EV Introduces Innovative Video Technology

EV, a specialist in downhole video technology, has launched its IVC (Integrated Video Caliper) product to the well intervention market, which provides real-time answers to well integrity issues.

Following two years of development and extensive, successful field trials in Canada, the innovative technology has been launched globally. IVC integrates market leading qualitative and quantitative sensors in a single electric line tool string to enable oil and gas operators to diagnose issues in the well instantaneously.

IVC is based around EV’s proprietary telemetry, which transmits data at up to speeds of 300 kbps on a mono-conductor electric line, more than three times that of industry standard systems. Using the high data rate capability, EV joins streaming colour video with multi-finger caliper measurements to deliver a true diagnosis tool.

While running in the well, EV’s Optis HD e-line camera provides an overview of the well jewellery and features. Both downview and sideview colour cameras stream video at up to 25 frames per second, making it preferable for assessing corrosion in pitting and holes.

Once at the bottom of the completion, the 24 arm multifinger caliper is opened to provide a quantitative assessment in tubulars from 2 3/8 inch to 7 inch.

Francis Neill, EV Chief Executive, said: “Launching the IVC underpins our position as market leader in downhole video technology. At a logging speed of 10 meters per minute, IVC has an industry leading consistent vertical resolution of 3mm. When utilised, the product plays a vital role in the diagnosis of global assets meaning clients can identify and repair problems quickly, saving time, money and reducing risk in the recovery of assets.”

Having achieved 109% increase in sales over the past three years, EV was placed in 18th position in The 2014 Sunday Times Hiscox Tech Track 100 league table, which ranks Britain’s private tech (TMT) with the fastest growing sales.

He continued: “We have achieved significant growth this year and we now operate in 25 countries worldwide, being ranked in 18th position in the Tech Track 100 league table further adds to our recent achievements, and we are proud to have achieved such a high rating amongst a number of emerging UK technology brands. We continue to invest heavily into the research and development of our technology to provide clients with a range of options to surpass varying requirements.”

Press Release, September 24, 2014