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Silixa's innovative solutions win 2020 World Oil awards

Wednesday, October 21, 2020

On October 15, 2020, at the 2020 World Oil Awards, Silixa garnered significant industry recognition by winning the prestigious World Oil award in two categories: in the category of Best Deep Water Technology and New Horizons Idea.

The Best Deep Water Technology award for the company's Carina® Subsea 4D solution, the world's first permanent ultra HD in-well seismic data acquisition system for subsea wells which allows operators to perform more frequent seismic acquisitions at a much lower cost, enabling them to accelerate production and increase ultimate recovery, was accepted by Garth Naldrett, Chief Product Officer.

'To be receiving this award today makes us extremely proud. Our Carina Subsea 4D system provides a vast amount of real-time data in an environment that normally only had a few measurement points available. This provides a big improvement in the efficiency of developing subsea fields not only for hydrocarbon extraction, but possibly even more importantly to ensure and monitor the safe storage of carbon in subsea fields. We would like to thank our customers, partners, our development team who spent many years to develop this technology, our dedicated operations team and of course World Oil. '

The New Horizons Idea award was presented to Silixa for its Carina XwellXpress solution. This low frequency strain and microseismic monitoring service accurately locates microseismic and strain events in real-time through cost-effective and flexible wireline intervention, allowing operators to improve stimulation and completion designs that maximise ROI without the need to place permanent cables in the well. The award was accepted by Pete Richter, Vice President North America.

'It is absolutely amazing to have won the award. Silixa has always been in the forefront of innovation in distributed fiber optic sensing. When we had the first test results from Carina XwellXpress we knew we had something that could potentially change the industry. It has definitely been a team effort and I would like to thank our founders and the technical team who had developed the Carina® Sensing System as it is this system that enables us to provide unmatched data quality. I would also like to thank our management, our field people and all the operators we were involved with during the process of developing this game-changing service. They had a tremendous impact, and the service is what it is today because of them. On behalf of Silixa I would like to say thank you for this award; it is truly a great honour. '

Recognized as one of the industry's most coveted, World Oil Awards recognize the innovations and innovators of the global upstream oil and gas industry. All awards demonstrate technical achievements that move the industry forward.



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