August 2010: Reelwell - winner of ONS 2010 SME Innovation Award

Quote from ONS:
The ONS 2010 SME Innovation Award is presented to REELWELL.
- for its research-based innovations
- The Reelwell Drilling Method and Telemetry System

This innovative method facilitates the cost-effective drilling of both exploration and production wells targeted beyond conventional reach, and offers major improvements in safety and environmental protection.

Reelwell has worked continuously on these innovations for a number of years - initially as a one-man research-based company. Today the company has grown into a team with great ambitions following this year's successful breakthrough into the market with its first commercial sale.

The ONS Innovation Awards reflect our long-standing commitment to the presentation and promotion of innovative ideas. Companies exhibiting at ONS have consistently demonstrated that nothing is impossible. Advances in technology continue to break new barriers, and we are proud of our role as a key arena for showcasing innovation.

A total of 117 entries have been evaluated by the international Innovation Awards Committee.
Unquote

Download Reelwell press release. (1 page, 0.3Mb pdf-file)

Some follow-up articles on the subject:
"Innovasjonspris til FMC og Reelwell" - Teknisk Ukeblad
"Reelwell, FMC, Smedal win Innovation Award" - OffshoreMag
"Innovasjonspris til ny boreteknologi" - Forskningsrådet.no
"Disse fikk ONS 2010 Innovation Award" - Innodesign.no
"Vi kan bore fra land i Lofoten" - Aftenbladet.no