Using smart design and innovative materials to unlock new markets in offshore decommissioning for a transformational technology

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Title
Using smart design and innovative materials to unlock new markets in offshore decommissioning for a transformational technology
CoPED ID
a24d0383-6a99-4a9d-bfc1-fd3795f927ec
Status
Active
Funders
Innovate UK
Innovate UK
Innovate UK
Innovate UK
Innovate UK
Value
£235,922
Start Date
May 31, 2023
End Date
Oct. 31, 2023
Description

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Clearwell Technology is a UK based micro start-up developing Therm-X-Mill, a transformative technology for Oil and Gas well decommissioning

Therm-X-Mill is a downhole thermal pipe milling tool which creates a unique solution for the highly expensive, laborious, and delayed removal of uneconomic carbon-intensive offshore oil and gas installations. The tool fundamentally simplifies the Well Plugging and Abandonment process, the largest time and cost component of offshore decommissioning, and eliminates the requirement for a Drilling Rig and its associated services.

Performed alongside Clearwell Technology's other research and development activities this project will research and validate the feasibility of an expandable downhole tool using cutting edge materials and smart design.

Bruce Cardno PM_PER

Subjects by relevance
  1. Technology
  2. Natural gas
  3. Development (active)
  4. Technological development
  5. Decommissioning

Extracted key phrases
  1. Downhole thermal pipe milling tool
  2. Expandable downhole tool
  3. Offshore decommissioning
  4. Smart design
  5. Intensive offshore oil
  6. Innovative material
  7. Edge material
  8. New market
  9. Clearwell Technology
  10. Transformational technology
  11. Micro start
  12. Therm
  13. X
  14. Mill
  15. Unique solution

Related Pages

UKRI project entry

UK Project Locations