A leading Well Project Management company has underlined its confidence in the North East by opening a new office in Aberdeen.
Oil & Gas UK Chief Executive Deirdre Michie recently performed the official opening of the new Aberdeen office of Fraser Well Management, a leading well project management company covering the full well lifecycle both onshore and offshore from exploration drilling through to well plug and abandonment.
The company has delivered high quality results throughout its track record of 60 wells in its 11-year history and is equipped to deliver safe, efficient operations for all clients. In addition to well project management, Fraser Well Management provides specialist well engineering studies from relief well planning through to due diligence and well abandonment feasibility studies.
The company is headquartered in Great Yarmouth. It currently employs a core staff of 13 people and the addition of the Aberdeen office is seen as crucial in both broadening Fraser Well Management’s UK base and assisting in future ambitions to expand activities beyond the North Sea.
The new office is centrally located on Aberdeen’s Albert Street and is led by Well Engineering Manager Donald MacArthur. It is anticipated that the establishment of the new office will lead to the creation of new Aberdeen-based well engineering and support positions.
Commenting on the opening of the Aberdeen office, Donald MacArthur said: “The opening of our Aberdeen office represents a new chapter in the ongoing growth of Fraser Well Management. This office will correctly position our business to capitalise on opportunities in and around the area, as well as providing a springboard for continued growth with the direct access to clients and a talented skills pool.”
Oil & Gas UK Chief Executive Deirdre Michie added: “We welcome the decision by Fraser Well Management to set up a new office in Aberdeen. It does indeed help underline that the North Sea is very much open for business.”
Fraser Well Management present UEA lectures
Throughout October 2015, Fraser Well Management’s Alex Tollefson delivered a series of lectures at he University of East Anglia (UEA), focusing on oil and gas well design & integrity in drilling and well decommissioning.
The well engineering module of Oil and Gas Engineering was delivered to 19 students studying for an MSc in Energy Engineering with Environmental Management at their Norwich campus. The lectures formed part of an ongoing relationship between well project management specialists Fraser Well Management and the UEA.
Alex described three case studies; Banjar Panji, Montara and Macondo that form the backbone of Fraser Well Management’s Well Integrity Plus (WIP®) training school. These incidents were used to demonstrate the importance of professional well design and operations management.
The course content included an interactive casing design session with the students working through a number of exercises with increasing complexity. The sessions concluded with Alex presenting “A day in the life of a well engineer” giving an insight into the industry for the next generation of engineers.
Fraser Well Management drilling engineer Alex Tollefson presenting to MSc students at the UEA
Well Engineers and Drilling Supervisors from FWM visited Seajacks for a tour of the Jack-up Vessel Kraken, hosted by Seajacks HSEQ Manager John Vingoe. As part of ongoing well abandonment studies, FWM personnel were keen to evaluate the capabilities of the vessel for Southern North Sea well abandonment campaigns. FWM Well Engineering Manager Donald MacArthur said “It is important for our personnel to become familiar with the various vessel and rig options available for platform and standalone well abandonments. We appreciate the time John spent with our operations team and the openness of the Seajacks personnel we met.”
FWM Engineers visit Seajacks
Well project management specialist Fraser Well Management answered government and energy industry calls to generate the most cost-effective safe solutions for the task of decommissioning redundant North Sea platforms and wells.
Fraser Well Management demonstrated savings of 30-40 per cent on its rig-based abandonments compared to similar well abandonments by its peer group by showcasing its track record in low-cost, top-quality plugging and abandonment (P&A) of wells, one of the major costs of decommissioning, at the Decom Offshore Conference 2015 in Aberdeen. Fraser Well Management promoted its 10 years’ experience and expertise focusing on the next chapter of North Sea activity, estimated to cost tens of billions of pounds in the next 25 years.
The Great Yarmouth-based company has completed three standalone end of life P&A projects and 30 well abandonments, including a range of subsea, standalone and platform development wells. The low cost operation, supported by its outstanding competency and safety record, puts the company among the leaders poised to start the process of plugging and abandoning the 5,000 wells and 600 platforms in the North Sea.
Managing Director Douglas Nunn and Commercial Manager Paul Collins met new contacts and established partners and operators.
Mr Nunn said: “We were pleased with the recognition of our company and what we do among delegates at Decom Offshore. People know us and acknowledge the quality and cost-effectiveness of our work and like our models for project managing P&A in decommissioning.
“With evidence from the rig based abandonments performed to date, we estimate that, through the utilisation of our contracting strategies and operational performance, we have realised savings of between 30-40% compared with similar well abandonments performed by our peer group.
“Our expertise in P&A and long term well integrity is second to none. Our reputation is based upon completing the work in a professional manner leaving no well integrity problems for the future.
“Decommissioning is a big focus for us and we are working on several different angles for our decommissioning offering to operators.”
“We are looking forward to continuing this mammoth task in the North Sea.”
Fraser Well Management has built its reputation on its consistent high quality outcomes and outstanding value for money.
Business development manager Nick Ford said the company’s key offering to operators was its ability to drive down costs supported by the competency and skills of its personnel.
Fraser Well Management has an unblemished record of full design-and-drill services for the oil & gas industries and project management. Formerly Fraser Offshore, the company has driven more than $1bn of business in its portfolio of exploration and production drilling including subsea and horizontal wells and complex well abandonments.