Welltec’s newest technology, the Well Cutter™, has once again received honors; this time winning the Intervention Technology Award at this year’s ICoTA Well Intervention and Coiled Tubing Conference & Exhibition, which was held in The Woodlands, Texas at the end of March. Brian Schwanitz, Senior Chairman of ICoTA, presented the Intervention Technology Award to Alex McKay receiving it on behalf of Welltec after an excellent presentation of the novel Well Cutter™ and its capabilities.

ICoTA's Intervention Technology Award recognizes outstanding technical innovation or application of technology for well intervention. The application of the new intervention technology or technique should demonstrate: reduced risk, increased production, improved safety or minimized environmental impact.

Judged by industry peers, all experienced practitioners in the area of well intervention and coiled tubing, this award is highly prized and will be considered annually by ICoTA to support its mission: “To enhance communication, gather technical expertise and promote safety, training competency and industry accepted practices”.

Detailed information about this innovative technology can be found at Welltec website.