Statoil approved Milestone in the Development Program
On 16th March 2016, Statoil approved the second key deliverable of Milestone 1 of the Badger Explorer Development Program; function testing and verification of a cuttings transport system developed in conjunction with Honeybee Robotics (US). The approval released NOK 2.5 million from Statoil, and BXPL now enters the last phase of Stage 1 of the Development Program.
“The tests performed have shown that the new cuttings transport system resolves a critical challenge with the Badger Explorer concept. We now have a transport system capable of moving all cuttings we have thrown at it, from dry abrasive cuttings to muddy slurries”, says Øystein Larsen, CEO of BXPL.
The first part of Milestone 1, qualification of high power HPHT Transducers for the drilling and compaction systems in the Badger Explorer, was completed and approved by Statoil on 4th January 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)