Roxar to Develop Wireless Pressure Monitoring Instrument System

Roxar, which was purchased by CorrOcean in July, has signed a NOK 20 million contract for a Joint Industry Project (JIP) with Norsk Hydro Produksjon AS and Statoil ASA. The JIP is for the development of a wireless pressure monitoring instrument system.

The purpose of the new instrument system is to monitor the pressure in the annulus B (annulus between the two inner casings) to verify the well's integrity. The benefit of the new system will be to allow a continuous control to be made over the lifetime of the field and without having to shut down oil production. To verify the integrity of the annulus B is an industry safety requirement. As more wells are using gas lift (gas present in annulus A) this becomes even more important seen from a safety and environment protection point of view.

This contract represents an important first step in developing a new product as well as developing a future technology which, given technical and commercial success, will be an important technology platform for Roxar's technology development for sub-surface sensors in the next decade. The work will commence autumn 2007 and the plan is to deliver a qualified commercial product by the end of 2010. The long development period is representative for the ground breaking technology which is intended to be developed.

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