03/06/2026
Axter was born from a challenge the industry knew all too well 💡
Back in 2015, operators were searching for better ways to reduce the high costs and complexity tied to plug and abandonment operations, especially around the removal of control lines and gauge cables.
Traditional methods required rigs, vessels, multiple interventions, and significant operational resources.
Axter was created to change that.
Our wire-based technology introduced a smarter approach to P&A:
✅ Faster operations
✅ Lower costs
✅ Reduced environmental impact
What started as an industry need became the foundation for a new generation of well abandonment technology.
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💫 Vy Strategy