| Issue 38, November 2011 |
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| NEW TECHNOLOGIES OFFER AN UNDENIABLE ADVANTAGE |
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Almas Kelzhanov, director at TOO OSAC is answering questions by Coiled Tubing
Times: "We are not a very big company, but consider ourselves rather mobile. We’ve
carried out a thorough analysis, somewhat brainstorming, to identify in what direction
to develop further, what to purchase – a workover unit or a CT unit. When taking
the decision we were much encouraged by the world economical situation. If back
in 2008 customers were queuing for drilling and workover units and ontractors
had backlog of orders for months ahead, by the end of 2008-beginning of 2009
the situation had taken a dramatic turn. Almost 70% of workover units in FSU countries
stopped as a result of the crisis. I am sure, a similar scenario unfolded in the
US as well. Even though I was not following their statistics, I still think that
around 50% of workover units were standing idle. It should be noted that conventional
workover requires considerable human resources, whereas coiled tubing does not
require any big service crew. Additionally, it is more mobile and has a number
of other advantages."
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