VP Sales, Tomax
Technology readiness (TRL)
Drilling operations account for approximately 60% of overall well construction time. The time and effort needed to cut rock at deep depth drives cost and environmental impact in oil and gas well drilling.
The Tomax downhole AST regulator improves the rock-cutting process while reducing the risk from shocks and vibration. This can lead to a 50 % efficiency increase which translates into time and cost savings along with a reduced CO2e intensity in every hole section drilled.
A typical hole section saving of 20% time, equates to a reduction of approx. 65-100 tonnes CO2e emissions cut in parallel with a reduction in risk of failures and wear.
Identified as a Lower Emissions Oil and Gas Solution (LEOG). Use company contact for detailed value proposition.