New Consultancy – Unlocking future wells potential

The role of wells expertise in reducing risk and driving efficiencies throughout the energy mix cannot be overstated. Wells are the conduit that maximise recovery from upstream assets, which must be made leak-tight during decommissioning, and which need to convey and contain CO2 for carbon capture and storage. Wells are frequently the highest cost, and most complex, element of all of these activities.

For new wells-focused engineering consultancy Elemental Energies, world-leading wells support must remain at the heart of integrated projects throughout the energy transition mix. It is their mission to engineer the energy transition by harnessing the brightest wells talent, shaping the design and delivery of wells-centric projects.

Within the existing upstream sector, wells are the most crucial element in maximising cost-effective recovery from existing projects – the lifeblood of current energy security.

Within decommissioning, well abandonment is typically the most costly part of projects, and deep well engineering and geological expertise is required to permanently isolate flowing zones below ground – crucial to permanent emissions prevention.

Low carbon energy projects such as CCUS and geothermal also require a significant wells focus, and this is amplified when looking at repurposing existing oil and gas assets. If wells expertise is embedded into the planning of these projects from the earliest phases, opportunities for efficiency can be harnessed early and engineering challenges overcome, reducing cost and complexity.

With a commitment to shape the wells-centric projects of the present and the future, Elemental Energies is building a world-leading offering to solve complex challenges in oil and gas, decommissioning and the low carbon sectors of carbon capture, utilisation, and storage (CCUS), and geothermal.

Elemental Energies launched in December 2022 following the acquisition of Senergy Wells from Vysus Group, a deal that is set to be the first in a strategic buy-out of wells-focused firms. This is part of a strategy that sees the company back the leading wells experience found in the North East of Scotland, and its future across the energy transition.

The company’s expert teams, who continue to be headquartered in Aberdeen, will build on Senergy Wells’ proven approach to well delivery, risk management and well process safety. This focus on the highest levels of organisational wells capability will be used to support clients to deliver ongoing oil and gas exploration and developments, to continue designing and delivering cost-effective solutions to decommissioning projects, and helping clients to unlock the potential of crucial low carbon sectors, all with global reach.

The company’s Chairman, Martyn Fear, said “Elemental Energies believes fundamentally in the role of wells expertise in future energy development. By providing cutting edge solutions to overcome complex problems, and by driving project integration and efficiency, we will safely deliver effective programmes at all stages of the energy transition.”

“Within the upstream sector, our engineers have a long track record of engineering solutions to overcome complex problems. The former Senergy Wells team have to date managed over 150 global wells projects as well as designing and engineering more than 1000 wells. These integrated projects have encompassed the full well life cycle, enabling clients to deliver well projects safely, on schedule and within budget, and with the quality and well integrity expected.”

“Within decommissioning, and in an industry carrying a large backlog of ageing assets, the need for the right expertise to mitigate risk and reduce cost is critical. Our agile approach drives efficiency and effective decision making, powered by engineering excellence, a command of all relevant technologies, and integrated experience. Our well design and delivery experts have worked on major wells decommissioning and integrated decommissioning campaigns around the world, and we have in depth understanding of the critical role that wells play in successful decommissioning campaigns.”

“In helping the industry and society to transition, Elemental Energies has already engineered and managed low carbon projects around the world, from concept to completion. We understand challenging environments and how to safely and effectively navigate them. With more than 15 years’ experience in geothermal and CCUS, our consultancy provides cutting edge solutions to solve complex problems and unlock the potential of low carbon projects.”

“The Elemental Energies team will continue to grow with the addition of further leading wells experts, and those from associated disciplines, as we look to build a truly world-class and fully integrated project management offering across all three sectors of upstream, decommissioning, and low carbon.”

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