Viking Venture portfolio company and offshore technology provider Enhanced Drilling has successfully completed a landmark pilot project with Statoil.
The EC-Drill system from Enhanced Drilling is a managed-pressure-drilling system for use off floating rigs. The pilot, conducted on the Troll Field on the Norwegian Continental Shelf, saw EC-Drill being used in the drilling of three branches of a well, reports Enhanced Drilling in a press release. Read the full story on enhanced-drilling.com.
Enhanced Drilling is the company resulting from the merger between Ocean Riser Systems and AGR Enhanced Drilling and is a Viking Venture II portfolio company.