The frame agreement is the first in its kind for Enhanced Drilling. CEO Kjetil Lunde welcomes the frame agreement:
“We are thrilled to announce the continuation and expansion of our enduring collaboration with Equinor through this comprehensive frame agreement. We look forward to leveraging our cutting-edge technologies, including CTS, RMR®, MPC®, EC-Drill®, and EC-Drill® dual MPD, to enhance Equinor's operational efficiency and contribute to the success of their projects. We are excited about the collaborative opportunities that lie ahead in shaping the future of the oil and gas industry.”
The frame agreement taking effect February 1st, 2024, is for operations on the Norwegian Continental Shelf, with the intent of future global use.
Cost saving technologies
EC-Drill®, which is included in the frame agreement, is a Controlled Mud Level (CML) system, where the wellbore pressure is accurately managed using a subsea pump attached to the riser. The system operates with subsea annulars to enable full pressure management in all sections of the well.
Enhanced Drilling’s Cutting Transportation System (CTS) takes cuttings away from the well area during top-hole drilling on semisubmersible rigs, and during clean-up operations on the seabed. RMR® Riserless Mud Recovery system is a risk-reduction tool that enables better quality drilling, with more stable top-holes - safer, quicker, and with less environmental impact. The MPC® Managed Pressure Cementing system provides safe isolation of problematic zones – cost-effectively - even under challenging narrow pressure window scenarios.
The frame agreement also includes EC-Drill® Dual MPD, a Managed Pressure Drilling (MPD) system combining two MPD methods. The technology operates by default in CML mode with the ability to seamlessly switch to Surface Back Pressure mode, enabling the best of both MPD worlds.
Technologies and services
Enhanced Drilling aims to be the global leader in clean offshore well-bore pressure and volume control and help oil & energy companies around the world solve challenges on all types of subsea wells. Enhanced Drilling’s technologies improve safety and efficiency and have become widely recognized for its unique, more environmentally responsible, “closed system” solutions for seabed & marine protection.
Enhanced Drilling’s proven technologies have been deployed on over 1000+ wells worldwide and the newly developed EC- Monitor™ system was named the Best Well Integrity Technology 2022.
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