Statoil approved Milestone in the Development Program
On 8th July 2016, Statoil approved the third key deliverable of Milestone 1 of the Badger Explorer Development Program; long term testing of the cuttings transport system. The approval released NOK 2.5 million from Statoil.
“Testing the system for several hundred of hours has increased our confidence in the system, says Øystein Larsen, CEO of BXPL. We now considerone of the main challenges with the Badger concept solved.
The first parts of Milestone 1, qualification of high power HPHT Transducers and function testing of the cuttings transport system, were completed and approved by Statoil earlier in 2016.
An article about the Badger Explorer technology in Aberdeen Business News, October 2015 (.pdf)
The article about the Badger Explorer technology in Upstream, The International Oil & Gas News Source, April 2016 (.pdf)