For Immediate Release – 11 March 2020:

Phoenix International Holdings Inc. (Phoenix) is pleased to announce the recent execution of a mudline tree recompletion for Walter Oil & Gas in the Gulf of Mexico. Utilizing our Atmospheric Diving System (ADS), the project took place over 15 days, in two phases, operating at a water depth of 200 fsw. The first phase of the project saw the successful removal and recovery of the subsea tree from the wellhead and installation of a new radial bolt adapter. In the second phase, the bolt adapter was removed, and a new mud line tree installed. In both phases, an Installation and Workover Control System (IWOCS) umbilical was connected, testing monitored and then removed.

Commenting on the success of the project, Jon Regh, Area Manager for Phoenix stated, “Our ADS is the perfect solution for mudline tree operations due to its ability to mobilize quickly and work at different depths during the same dive.” He continued, “Additionally, since the ADS system has such a small footprint, Phoenix was able to utilize the drill rig as a dive platform thereby providing valuable cost savings to Walter Oil & Gas for the project.”

Phoenix is an employee-owned, ISO 9001-2015 Management System certified marine services contractor providing manned and unmanned underwater solutions, design engineering, and project management services to a diverse set of clients worldwide. Expertise is available from one international and eight U.S. offices in the areas of submarine rescue, wet and dry hyperbaric welding, Nondestructive Testing (NDT), subsea engineering, conventional and atmospheric diving, Autonomous Underwater Vehicle (AUV), and Remotely Operated Vehicle (ROV) operations. Company capabilities are directed to underwater inspection, maintenance, and repair; deep ocean survey, search and recovery operations; submarine rescue; construction; subsea tieback; plug and abandonment; subsea mining; archaeological; and documentary projects.

For further information please contact Tracie Ross (tcross@phnx-international.com) Tel: (281) 815-8050 or view our web site: www.phnx-international.com.