OVER THE PAST DECADE Watt & Well has developed a range of power electronics, associated software and control algorithms for downhole and surface drilling, logging and wireline tools. The company has adapted for its designs some of the best practice applied by clients in the aerospace and automotive sectors. CEO Benoit Schmitt and COO Raul Iglesias worked together previously at Schlumberger on wireline and drilling tools, Schmitt specializing in hardware R&D and Iglesias in software. They left together in 2008 to form Watt Consulting, based in Paris. At that time two main issues were dominating downhole tool development for offshore wells, according to Schmitt. One was the industry's desire to stretch the envelope for high-pressure/high-temperature drilling; the other was the need for more sophisticated power electronics for rotary steerable and tractor tools.
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