Magma and Victrex partnership breaks record

Magma Global Ltd has developed the flexible m-pipe® technology, the latest of which is both the largest and longest VICTREX® PEEK-based structure ever, achieved with the expertise of Victrex. It can be deployed to depths of 10 000 ft (3000 m) and handle pressures of up to 15 ksi. The composite pipe combines VICTREX® PEEK, high-grade carbon fibre and S-2 glass fibres to form a reliable subsea intervention line that meets the demand for a hydraulic pumping system that can handle high pressures and high flow rates.

Charles Tavner, Commercial Director at Magma Global Ltd, said: “Thanks to partnering with Victrex, we have been able to successfully develop our 10 000 ft solution for hydraulic pumping and light well intervention in the Gulf of Mexico. VICTREX PEEK polymer’s high performance, and their material and processing expertise, has supported the new record-breaking flexible and spoolable m-pipe® for the oil and gas industry.”

Magma is offering its m-pipe® and integrated deployment package as a vessel back-deck system for rapid hydraulic light well intervention. The Magma deployment system has a modular reeler with m-pipe® intervention line pipe handling system, built-in tensioner, level wind, controls cabin, hydraulic power unit, installation platform and winch, for rapid pipe deployment and retrieval. The m-pipe® is a composite material based on VICTREX® PEEK polymer, carbon and glass fibres.

The m-pipe® in the new Magma deployment system offers:

• Capability to handle high temperatures.
• Ability to deal with pressures up to 15ksi.
• Deep water capability down to 10 000 ft.
• Excellent fatigue life for thousands of reliable deployments.
• Light weight for ease of installation and reduced pipe stress.
• Smooth PEEK bore for efficient and rapid flow of intervention fluids.
• Resistance to well completion and stimulation fluids and gases for operational reliability.

“Our VICTREX PEEK-based m-pipe® and deployment system offers regular, reliable low-cost hydraulic well intervention, and can be rented as a complete deployment package from Magma, on either a short-term campaign or annual contract basis. m-pipe® reduces the cost of intervention at a time when the oil and gas industry is extremely challenged on operational costs, and is also striving to achieve efficiency and reliability. The Magma system is designed to minimise mobilisation time and maximise vessel utilisation by reducing hydraulic pumping time, reducing intervention costs by up to 30%,” said Tavner.

Edited from press release by Angharad Lock

Read the article online at: https://www.worldpipelines.com/product-news/27042016/magma-and-victrex-partnership-breaks-record-610/