Peak extends Multi-Action Tool Portfolio for Slickline Operations

Peak extends Multi-Action Tool Portfolio for Slickline Operations

Peak Well Systems has developed a new Multi-Action Pulling (MAP) Tool which will further simplify offshore slickline operations and reduce inventory. Unlike all other competitor products, the Peak MAP Tool is able to pin up, release or recover a wide range of downhole equipment fitted with external fishnecks without the need for any additional specialised tooling, thus simplifying inventory, improving operational efficiency and reducing overall cost.

The new MAP Tool compliments Peak’s existing range of Multi-Action Tools, designed to increase functionality and flexibility for slickline operations.

The design of the Peak MAP Tool features a unique and robust latch system to tackle a range of external fishnecks with varying threads and lengths.   Powerful latch fingers together with an adjustable core extends the reach of the Pulling Tool, giving it a short, medium and long reach capability suitable for any situation.

Further flexibility has been introduced with three different run options: Jar Up, Jar Down or Double Jar Down modes to release the fishneck in hole and eradicate the risk of prematurely shearing the pins.  This is the first time that the Double Jar Down option has been made available in a universal pulling tool.

The Peak MAP Tool replaces the functionality of six different tools used currently.  A fully adjustable core means it can adjust its reach to suit any fishneck and an external latch release sleeve allows the tool to quickly release at surface with no special tooling required.  The Peak MAP Tool also incorporates its own priming mechanism and does not require a separate pinning tool to compress the main spring in order to fit the shear pins.  Moreover, the Peak MAP Tool also has identified catch positions for all fishing neck configurations from Rope Socket, to Sucker Rod to all proprietary quick lock connections.

Gus Brown, Head of Engineering at Peak Well Systems, commented: “The development of the Peak MAP Tool has been in response to considerable demand within the industry for a single pulling tool that would be effective in any situation, whilst still retaining the same reliable results as the six different tools currently used.”  He added: “The Peak MAP Tool incorporates a number of interesting design features such as two shear pin size options to vary the shear force required to release thus increasing functionality, and a provision for Bell Guides for improved accuracy.”

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For more information and photography/graphics, please contact Lyndsay Avern at l.avern@peakwellsystems.com / Tel +61 8 9270 0500 (Australia)

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