OTC Spotlight on New Technology Award to West Group and the CMR technology
CMR Technology will receive Spotlight Award during OTC in May 2013
OTC has announced that WeST Drilling Products AS will receive the OTC Spotlight on New Technology Award during OTC 2013 in May. It is the Continuous Motion Rig (CMR) Technology that will be honored with this reward.
The Rig of the Future—Continuous Motion Rig (CMR)—offers the world´s first continuous drilling operation and is also the world’s first fully-robotized rig. CMR reduces the overall drilling time with up to 50% and facilitates MPD. CMR substantially reduces down-hole problems associated with differential sticking and pressure fluctuations, and eliminates personnel safety risk.
See OTC 2013 webpage for further details.