Stavanger - Norway, October 31st, 2022 - eDrilling is awarded 10 MNOK in funding from Gassnova CLIMIT to support the research and development of well control software for Carbon Capture and Storage, along with other financial contributions from partners in the energy industry.
Full-scale CO₂ storage demands comprehensive analysis and knowledge of reservoir and formation to eliminate risks for leakage underground. Well control technology for CCS addresses these risks for safe, efficient, and controlled in-fill drilling in mature CO₂ storage.
There is no tool available in today’s market to provide well control for drilling into CO₂ storage reservoirs. This technology is crucial to assist the transformation of the energy industry and meeting the goals of the Paris Agreement.
By leveraging eDrilling’s years of success with well control of petroleum wells, the time and resources needed to launch reliable software for well control in CO₂ wells at the required technology readiness level efficiently reduces. It also enables easy integration with existing systems without the need to rip and replace.
Gassnova is the Norwegian state enterprise for carbon capture and storage. Gassnova facilitates the development of technology and solutions that can ensure cost-efficient and future-oriented solutions for the capture, transport, and storage of CO₂ (CCS).
The CLIMIT Programme is Norway’s national programme for research, development, and demonstration of CO₂ capture and storage technology (CCS). The CLIMIT programme is aimed at companies, research institutes, universities, and colleges, often in collaboration with international companies and research institutions, which can help accelerate the commercialisation of CCS.
eDrilling is a world-leading supplier of AI, machine learning, and predictive analytics solutions to the energy industry. Working closely with E&P companies, operators, service companies, and government regulators, eDrilling software helps save costs, improve safety, and increase the efficiency, and sustainability of operations.
For more information, please contact Sven Inge Ødegård, Head of eDrilling Research, firstname.lastname@example.org.