In order to maintain integrity and pressure in oil and gas well, companies in the region are adopting control flow choke and ensure that output doesn’t fall fast. Control choke flow is gaining traction in the oil and gas industry in the US to control the production and avoid steep decline, while maintaining the output. Oil and gas wells in the region are equipped with valves that can open and close to control the flow of oil and gas.
In order to stave off a collapse in oil and gas production, control flow choke is one of the strategies being used by manufacturers. Choke is installed at wellhead or downhole to control pressure and flow. Adjustable choke allowing changes in the size of the opening is finding wide application in oil and gas wells in the US. In the last decade, two phase flow meters have been introduced in the region, however, owing to the technical and economic issue, the control flow choke gained traction to estimate well production rate.
New oil and gas projects are on a rise in the US along with the boost in construction of new pipelines for transporting oil and gas in order to meet growing demand from various industries. With price of oil steadily trending upwards, major energy companies in the US are focusing on investing in new infrastructure projects. However, recent sanctions by the US in Iran have cooled the oil price. Meanwhile, most of the recently drilled wells are using control flow choke in the producing well, to curb early production.
Moreover, with the rise in multiphase flow occurring in oil and gas wells, companies are focusing on using chokes as flow controllers in oil and gas wells. While selecting the choke for well, special focus is being given to the choke size, owing to the high sensitivity of oil and gas production to the choke size. To manage the production of oil and gas, operators are focusing on choke management strategies, these strategies vary significantly based on the fluid pressure, velocities, completions, and wellbores.
Maximizing existing well productivity by minimizing sand production, formation damage, and reducing multiphase flow impact are the key focus areas for selecting control flow choke. The demand for carbon-steel based control flow choke is growing significantly by oil and gas well operators in the US owing to the hardness, strength and relatively inexpensive as compared to other materials.
With advancement in technology, smart control flow chokes are being developed. Moreover, Electric chokes, reducing system complexity and cost, while simplifying testing along with sensors for condition monitoring and production management are finding wide application in wells across the region. Featuring compact design and less maintenance, electric chokes gaining popularity in oil and gas production, especially in deep and ultra-deepwater fields in North America. Allowing seamless integration between wellhead, inner wells, and subsea production, electric choke accepts commands to adjust control flow choke opening, thereby, simplifying the operation along with better flow control.
The players operating in the control flow choke market in the region are focusing on increasing investment in developing new control flow choke using corrosion-resistance materials. Setting up new production units in the ASEAN regions, owing to the robust growth in oil and gas, chemical processing, and power generation industry.
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