FourPhase is revolutionising the way produced solids are managed in order to help our clients deliver a step change increase in production, while reducing cost per barrel.
There are four phases in the production of oil and gas. The separation of the first three – oil, gas and water – are well managed but until now, the management of produced solids has often presented a problem. FourPhase is focusing on the fourth phase – solids. We view choked-back wells as an opportunity to quickly and cost-effectively add barrels and reduce the need to shut-in production to carry out well interventions or work-overs. Put simply, our sole aim is to use our unique, patented and field-proven equipment to enable safe, continuous production from our clients’ wells.
We have also strengthened our management team and have recently welcomed on board our new CEO – Geoff Holmes. Geoff has 25 years of Industry experience and will focus on further developing our business internationally. Øyvind Heradstveit has become COO and will be focusing on continuous improvement of our operations.
We will also change our e-mail addresses to Firstname.Lastname@fourphase.com. The old e-mail addresses will continue to be operational for the foreseeable future. Our new web domain is www.fourphase.com. We will be launching a new website with an updated functionality and content. Your contacts within the company will remain unchanged.
We are looking forward to continuing our relationship with your company under our new name.
Chairman of the Board