COLOGNE, Germany, April 11 /PRNewswire/ -- LIOS Technology GmbH has been awarded a 5 year contract by a major operator in the Far-East.
LIOS Technology, the leader in affordable cost effective DTS systems in Oil and Gas exploration, announces the award of a 5 year contract from a major Operator in the Far East. This contract was awarded after a successful 2 year field evaluation period for the supply of DTS for downhole monitoring deployments at onshore wells.
LIOS Technology's sophisticated Distributed Temperature Sensing (DTS) systems offer the unique ability to provide a reliable, non-intrusive means of continuous temperature logging of wells in Oil and Gas exploration, enabling full coverage of complex and multilateral wells with a single optical fibre cable. The LIOS DTS continuously monitors the temperature of an optic fibre at all points along its entire length.
For this contract LIOS Technology teamed up with and operates closely together with an optical pressure sensing company and a major local Service Company.
LIOS Technology GmbH is the first DTS supplier with an approved WITSML data interface. The petrotechnical protocol standard WITSML ensures compatible data streams on TCP/IP level of distributed temperature profiles, backscattering profiles and event data. LIOS offers its DTS systems with integrated protocol converter, technologies to safely transfer data and enable its integration into customised database structures.
The Petroleum Engineers in the office can monitor the status of their wells live on their computer screens.
Thomas Oldemeyer, Chief Executive Officer of LIOS Technology commented, "This successful assessment of our system is a testament to the reliability, accuracy and durability of our products. These DTS systems provide a practical and cost effective solution to monitor the downhole status of production wells in some of the most vital petro hubs in the world."
Daan van Laar, Key Account manager of LIOS Technology added, "The value of the online data enables rapid intervention benefiting directly in project economics. Installing our DTS increases well and reservoir surveillance adding up to the economical value of new projects"
LIOS Technology GmbH will be exhibiting product highlights at the Houston Offshore Technology Conference 2008, Houston, 5th - 8th May - German Pavilion No. 4716.
This and further press releases can be seen on our homepage http://www.lios-tech.com
http://www.downhole-monitoring.com
About LIOS Technology:
LIOS is a dynamic global acting company based in Cologne, Germany, it is a member of the NKT group, which operates throughout the world. LIOS is the global leader in supplying state-of-the art high-tech fibre optic sensors in various market segments as Fire detection in road and rail tunnels, High voltage cable monitoring and Oil & Gas field.
Achievements:
LIOS Technology is actively deploying its sensor technology and has already equipped successfully more than 1700 permanent system installations worldwide.
For more information please contact:
LIOS Technology GmbH
Mr. Daan van Laar
Schanzenstrasse 6-20
51063 Cologne
Germany
Tel: +49-221-676-2344
Mobile: +31-6-14439975
Fax: +49-221-6762069
E-mail: daan.vanlaar@lios-tech.com
Web: http://www.lios-tech.com
Contact at the Houston Offshore Technology Conference (OTC) 2008
Mr. Daan van Laar
Hall A/B, German Pavilion No. 4716
For more information please contact: LIOS Technology GmbH, Mr. Daan van Laar, Schanzenstrasse 6-20, 51063 Cologne, Germany, Tel: +49-221-676-2344, Mobile: +31-6-14439975, Fax: +49-221-6762069, E-mail: daan.vanlaar@lios-tech.com. Contact at the Houston Offshore Technology Conference (OTC) 2008, Mr. Daan van Laar, Hall A/B, German Pavilion No. 4716
