Statoil, ConocoPhilips and Norske Shell are teaming up with WeST Drilling Products to help develop a new fully-robotized drilling technology.
The ‘Continuous Motion Rig’ technology enables continuous drilling and, promises WDP, “substantial efficiency improvements” that will result in cost reductions. Additionally, the CMR technology can help achieve several well-related improvements, including better pressure control and reduced differential sticking.
The pilot project will see WDP build a drilling rig that will not only demonstrate CMR but also enable technology from other companies to be tested. The research rig is also expected to strengthen the drilling technology cluster in the Stavanger region.
With a development budget of $33 million (NOK 190 million), including a grant from the Norwegian Research Council of NOK 40 million, the project will have three chief goals: new field development on the Norwegian Continental Shelf through new and cost efficient technology and implementation models; increased safety for implementation within budget and plan; and new Norwegian industrial products for sale around the world.