Innovex Installs FIRST-EVER (VXTe™) Self-Orientating Vertical Tree & Tubing Hanger System
Innovex International has successfully installed its first-ever VXTe subsea tree on the Ewing Bank 953 well, operated by Walter Oil & Gas in the Gulf of Mexico. This innovative 15K subsea production system technology represents a significant advancement in offshore production efficiency.
The VXTe technology eliminates the need for multiple trips for tubing hanger and XT orientation, reducing operational time by up to 7 days compared to conventional vertical tree installations. The system also removes the requirement for tubing head spool and electronic orientation devices, leading to cost savings and reduced complexity.
The installation, marking Innovex's first 15K subsea vertical tree deployment, was completed through collaboration with Walter Oil & Gas, demonstrating the potential for more efficient subsea solutions in offshore oil and gas production.
Innovex International ha installato con successo il suo primo VXTe subsea tree nel pozzo Ewing Bank 953, gestito da Walter Oil & Gas nel Golfo del Messico. Questa innovativa tecnologia di sistema di produzione sottomarina da 15K rappresenta un importante progresso nell'efficienza della produzione offshore.
La tecnologia VXTe elimina la necessità di più viaggi per l'orientamento del supporto del tubo e del XT, riducendo il tempo operativo fino a 7 giorni rispetto alle installazioni convenzionali degli alberi verticali. Il sistema rimuove anche il requisito per il tamburo del tubo e i dispositivi di orientamento elettronico, portando a risparmi sui costi e a una riduzione della complessità.
L'installazione, che segna il primo dispiegamento di un albero verticale sottomarino da 15K da parte di Innovex, è stata completata grazie alla collaborazione con Walter Oil & Gas, dimostrando il potenziale per soluzioni sottomarine più efficienti nella produzione di petrolio e gas offshore.
Innovex International ha instalado con éxito su primer VXTe subsea tree en el pozo Ewing Bank 953, operado por Walter Oil & Gas en el Golfo de México. Esta innovadora tecnología de sistema de producción submarina de 15K representa un avance significativo en la eficiencia de la producción offshore.
La tecnología VXTe elimina la necesidad de múltiples viajes para la orientación del colgador de tubería y del XT, reduciendo el tiempo operativo en hasta 7 días en comparación con las instalaciones convencionales de árboles verticales. El sistema también elimina el requisito de un spool de cabeza de tubería y dispositivos de orientación electrónica, lo que lleva a ahorros de costos y a una reducción de la complejidad.
La instalación, que marca el primer despliegue de un árbol vertical submarino de 15K por parte de Innovex, se completó a través de la colaboración con Walter Oil & Gas, demostrando el potencial para soluciones submarinas más eficientes en la producción de petróleo y gas offshore.
Innovex International는 멕시코만의 Walter Oil & Gas가 운영하는 Ewing Bank 953 유정에 최초의 VXTe 해양 나무를 성공적으로 설치했습니다. 이 혁신적인 15K 해양 생산 시스템 기술은 해양 생산 효율성의 중요한 발전을 나타냅니다.
VXTe 기술은 튜빙 행거 및 XT 방향을 위한 여러 번의 여행을 필요로 하지 않으며, 기존의 수직 나무 설치와 비교하여 운영 시간을 최대 7일 단축합니다. 이 시스템은 튜빙 헤드 스풀과 전자 방향 장치의 필요성을 제거하여 비용 절감과 복잡성 감소로 이어집니다.
Innovex의 첫 15K 해양 수직 나무 배치로 기록된 이 설치는 Walter Oil & Gas와의 협력을 통해 완료되었으며, 해양 석유 및 가스 생산에서 보다 효율적인 해양 솔루션의 가능성을 보여줍니다.
Innovex International a installé avec succès son tout premier VXTe subsea tree sur le puits Ewing Bank 953, exploité par Walter Oil & Gas dans le Golfe du Mexique. Cette technologie innovante de système de production sous-marin de 15K représente une avancée significative en matière d'efficacité de la production offshore.
La technologie VXTe élimine le besoin de plusieurs déplacements pour l'orientation du support de tube et du XT, réduisant le temps opérationnel jusqu'à 7 jours par rapport aux installations conventionnelles d'arbres verticaux. Le système supprime également la nécessité d'un spool de tête de tube et de dispositifs d'orientation électroniques, ce qui entraîne des économies de coûts et une réduction de la complexité.
L'installation, marquant le premier déploiement d'un arbre vertical sous-marin de 15K par Innovex, a été réalisée grâce à la collaboration avec Walter Oil & Gas, démontrant le potentiel de solutions sous-marines plus efficaces dans la production de pétrole et de gaz offshore.
Innovex International hat erfolgreich seinen ersten VXTe subsea tree im Ewing Bank 953 Brunnen installiert, der von Walter Oil & Gas im Golf von Mexiko betrieben wird. Diese innovative 15K Unterwasserproduktionssystemtechnologie stellt einen bedeutenden Fortschritt in der Effizienz der Offshore-Produktion dar.
Die VXTe-Technologie beseitigt die Notwendigkeit mehrerer Fahrten zur Ausrichtung des Tubing-Hängers und des XT, wodurch die Betriebszeit im Vergleich zu herkömmlichen vertikalen Bauminstallationen um bis zu 7 Tage verkürzt wird. Das System entfernt auch die Anforderung für den Tubing-Head-Spool und elektronische Ausrichtungsgeräte, was zu Kosteneinsparungen und einer reduzierten Komplexität führt.
Die Installation, die Innovexs erste 15K Unterwasservertikalbaum-Implementierung markiert, wurde durch die Zusammenarbeit mit Walter Oil & Gas abgeschlossen und zeigt das Potenzial für effizientere Unterwasserlösungen in der Offshore-Öl- und Gasproduktion.
- First successful installation of innovative 15K subsea production system
- Reduces operational time by up to 7 days versus conventional installations
- Eliminates costs associated with tubing head spool and electronic orientation devices
- Reduces operational risks through simplified installation process
- None.
Insights
Innovex's first successful installation of the VXTe subsea tree system represents a significant technological milestone with meaningful operational and financial implications. The deployment with Walter Oil &Gas demonstrates market validation for this 15K subsea production technology that addresses critical industry pain points.
The system's self-orientating capability eliminates multiple operational steps during installation, with Walter Oil&Gas specifically quantifying a reduction of up to
For Innovex, this installation creates three key value drivers: 1) a differentiated high-margin product that addresses specific efficiency challenges, 2) potential recurring revenue through additional installations across Walter's portfolio and other operators, and 3) strengthened competitive positioning in the premium subsea equipment segment where technological innovation commands pricing power.
The product eliminates the need for tubing head spools and electronic orientation devices, reducing both direct equipment costs and operational complexity. This value proposition is particularly compelling in the current offshore market where operators are intensely focused on improving project economics while maintaining operational integrity.
This successful deployment could accelerate adoption across other Gulf of Mexico operators and international markets, potentially creating a meaningful growth vector for Innovex's subsea product line.
The VXTe subsea tree installation represents a technical breakthrough in subsea well completion methodology. Traditional vertical tree installations require precise orientation of both the tubing hanger and the tree itself, typically necessitating multiple trips and specialized equipment that introduce operational complexity and risk.
Innovex's self-orientating system eliminates these requirements through a clever mechanical design innovation. By removing the need for electronic orientation devices, the system reduces potential failure points in harsh subsea environments where reliability is paramount. The elimination of the tubing head spool further simplifies the wellhead architecture.
What's particularly notable is the 15K pressure rating of this system, making it suitable for high-pressure, high-temperature applications common in deeper Gulf of Mexico developments. The ability to deploy such advanced technology while simultaneously reducing operational steps demonstrates sophisticated engineering that addresses multiple operator constraints simultaneously.
The operational advantages extend beyond just time savings. Each trip eliminated reduces weather exposure and the associated non-productive time, while fewer components mean fewer potential leak paths - a critical consideration for environmental risk management in offshore operations.
With operators increasingly focused on reducing subsea infrastructure costs without compromising reliability, Innovex's innovation hits directly at industry priorities. If the field performance meets expectations, this could become the new standard for vertical tree installations across deepwater regions globally.
Innovative 15K Subsea Production System Technology Deployed in Partnership with Walter Oil & Gas in the Gulf of
Bruce Witwer, SVP Subsea Product Line at Innovex shared his excitement: "We are thrilled to see the first installation of our VXTe subsea tree come to life on the Ewing Bank 953 well. This achievement is the result of years of research and development, combined with close collaboration with Walter Oil & Gas. It’s also a testament to the dedication and hard work of our operational team, whose expertise made this milestone possible. Our goal has always been to provide our partners with cutting-edge technology that not only meets the challenges of offshore production but meaningfully exceeds their value expectation. We are confident that the VXTe technology will continue to deliver exceptional performance and value to the industry."
Eric Collum, Well Lead at Walter Oil & Gas, commented on the partnership: “Working with Dril-Quip on the installation of the VXTe subsea tree has been a rewarding experience. The Ewing Bank 953 well is a critical project for us, and we are always looking for ways to innovate and improve efficiency. Innovex’s VXTe subsea tree technology is a game-changer in this space by reducing our operations by up to an estimated 7 days versus conventional vertical tree installations. This was our first 15K subsea vertical tree installation, and we were able to do it without the need for orientation of the TH and XT.”
Danny McLaughlin, SPS Product Manager at Innovex, emphasized the applicability of savings across the globe: "The VXTe subsea tree is designed to reduce the number of trips, including the BOP, thereby shortening the time needed to bring the well online, directly impacting the bottom line. This installation truly showcases the future of cost-effective subsea solutions proportional to water depth. The successful deployment of the VXTe subsea tree not only demonstrates the capabilities of Innovex technology but also reinforces the importance of collaboration between industry leaders to unlock new possibilities in offshore oil and gas production.”
About Innovex International
Innovex International, Inc (NYSE: INVX) is a
Our comprehensive portfolio extends throughout the lifecycle of the well; and innovative product integration ensures seamless transitions from one well phase to the next, driving efficiency, lowering cost, and reducing the rig site service footprint for the customer.
With locations throughout
View source version on businesswire.com: https://www.businesswire.com/news/home/20250313559495/en/
Investor Relations:
Avinash Cuddapah, Senior Director of Investor Relations
avinash.cuddapah@innovex-inc.com
Media Relations:
Nichola Alexander, Senior Director of Marketing
nichola.alexander@innovex-inc.com
Source: Innovex Downhole Solutions, Inc.
FAQ
How much operational time does the Innovex VXTe subsea tree save compared to conventional installations?
What are the key advantages of Innovex's VXTe subsea tree system?
Where was the first Innovex VXTe subsea tree installed?
What is the pressure rating of the new Innovex VXTe subsea tree system?
