Projects

Project

Raptor Oil - Acoustic Data

Technology Organisation

Raptor Oil Ltd

TechX partner - Investor readiness TechX contact - Gordon Cowie

http://www.raptor-oil.com/

Raptor Oil - Acoustic Data

Project summary

Raptor Oil is focused on transforming the transmission of downhole drilling data to the surface using innovative through-pipe acoustic telemetry technology.

This could increase the speed and capacity of data communication by up to 10 times, helping to drive efficiency, reduce costs and enable better decision-making. This is a critical component/technology in supporting industry to develop fully automated operations, where data drives the decision-making process.

Challenge

Wells

Vision

Maximise Recovery

Entry TRL

5

Field Trial

No

Technology

Acoustic data transmission

Type

Develop

Target TRL

7

Potential Industry Value

With an estimated 10 new well-applications per year, this could save £200,000 per well (based on 12 hours righ time saved per well).