Please enable Javascript to view this content.
Finance & Investing
News Services
Newsletters
Get free industry updates via email.
Daily News
Weekly News
Equipment Updates
Weekly Job Register
Monthly Event Guide
Our privacy
pledge.


Please enable Javascript to view this content.
advertisement

Oil Firms Support Norwegian Robot Rig Technology

change text size

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.


 

 



Have a news tip? Share it with Rigzone!
Email news@rigzone.com.


WHAT DO YOU THINK?

Post a Comment Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.

Related Companies
Please enable Javascript to view this content.

More from this Author
Rigzone Staff
e-mail us at news@rigzone.com
 -  Bridge Energy Production on Track (May 23)
 -  Rig Secured for Malta Area 4 Drill (May 23)
 -  Lundin's Carlsberg Well Comes up Dry (May 23)
 -  Fabricom Moves to Bigger Aberdeen Offi... (May 22)
 -  Tangiers Executes Farm-Out Agreement (May 22)
Most Popular Articles
From the Career Center
Jobs that may interest you
Inspection Services Coordinator
Expertise: QA / QC / Inspection
Location: Calgary
 
QHSE Manager
Expertise: Environmental Safety & Training, HSE Manager / Advisor, QA / QC / Inspection
Location: Houston, TX
 
Power Generator Technician with CNG Experience
Expertise: Mechanic
Location: Williston, ND
 
search for more jobs