Finalist for Innovation Award
West Group among five finalists for the ONS 2012 Innovation Award.
The ONS Innovation Award
The prestigious ONS innovation awards recognise the crucial importance of cutting-edge products and solutions. The future of the international oil, gas and energy industry depends increasingly on its ability to develop new technologies.
The jury’s word:
“West Drilling Products AS has invented and patented a new generation drilling technology called Continuous Motion Rig (CMR). The technology promises a significant breakthrough in drilling efficiency, cost savings and well safety. The technology has the potential to reduce drilling time by 50% and overall drilling costs by 40-50%. The main principle involves the continuous running of jointed drill pipe and casing, thus enabling uninterrupted drilling while maintaining circulation. The technology facilitates Underbalanced Drilling, MPD and full snubbing capabilities,and will become the first fully robotised drilling rig.”
CEO of West Group, Odd B. Skjærseth expresses gratitude to the jury.
-It´s a great honour to be one of the selected finalists among so worthy and strong competitors.