Each member of the Reelwell executive team has over 20 years of experience in the offshore oil industry. This includes time in international operations, new technology product development and the wider oil and gas industry.
Combining experience and innovative drive, DualLink has been born out of a desire to connect the downhole to the future by addressing key issues where other powered drill pipes failed.
Enable next-level drilling
performance by powering
More accurate well positioning
Faster, better informed decision making
Improved, predictable performance vs models
Link downhole and surface enabling the automated drilling machine
Reduced battery handling by personnel on rig
Measurements closer to the bit
Opportunities to develop new BHA tools and processes
Redundancy built in via multi-wire copper braid
Robust field replaceable connectors
Less reliance on mechanical components increases BHA reliability and productive drilling
Benefits for offshore operations
According to Rystad Energy, wired drill pipes and sensor technology will lead to a number of efficiencies:
INCREASE IN RECOVERY
It's estimated that an increase in recovery factor of 10 points would represent a 20% increase in total recovery.
Improved visibility of the downhole environment and dynamics to the drilling team could deliver an efficiency gain of about 5%. Further efficiencies can be made when wired pipe technologies are combined with innovations such as automated drilling.
REDUCTION IN NPT
A reduction in NPT (Net Production Time) of 2% should be achievable.
N.B. NPT currently makes up around 15% of well costs (according to the Oil and Gas Authority UK)
REDUCED CO2 EMMISSIONS
Reduced use of drilling rigs directly lowers emissions. Emissions from development drilling could reduce by as much as 7%. This equates to about 1.2 million tons of CO2.