Prong Equipment News

Red Spider Secures Offshore Order

Red Spider, the Remote Open Close Technology specialist, has completed its biggest-ever deal with work valued at £1.5million to supply new products for well completion operations. The agreement involves Red Spider supplying eRED-FB products with deployment scheduled for this summer in the UK North Sea. The eRED-FBs will be used for a series of subsea dual ESP (Electric Submersible Pump) wells and will allow the removal of all wireline runs from the completions operations. ERED, Red Spider’s first tool to use its patented ROCT for remotely operating downhole valves, has been used by more than 20 operators, resulting in significant risk reduction and maximizing production time by removing wireline runs from operations.