WellDynamics

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WellDynamics Inc.
Type	Joint Venture (Halliburton International, 51%; Shell Technology Ventures (49%)
Founded	2001 (previously known as Petroleum Engineering Services, founded in 1996)
Headquarters	Spring, Texas, USA
Key people	Derek Mathieson, , President and CEO
Industry	Oil well equipment and services
Products	Intelligent well completion technology
Employees	Approximately 490 (2008)
Website	www.welldynamics.com

WellDynamics, a joint venture company of Shell Technology Ventures and Halliburton International, is a manufacturer of intelligent completion technology to the upstream oil industry. The company’s SmartWell® technology, introduced in 1997, was the industry’s first intelligent well completion system.

Intelligent completion technology is designed to optimize well, production and reservoir management processes by enabling operators to remotely monitor and control well inflow or injection downhole, at the reservoir, without physical intervention. Intelligent completions consist of some combination of flow control and zonal isolation devices (typically interval control valves and packers), permanent downhole gauges, downhole control systems, digital infrastructure and fiber optic systems.

[edit] See also

• List of oilfield service companies

[edit] References

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