28 February 2017

Interventek Agrees Exclusive Gulf of Mexico Supply Deal with PRT for its 15k In‑Riser Revolution Valve

Interventek Agrees Exclusive Gulf of Mexico Supply Deal with PRT for its 15k In‑Riser Revolution Valve

Example illustration of Interventek’s in‑riser Revolution valve.

Interventek Subsea Engineering has signed a two year exclusive deal with Louisiana based Professional Rental Tools LLC (PRT) to supply its innovative in‑riser Revolution valve for well intervention operations in the Gulf of Mexico. Interventek will supply its 6.375” 15,000psi valves to PRT this summer.

Interventek’s Revolution shear and seal valve will be used to enhance PRT’s existing subsea systems offering. The PRT Subsea Spanner Joint System interfaces with the rig BOPs, subsea tree vendor tubing hanger running tool (THRT) and downhole functions during installation, workover or removal of subsea completions. The system is designed for deep water and high working pressure applications. The addition of the Revolution valve enables the user to cut wire or coiled tubing introduced into the well and provides a seal from below after the cut. The valve also offers pump through capability to facilitate well kill operations.

Interventek’s next generation, award-winning, Revolution valve has multiple well control applications. In a single compact device the valve uniquely provides the capability to quickly and reliably cut all types of intervention media whilst protecting the integrity of its seal. The technology uses separate cutting and sealing components so that the seal is never compromised. Resilient seals avoid the use of vulnerable elastomer components for fluid containment, enabling use in HPHT and large bore applications. External rotary actuators provide a superior cutting force for the very strongest of intervention media and hydraulics are kept separate from the wellbore. This simple, reliable design can be scaled to meet all well bore sizes and operating pressures including 20k. It is quick to manufacture and provides easy access to components, dramatically reducing the cost of ownership. No other safety valve on the market offers this unique combination of benefits.

Commenting on the new partnership, Stuart Ferguson, Chairman of Interventek said: “We are delighted that PRT has recognised the significant operational and safety benefits of our unique, next-generation Revolution valve design. Deploying our valves in the Gulf of Mexico will allow us to gather additional subsea experience and an operational track record on the back of our already extensive technology trials, testing and application development. This is the first step towards broader subsea market adoption and we look forward to working with PRT and helping them deliver enhanced services to their customers over the next two years and beyond.”

PRT chief operating officer and president, Patrick Placer commented: “The design advantage of the Interventek Revolution Valve has allowed it to be easily integrated into the PRT existing Spanner Joint System and offers our customers the additional benefit of being able to cut wireline or coiled tubing and then seal. Through this exclusive partnership, PRT brings to market an enhanced Spanner Joint System giving our clientele more choices and operational benefits.”