Coiled Tubing is a continuous length of steel pipe that is wound on a spool. It is used in the oil and gas industry for various applications, including drilling, well intervention, and production operations. The flexibility of coiled tubing allows it to be inserted into wells without the need for traditional drilling rigs, making it a more efficient option for certain tasks. This technology enables operators to perform tasks such as hydraulic fracturing, acidizing, and well cleanouts with minimal downtime. Coiled tubing can be deployed quickly and is often used in both onshore and offshore environments, enhancing the overall productivity of oil and gas extraction processes.