Reelwell secures agreement with Equinor to supply Oseberg drillpipe
March 7, 2023
Reelwell has signed a frame agreement with Equinor to provide DualLink powered and wired drillpipe for the company's operations, ahead of installing and operating the system at its Oseberg Field.
Offshore staff
STAVANGER, Norway—Reelwell AS has signed a frame agreement with Equinor to provide DualLink powered and wired drillpipe for the company's operations, ahead of installing and operating the system at its Oseberg Field in the North Sea.
The agreement follows close collaboration in Norway through joint industry projects and technology demonstrations between the two companies and other key partners. Equinor also recently funded development of the DualLink system specifically for the Norwegian market.
The new frame agreement is for an initial five years, with an optional extension. Estimated initial value of this work scope is about $10 million.
The DualLink patented technology converts standard drillpipe into a wired network that is designed to provide high-speed digital telemetry and electrical power along the drill string. Reelwell said the visibility offered by DualLink telemetry delivers more efficient drilling, better well placement and further drilling automation efforts. Efficiency gains achieved by using wired drillpipe in combination with automation results in reduced well constructions costs and environmental emissions per well.
Electrical power from surface to downhole eliminates downhole power sources, reducing the cost and complexity of downhole tools and accelerates remote operations, Reelwell said. Connecting downhole to electrical power from surface enables next-generation downhole applications in drilling, completion, and plug and abandonment operations.