NEOWELL
Andrey Arbuzov is an accomplished professional in the oil and gas industry, currently serving as Chief Executive Officer at NEOWELL since October 2021, where innovative remote flow control technologies aim to generate substantial revenue from a reduced number of wells. Prior experience includes a tenure as Chief Technology Officer at TOTA Systems, focusing on intelligent well completions and monitoring systems, and a decade at TGT Oilfield Services, where Andrey held various roles including Head of Research and Development and Head of Corrosion Logging Department, contributing to advancements in defectoscopy and data processing. Andrey's academic background includes a PhD in Theoretical and Mathematical Physics and a Bachelor's degree in Technical English, both from Kazan State University.
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NEOWELL
Every year 6,000 oil & gas wells are drilled in Russia, generating $14B in revenue. The NEOWELL remote flow control technologies will generate the same revenue from 4,000 wells. 30% fewer wells, less cost, and less environmental impact. One online electric valve, allows you to start producing oil and gas a week earlier and earn an additional $3M per well.