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WACORP and Versa-Line joint venture to improve process for oil and gas well decommissioning in Alberta

Christian Fernsby |
Wireline Abandonment and Completion Corp (WACORP) announced the joint venture between WACORP and Vera-Line Services.

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This joint venture combines WACORP’s research and development with Versa-Line’s operational expertise to revolutionize the process for decommissioning abandoned well sites in Alberta, making it safer and more efficient.

WACORP’s innovative technology, the K-WAT tool, functions by utilizing wellbore fluid for hydraulic operation, eliminating the need for pressurized lines, explosives and testing equipment on surface abandonment.

Operationally, the time savings are substantial, taking a multi-zone abandonment process from three days to under one day. The minimal footprint and lack of explosives vastly reduces safety risks, and in partnership with Versa-Line's operational expertise, reduces equipment requirements and increases efficiency.

“WACORP and Versa-Line’s goal is to improve the overall quality and integrity of well decommissioning, with the smallest environmental footprint possible,” says Peter Knight, President, WACORP.

“The K-WAT tool drastically lowers operator expenses and time spent on each well while providing a much smaller operational impact on the site. This not only upholds our environmental standards, but also provides a safe and more economical way to tackle this massive abandonment challenge.”

There are approximately 170,000 abandoned wells in Alberta, many of which are costly to decommission, leading to a significant demand for innovation and efficiency improvements in the sector. The K-WAT tool is an industry first that is paving the way for efficient rigless abandonment technology.


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