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FloTech participated in the first industrial Technology Forum on Passive Inflow Control Devices, PICT, held in Bahrain.
FloTech Ltd installed their second FloMatik completion in the Middle Eastern oil well.
FloTech Ltd installed the first FloMatik completion Inflow Control Device (ICD) in the Middle East, along with Open Hole Mechanical Packers, in a work over well.
PLT surveys were performed in the first FloMatik installation well in the Middle East. The survey confirmed that the oil rate had increased by 200% and water cut reduced from 30% to 6% significantly improving well performance.