WeST Group CMR IRIS.pptx

Entrepreneur of the year 2013
IRIS Konferansen
Teknologiløft Boring og Brønn
CMR Morgendagens Boreteknologi
Odd B. Skjærseth - CEO West Group
Company Introduction
A true innovation power house focusing on step-change technologies for the petroleum industry
Three main product groups
About West Group
• 
Creates step-change technology
developments for the petroleum
industry
• 
Stated goal to significantly improve
drilling performance, P&A
operations and well production
• 
Products developed in close
contact with customers, tier 1
operating companies and leading
suppliers to the global energy
industry
• 
Founded in 2006
• 
HQ in Stavanger, Norway
Continuous Motion
Rig (CMR)
SwarfPak
StreaMax
Superior drilling
efficiency
Precise and ultrafast
milling leaving swarf
downhole
Flow assurance and
corrosion protection
• 
Well construction
without any
interruptions in the
drilling process
•  Precise and
ultrafast upwards
milling leaving
swarf downhole
• 
Creating significant
breakthroughs in
drilling efficiency,
CO2 reductions and
safety
•  Increases safety
and eliminates
vibrations and
swarf handling on
surface
• 
Reduces friction
and provides scale,
asphaltene and wax
prevention
• 
Protection
against,H2S
chemicals and acids
High temperature
and pressure
resistance
• 
2
Industry Support
WeST JIP Partners
(Largest ever contribution from The Research Council
of Norway)
3
CMR
SwarfPak
StreaMax
West Group awards and nominations
Selected WeST awards and nominations
Entrepreneur of
the year 2013
•  Entrepreneur of the Year in
2013 by Innovation Norway
•  Nominated in 2010
•  OTC Spotlight-winner in
2013 & 2014
•  Designed to showcase the
latest and most advanced
technologies that are
leading the industry into the
future
•  Nominated for
“Teknologibragden” 2014
•  Award organized by highly
recognised technology
journal Teknisk Ukeblad
•  Nominated in 2014
•  Recognised as “Gaselle” by
DN (Norway’s leading
business newspaper) in
2013
•  Stringent requirements for
growth, size and profitability
•  Finalist in 2010
•  Nominated in 2013
•  Largest Norwegian
Business Bank
•  Finalist in 2012
Innovasjonspris
4
CMR
SwarfPak
StreaMax
CMR at a glance
Continuous drilling with ground-breaking characteristics
About
CMR – the world’s first:
•  Well construction without any interruptions in the drilling
process
•  Pull drill pipe and run casing continuously with full
circulatio
•  Significant breakthroughs in…
Continuous drilling and
circulation
–  …drilling efficiency and cost reduction
–  …CO2 reductions
Continuous movement of drilling
tubulars, drillstring and casing
–  …safety for both well and personnel
Drilling technology allowing fully
autonomous drilling operation
Tripping speed up to 3,600 m/hr
vs. today’s top speed of 600-900
m/hr
Source: West Group
5
The West Group
technologies
CMR
SwarfPak
StreaMax
The CMR technology
Revolutionizing drilling
Continuous Motion Drilling
Robot
Source: West Group
6
CMR core technologies
CMR Drilling Robot
Rig Floor Robot
Continuous drilling
& circulation robot
Replaces top-drive
and tong
Replaces pipehandler and manual
rig floor handling
Replaces managed
pressure drilling
The West Group
technologies
CMR
SwarfPak
StreaMax
Proven Robot Solutions
 
2 robots on 7 axis for door opening and closing
 
4 robots on 14 axis for painting
 
7
7 robots on 32 axis for drilling
Passion for step-change technology
CMR product range
Includes land rigs, fixed rigs and floating rigs
Triple CMR rig
Double CMR rig
Single CMR rig
Land rigs
Floating rigs
Lifting Capacity: 2 x 125 Ton
Lifting Capacity: 2 x 125 Ton
Lifting Capacity:
From 2 x 250 Ton to 2 x 750 Ton
Tripping Speed: 0.5 m/sec - continuous
Tripping Speed: 0.5 m/sec - continuous
Tripping Speed:
0.5m/sec – continuous
Height of tower: 33 meters
Height of tower: 33 meters
Height of tower:
33 meters
Total weight:
Total weight:
Total weight:
375 Ton
150 Ton
150 Ton
Racking capacity: 12000 meters
Heave capacity:
500 Ton at 14 meter
Lifting Capacity: From 2 x 125 Ton to 2 x 200 Ton
Lifting Capacity: From 2 x 125 Ton to 2 x 200 Ton
Lifting Capacity:
From 2 x 250 Ton to 2 x 750 Ton
Tripping Speed: 0.75 m/sec - continuous
Tripping Speed: 0.75 m/sec - continuous
Tripping Speed:
0.75 m/sec - continuous
Height of tower: 40 meters
Height of tower: 40 meters
Height of tower:
40 meters
Total weight:
Total weight:
Total weight:
450 Ton
350 Ton
350 Ton
Racking capacity: 12000 meters
Heave capacity:
500 Ton at 14 meter
Lifting Capacity: From 2 x 250 Ton to 2 x 750 Ton
Lifting Capacity: From 2 x 250 Ton to 2 x 750 Ton
Lifting Capacity:
From 2 x 250 Ton to 2 x 750 Ton
Tripping Speed: 1.0 m/sec - continuous
Tripping Speed:
1.0 m/sec - continuous
Tripping Speed:
1.0 m/sec - continuous
Height of tower:
55 meters
Total weight:
550 Ton
Height of tower: 55 meters
Height of tower:
55 meters
Total weight:
Total weight:
550 Ton
550 Ton
Racking capacity: 12000 meters
Heave capacity:
Source: West Group
8
Fixed rigs
The West Group
technologies
CMR
500 Ton at 14 meter
SwarfPak
StreaMax
The lion’s share of phases for realising CMR completed
Development phase completed, building rig completed june 2015 commercialisation remaining
Overview of CMR timeline
2009
2010
Phase 1
Phase 2
Basic concept
developed
Feasibility study
of CMR 750t
drilling rig
Continuous drilling
operation
Activities
Autonomous drilling
operation
Increased tripping
speed
Safety and
environmental benefits
Tot. cost
(NOKm)
2011
5
Design criteria:
3,600 m/h tripping
speed, 800 m/h
casing running
capacity and
continuous
circulation (CDU)
10
2012
2013
Phase 3
Virtual CMR
rig
Building of
CMR Virtual
Rig including
CDU
2014
2015
Phase 4
2016
2017
Phase 5
Build a full scale CMR rig
Commercialisation
Design, fabrication and
demonstration of a CMR Super
double including CDU and
Automated Drill Floor
Shift of internal
resources towards
sales related
activities
All design to
use ABB
Robot Studio
for
virtualization
25
230
A total of NOK 270m invested in CMR through phase 4
Source: West Group
9
The West Group
technologies
CMR
SwarfPak
StreaMax
Attractive value propositions
The CMR technology let the reservoir determine how the drilling equipment should operate
CMR value propositions
Drilling cost
reductions
Superior tripping speed of 3,600 m/hr
7-14%
Continiuous motion, no connection time
7%
Continuous mud circulation gives stable
hydrostatic pressure à No formation break
down
4-9%
4-15%
Continuous motion removes risk of
differential sticking during connection
1-4%
2%
1-3%
6-15%
Continuous motion and circulation ensure
optimized hole cleaning à increase
potential for ERD
Continuous circulation and movement
improve hole cleaningà Increased ROP and
on-bottom time
CMR machines (robots) are designed as one
megatronic unità Fully robotized and
autonomous
Field cost
reductions
4%
10
2%
8%
2-4%
4%
4-8%
32-49%
Source: West Group
Indirect savings
The West Group
technologies
12-32%
CMR
12-18%
SwarfPak
StreaMax
CMR for mature fields
•  Benefits with CMR for mature fields
•  Significant improvements in ERD potential and success rate
•  Stable bottom hole pressure, replaces MPD
•  Continuous circulation stable wellbore
•  Improved hole cleaning and rate of penetration
•  Continuous motion during drilling and casing running
•  No stop for connection
Possible to continue field development from existing
platform without huge investments in subsea wells
11
CMR Pilot Rig
Funds to be used for 2012 - 2015 to build and demonstrate CMR:
40 million US $
CMR sales in 2015 after demonstration project
12
Passion for step-change technology