Energy Ventures has announced its investment in Abrado Wellbore Services.
The funding will support the development and commercialization of Abrado’s video-based diagnostic technology services plus expand the deepwater wellbore cleanout tool fleet and chemical displacement product line, according to a news release.
Abrado Wellbore Services’ e-line Downhole Video Diagnostics technology development is focused on high data-streaming and superior wellbore illumination. The DVD Service, plus its combined suite of wellbore cleanout tools, displacement chemicals and engineering services provides a full-service Total Displacement Management Service (TDMS) package, the release stated.
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