Innovation can be difficult.
Right? - Does this sound familiar?
But, All Hope Is Not LosT
Guiding purposeful innovation is one of our core values as a company, and with every project we aim to add useful and cutting-edge technology to the field.
At StoneWall, our engineering team focuses on capturing the ‘big picture’ while fully understanding the purpose and commercial aspects of the projects.
DIVERSITY IS A COMPETENCY
Fond of building a diverse-skill-driven team, we design entry points for talented people who can shape the future of our field - Enabling StoneWall's team to execute in all-aspects of multi-phased engineering projects.
Meet Success - Napkin-Sketch-No-More
Why is this important?
The system is assembled offline onshore, and loaded in purpose-built baskets then shipped to the rig.
The 'Big Picture'
The implementation of the weight reduction delivers numerous well design options/benefits, including
Up to 450,000 lbs. of weight reduction in the landing string depending on mud weight and water depth;
The lower hook load reduces and possibly eliminates slip crushing;
Enhance drilling rig capability to simplify complex well designs;
Potential elimination of casing strings, liners and tiebacks allows for larger diameter completion design;
Can be deployed in open water;
$40 Million+ cost savings for fewer casing strings and/or tiebacks resulting in reduced rig days.
Did you Say 'Patent'?
At StoneWall, we are fond of developing patents to defensively protect intellectual property.
While experienced in the development of patents, our team works as a guide to easily navigate through the entire process - turning that napkin sketch concept into a profitable reality.
We want to best our competitors in the marketplace, not the courtroom.
Patents help us make sure that the products and services we offer our customers are safe.
Guiding Purposeful Innovation
While focusing on 'the bigger picture', the project's development gave place to build impactful relationships, while also maximizing value to all parties involved.
"Weight Reduction Technology in Deepwater Drilling" - https://expertep.com/2015/06/26/weight-reduction-technology-in-deepwater-drilling/
"Major Operators Save $40 Million+ on Deepwater Exploration Wells" - https://expertep.com/2018/09/25/major-operators-save-40-million-on-deepwater-exploration-wells/
"Buoyancy system lands nearly 20,000 ft of 14-in. casing in GOM" - https://www.expertep.com/wp-content/uploads/2016/11/Buoyancy-Weight-Reduction-System.pdf