The Conveyor has been designed for simplified operations and reduced maintenance, enabling the service to be provided by the regular wireline / conveyance providers. California-based energy company Chevron Technology Ventures has invested in Norwegian downhole technology firm Well Conveyor for its battery-powered system. As part of a $1.8m funding round, the US corporation's Chevron Technology Ventures division put money towards the Slim Battery-powered conveyor, which has an extended tractoring distance north of 15,000 ft, designed for difficult and highly deviated wells. The device's lack of dependence on surface power offers huge flexibility, while its simplified design results in less maintenance and reduced manpower necessary to operate. In addition to drilling rigs, well operators can also use the system to drill wells that are too deep to be reached by conventional drilling.
California-based energy company Chevron Technology Ventures has invested in Norwegian downhole technology firm Well Conveyor for its battery-powered system. As part of a $1.8m funding round, the US corporation's Chevron Technology Ventures division put money towards the Slim Battery-powered conveyor, which has an extended tractoring distance north of 15,000 ft, designed for difficult and highly deviated wells. The device's lack of dependence on surface power offers huge flexibility, while its simplified design results in less maintenance and reduced manpower necessary to operate. In addition to drilling rigs, well operators can also use the system to drill wells that are too deep to be reached by conventional drilling.