West Group awarded for the second year in a row
Swarfpak has been awarded with the OTC Spotlight on New Technology award
We are proud to announce that West Group has been awarded with the OTC Spotlight on New Technology award, for the second year in a row.
This time it is the SwarfPak Technology, by West Production Technology AS, that is honored.
Founder and CEO Odd B. Skjærseth talking with mayor of Stavanger, Christine Sagen Helgø.
- This award is one of the most prestigious in the industry. A qualified jury believe in our technology, and that makes us really proud, says CEO, Odd B. Skjærseth.
SwarfPak is a superior technology for P& A and slot recovery with significantly reduced rig time and reduced environmental footprint. The most revolutionary characteristic of the SwarfPak technology is that all the swarf particles will be deposited and left down-hole, avoiding the use of surface swarf handling equipment which is a major logistical and environmental challenge. Another benefit is that the milling speed is greatly increased. Typical milling speed with SwarfPak is 3-6 times faster than conventional milling technology.
- There is 4,000 wells on the Norwegian continental shelf. It will cost trillions to shut down the wells at the same pace as today. We can help save 500 billions with our new technology, says Skjærseth.