Transocean, Intellilift in digital well venture

Oct. 28, 2021
Nekkar subsidiary Intellilift has formed a joint venture with a subsidiary of Transocean.

Offshore staff

KRISTIANSAND, Norway – Nekkar subsidiary Intellilift has formed a joint venture with a subsidiary of Transocean.

Inteliwell will commercialize products and services based on a solution the partners are currently developing to integrate digital systems for well construction, drilling control, and real-time data monitoring.

The software solution interfaces with the drilling rig’s control system to autonomously perform tasks in the well plan, speeding up the well construction process.

An integrated real-time monitoring platform measures downhole progress and evaluates conditions in the well to provide feedback to the drilling control system.

Stig Trydal, managing director of Intellilift, said the partners aimed to provide software solutions (SaaS) “that allow operators to further improve the consistency of their operations while reducing drilling costs through more reliable and faster drilling operations.”

10/28/2021