Marwell AS have been awarded funding by Innovasjon Norge for a dissolvable insert project, working together with a major Norwegian operator. Marwell AS’ proprietary FADEtm dissolvable material shall play a central role in the project, having been successfully proven in the field. Under the scope of the project, Marwell AS shall design, develop and qualify a series of dissolvable inserts for use in downhole tool flow ports during several phases of well construction. The development project will allow the operator to save several days of rig time and result in substantial cost reductions.
Marwell AS’ Technical Director, Geirmund Sætre, commented on the funding award: “This is an exciting time for our industry and the adoption of innovative new materials is rapidly gathering pace. We are delighted that a major operator has seen the value in our FADEtm technology and that Innovasjon Norge has come onboard to support the development project. As the portfolio of FADEtm products increases we will be able to provide larger time savings and further reduce operational risk for our clients.”
For more information on Marwell AS and the FADEtm technology please visit www.marwell-tech.no or follow Marwell AS on LinkedIn.