Hunting inks Interventek well intervention valve license

Interventek Subsea Engineering has awarded a sole license for its new surface well intervention valve to international energy services specialist, Hunting Well Intervention. The product will join Hunting’s pressure control equipment portfolio and will be called the Ezi-Shear Seal.

Bruce Ferguson, Hunting managing director for Europe and Africa (pictured left) with Stuart Ferguson, chairman of Interventek Subsea Engineering signing the license agreement. Image from Interventek.

The unique valve incorporates Interventek’s ‘Revolution’ technology and provides a compact, reliable and fast mechanism for the shearing of slickline, wireline and coiled tubing to isolate or seal the wellbore. It also offers a cutting and sealing capability for standard, offshore or high-pressure applications where an additional level of pressure barrier contingency is required, the company said.  

The compact design allows for deployment through a standard offshore intervention hatch cover, negating the need to remove main hatch covers. Its use also reduces heavy lifting and potential shutting in of adjacent producing wells.

“We are delighted to award Hunting the sole license for our surface well intervention valve. Hunting is the ideal company to bring this product to market with its global presence, commitment to innovation and dynamic performance improvement philosophy,” Stuart Ferguson, Interventek Subsea Engineering chairman said. “This unique product is the only surface valve in our range and incorporates our next generation shear and seal Revolution technology, offering multiple advantages over rival products. We look forward to seeing the industry as a whole benefit from both parties’ forward thinking, innovation and collaboration.”

“We believe there is a gap in the market for a product of this type with its cutting and sealing capabilities far outweighing those of other equipment currently available. Interest in the valve has already been high and we’re looking forward to helping this increase in coming weeks,” Alan Reid, Hunting managing director said.