Kuala Lumpur, 17 October, 2019— MIT Technologies, a leading provider of downhole intelligent products for upstream oil and gas sector, is pleased to announce the launch of its new and innovative product for oil well completion, the D Valve.
The company was honored with inaugurating the D Valve launch by En. Rahimi Hj Wahab Wells Manager Petronas Carigali.
D Valve is a fit for purpose completion valve developed in collaboration with the Completion team of Petronas Wells Center of Excellence (COE/Wells-Completion) inline with Petronas VDP InnoTech program.
Petronas COE/Wells team’s drive to enhance completion deployment efficiency through intervention-less technology was the catalyst to develop the D Valve.
1st generation of D Valve is rated V-3 Bi-Directional Barrier up to 5,000 PSI, 150°C, an adjustable release pressure, and will incorporate a specially designed Wireline Entry Guide. D Valve will advance well construction operations
while improving overall well delivery economics through its unique intervention-less system that facilitates string integrity testing and packer setting prior to valve activation, preparing the well for production.D Valve has passed through rigorous tests in compliance with API 11D1 as a v3 and successfully passed TRL4. Field test is lined up during the next months.
The launching event was attended by CEO Malaysia Technology Development Corporation (MTDC), CEO Malaysia Petroleum Resources Corporation (MPRC), CEO Technology Park Malaysia (TPM), former CEO of Small & Medium Enterprise Corporation (SME Corp) & president of Arab Malaysia Chamber of Commerce (AMCC), Deputy Director of Malaysia Investment Development Authority (MIDA), representatives from Malaysia External Trade Development Corporation (MATRADE), Petronas completion team members, and many friends from the industry.
For more information on D valve contact us at: D-Valve@MIT-Technologies.comD Valve Launch:
Guests Arrival
Tour to Manufacturing Shop
Company Tour