamics Installs First SmartWell Intelligent Completion in Agbami Field, Offshore Nigeria"]
# [http://www.welldynamics.com/press/2008_feb_18.html "StatoilHydro Awards WellDynamics Norge a.s. Two Frame Agreements"]
# [http://www.offshore-technology.com/contractors/drilling/welldynamics/"Offshore Technology - WellDynamics - Leading Provider of Intelligent Completion Technology "]
# [http://www.welldynamics.com "WellDynamics Corporate Website - www.welldynamics.com"]