Scandinavian Oil-Gas Magazine
http://www.scandoil.com/moxie-bm2/news/contracts_world/exxonmobil-huntings-titan-division-to-develop-auto.shtmlExxonMobil, Hunting’s Titan division to develop autonomous tools technology
ExxonMobil Upstream Research Company has signed a joint development agreement with Hunting’s Titan Division to develop new autonomous tools technology focused on creating a step change
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ExxonMobil Upstream Research Company has signed a joint development agreement with Hunting’s Titan Division to develop new autonomous tools technology focused on creating a step change in well construction and intervention efficiency. The two Houston-based companies said they expect to produce the first commercial autonomous tools in a few years with initial tools focused on perforating and pipe cutting devices.
“We are continually researching and exploring new technologies and autonomous tools is just one of several areas that ExxonMobil has been developing to increase well construction efficiency and improve safety,” said Sara Ortwein, president of ExxonMobil Upstream Research Company. “We are looking forward to working with Hunting on this new partnership to jointly develop autonomous tools technology utilizing their strengths as a leader in the energetic tools area.”
