By KUNLE KALEJAYE

To maximise oil reservoir production from petroleum activities, Baker Hughes Nigeria said it plans to introduce a series of technologies that will reduce cost and ensure shorter scheduling time for oil and gas exploration, evaluation and production.

Baker Hughes said some of the new technologies, Brownfield rejuvenation and production enhancement, will be introduced first to Marginal Fields Operators, MFOs, due to their limited access to some technologies in oil production.

The company also offered to introduce an integrated service or a one-stop-shop service ranging from pressure pumping, cracking, drilling and lots more.

Speaking on the new technologies, the company’s Manager, National Content, Government Relations and Business Development, Ms. Charlotte Essiet-Oduah, said the company embarked on the provision of the integrated services to help clients reduce costs and scheduling time for oil and gas production.

She said the new technologies, which would be unveiled later this month in Lagos, would also provide oil industry operators accuracy of reservoir, logging and data acquisition results.

The move is to ensure that Baker Hughes is responsible for every operation from reservoir to production.

“When you have various contractors, who are doing all these for you, it becomes very expensive and that is the truth. But if you have one contractor, who is doing all of these for you, one of the major advantages that you will get from these integrated services that we are proposing is discount.

I cannot categorically tell you how much discount we will offer you but the operators who are currently speaking to us for integrated services understand what I am talking about – companies like Sheba Petroleum, Seplat and Midwestern Oil,” she explained.

She disclosed that local and foreign experts would gather in Lagos later this month on the occasion of Bakers Hughes’ Techno Day to showcase the series of technologies in the portfolio of the company.