Ardyne and Equinor extend technology partnership to jointly fund TITAN RS
14 Jul 2021
Equinor have agreed a second joint industry project (JIP) to develop a unique well decommissioning technology that will dramatically reduce the economic and environmental impacts of slot recovery and well decommissioning.
Equinor and Ardyne are jointly funding the £1 million project. Ardyne will manage all engineering, project management and onsite rig qualification testing before deployment for field trials.
The new JIP follows an initial agreement between Ardyne and Equinor in 2018 for the initial design and development of the resonance technology.
TITAN ReSonance (RS) combines Ardyne’s field proven bottom hole assembly (BHA) systems with the new resonance tool to aid casing recovery by using resonance to reduce the pulling force required to free stuck casing. Successful trial wells have been completed recovering casing encased in settled solids.