Wikipedia
Welltec is an international provider of robotic, well intervention solutions and completion products for the oil and gas industry. The company's flagship is the “Well Tractor”, a remote-controlled device that is able to convey other intervention tools on wireline in order to evaluate, modify or improve the well's performance. The Well Tractor, celebrating its 20th year anniversary, enables operators to run operations on wireline with high precision over the entire length of horizontal and highly deviated wells.
Services range from logging and perforation to mechanical services such as plug pulling/setting, valve manipulation, clean-up, milling and many more. It is universal in that it is compatible not just with other Welltec equipment but also with any 3rd party e-line provider's tools.
In 2012, Welltec entered the well completions business with its unique, expandable metal annular barrier. Its primary product in this segment, the "Welltec Annular Barrier (WAB(R))" has won acclaim and a technology award for its innovation.
The company was established in 1994 and today, despite the downturn, has over 25 offices worldwide and employs more than 700 people.