2nd May May 2023 – InteliWell signs initial contract for the joint venture’s game-changing drilling automation solution, InteliWell, as previously announced.
InteliWell, a joint venture formed to accelerate autonomous well construction, today announced that Transocean, on behalf of its customers Wintershall Dea and OMV, has contracted the JV to equip and utilize its proprietary InteliWell software on the drilling rig Transocean Norge.
Transocean Norge is a harsh environment unit with capacity of conducting drilling operations in water depths up to 1,000 metres and maximum drilling depth of 12,200 metres. The harsh environment, semisubmersible will commence a joint contract with Wintershall Dea and OMV for the drilling of 17 wells on the Norwegian continental shelf.
“InteliWell will enable more efficient and consistent execution of drilling operations, which will result in reduced drilling time and costs for both the Operators, Wintershall Dea and OMV, and Transocean. Additionally, the use of InteliWell will improve safety by reducing the need for manual work and personnel exposure in red zones on the rig floor,” says Stig Trydal, Board Member of InteliWell, and Managing Director of Intellilift.
To learn more about InteliWell, visit: www.inteliwell.com
InteliWell is a joint venture (JV) between Nekkar’s subsidiary Intellilift AS, Transocean Ltd. (NYSE: RIG) and RigNet, Inc. a Viasat Inc. (NASDAQ: VSAT) subsidiary. InteliWell’s mission is to decrease drilling times through rig automation and streamlining of the well construction process using new processes and tools driven by artificial intelligence (“AI”). InteliWell offers a suite of applications that provide an end-to-end, closed-loop workflow for well construction planning, execution, and monitoring.
InteliWell’s products consist of three unique and complimentary software applications: InteliPlan, InteliAutomate and InteliAssist. InteliPlan allows a user to quickly create a digital drilling plan and feed the well plan directly to InteliAutomate. InteliAutomate interfaces with a drilling rig's control system to autonomously execute tasks outlined in the well plan. InteliAssist provides well monitoring and drilling feedback directly to InteliAutomate to optimize key drilling parameters and improve decision-making by drillers and onshore teams.