The development agreement, which was signed with oilfield service company Visuray Technology, comprises a joint industry project (JIP) aimed at delivering several downhole prototype tools with a range of external diameters. Phillips Petroleum is teaming up with ConocoPhillips to develop downhole X - ray technology that could improve evaluation of cement ##s in gas and oil wells . The two companies signed a deal to fund the VR360 3D Cement Evaluation Tool , which aims to produce a 3D cement map as well as conventional ultrasonic measurements . The joint industry project , developed with Visuray Technology , is expected to be completed within three years and prototypes will be installed in oil and gas wells .
Phillips Petroleum is teaming up with ConocoPhillips to develop downhole X - ray technology that could improve evaluation of cement ##s in gas and oil wells . The two companies signed a deal to fund the VR360 3D Cement Evaluation Tool , which aims to produce a 3D cement map as well as conventional ultrasonic measurements . The joint industry project , developed with Visuray Technology , is expected to be completed within three years and prototypes will be installed in oil and gas wells .