WellDog and tQ Automation sign MOU to bring coalbed methane technical services to Indonesia
Alliance is directed at providing best-in-class technical services to emerging Indonesian CBM market
WellDog and tQ Automation announced today that they have signed a Memorandum of Understanding under which tQ Automation will support introduction of WellDog’s suite of technical services to the fast-growing coalbed methane (CBM) market in Indonesia.
“We are very excited about this partnership as it allows us to bring a broader array of quality services to our CBM clients in Indonesia,” said Iqbal Latheef, Managing Partner of tQ Automation. “Moreover, we are especially excited to bring US technology to Indonesia that will help accelerate the development of their CBM initiatives and more efficiently reach their production goals.”
The MOU covers all of WellDog’s business lines, including its award-winning pre-production gas testing services, its established pressure monitoring sales and installation services, its new permeability testing services, and its reservoir engineering services, as well as its business line based around a sustainably-focused downhole water/gas separation and re-injection technology.
“The Indonesian CBM industry is being asked to not only supply energy for domestic use but to help support the energy needs of the rest of Asia, as well,” said John M. Pope, Ph.D., president and CEO of WellDog. “Our technical services can enable operators to produce more natural gas with less environmental impact. We expect formalizing our alliance with tQ Automation will provide the local support necessary to initiate full operations in country.”
tQ Automation acts as a well optimization consultant and technology transfer agent for a number of established oil and gas service companies in Indonesia. They are currently serving customers in CBM and traditional oil & gas projects throughout Indonesia. tQ Automation also operates locally in Jakarta via its Indonesian subsidiary, PT. Lintas Masa.
According to the US Department of Energy, Indonesia is the world’s second largest exporter of coal, and the third largest exporter of liquefied natural gas. It is also the world’s third fastest growing economy. Recent entry by BP, Exxon and Total has been widely heralded as initiating a growth phase for the Indonesian CBM industry.
