Subsea automation on path for closed-loop controls, intelligence

摘要

Our challenges are driving value for oil companies, and there are three main drivers. One is reserves. Anything that can enable an oil company to either create or find more reserves is a big value. Second is production. How can they produce those reserves faster? It affects their financial balance sheet. Third is cost. How can they lower the cost of finding and developing reserves and the capital cost of facilities? The Lower Tertiary Wilcox trend in the Gulf of Mexico (GOM) is very deep, and it's very expensive to drill these wells, but there are billions of barrels of oil in these reserves. Companies cannot access these reserves using conventional technology. Using technology that enables them to go into these formations and get the oil out is a huge value.