NEWS & INSIGHT | article
Technology Forum helps unlock future oil and gas developments
21 Live Projects
In partnership with Infinity Oilfield Services, we’re developing a safety solution which could save UK North Sea operators up to £320 million. The device, which includes Kevlar, would contain corroded valve equipment to eliminate the risk of an uncontrolled hydrocarbon release, improving safety performance and potentially extending asset life.
We’re supporting Raptor Oil to transform the transmission of downhole drilling data to the surface. The company’s acoustic telemetry technology could increase the speed and capacity of data communication helping to drive efficiency, reduce costs and enable better decision-making.
(Right: The drill stem testing version of Raptor Oil’s advanced acoustic downhole modem tool)
We’re working with Interwell P&A and a host of major North Sea operators to field-trial a ground-breaking concept for well abandonment, which could save the industry more than £100 million per year. The wireline-deployed tool, which aims to be deployed without a rig, generates downhole temperatures of up to 3,000 degrees Celsius to melt all well elements and create a permanent, impermeable barrier, without the need to remove any downhole tubulars.
We’re helping Apollo and LifeTech provide digital applications for offshore teams, by developing a tablet-based, software solution for integrity management. It delivers integrity data and decision-making across the full lifecycle of an asset, allowing for quicker and more accurate data gathering and reporting, creating a potential 20% efficiency gain.
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