ExxonMobil Upstream Research Co. has signed a joint development agreement with Hunting Energy Services’ Titan division to develop new autonomous tools technology focused on well construction and intervention efficiency.
The two Houston-based companies said they expect to produce the first commercial autonomous tools in a few years with initial tools focused on perforating and pipe cutting devices.
The agreement brings together Hunting Titan division’s equipment manufacturing capabilities and expertise in tool development, energetics and safety systems and ExxonMobil’s autonomous tools technology and expertise in a unique on-board navigation system.
“Cooperation with ExxonMobil in this effort exemplifies technology breakthroughs so necessary to lower cost, improve production and share skill sets within our respective companies," said Jim Johnson, chief operating officer at Hunting.
Autonomous tools eliminate the need for communication or physical connection of tools back to the surface using a proprietary on-board navigation system. Once the devices reach the target depth, the tools then perform designated actions. The tools are designed to reduce the time required to perform multiple operations during drilling, completion, workover and abandonment activities.
In addition to the benefits mentioned above, the technology has the potential to provide reduced costs, improved equipment utilization and simplification of logistics for remote locations.
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