DrillWell's objective is to improve drilling and well technology providing improved safety for people and the environment and value creation through better resource development, improved efficiency in operations and reduced cost. The vision of the Drilling and Well Centre for Improved Recovery is to unlock petroleum resources through better drilling and well technology. The Drilling and Well Centre for Improved Recovery was established in 2010 and received status as a Centre for Research Based Innovation (SFI) from the Research Council of Norway in 2011. DrillWell’s objective is to improve drilling and well technology, providing improved safety for people and the environment, and value creation through better resource development, improved operational efficiency and reduced costs. This will be achieved by targeted research and development, focusing on: Safe and efficient drilling process Drilling solutions for improved recovery Well solutions for improved recovery The centre focuses on environmentally friendly solutions in the R&D and innovative technology development. It will integrate master and doctorate students in the research activities and also provide continuous competence development for oil company staff in collaboration with oil companies. The developed technology and solutions will be commercially available in the market through cooperation with the service industry. The centre is living proof of Trondheim and Stavanger joining forces together with the international oil and gas industry. The R&D partners in the centre are IRIS, the University of Stavanger, SINTEF and NTNU. The partners have a total staff of 310 scientists and a R&D volume of approx NOK 500 million/year within oil and gas. The centre was established in 2010, and was appointed status as Centre for Research Based Innovation (SFI) by the Research Council of Norway in 2011.
View Top Employees from DrillWell - Drilling and Well Centre for Improved RecoveryWebsite | http://www.drillwell.no |
Revenue | $16.7 million |
Employees | 3 (0 on RocketReach) |
Founded | 2011 |
Address | PO Box 8046, Stavanger, Rogaland 4068, NO |
Phone | (475) 187-5000 |
Technologies |
JavaScript,
HTML,
Twitter
+7 more
(view full list)
|
Industry | Research Services, Business Services General, Business Services |
SIC | SIC Code 822 Companies, SIC Code 82 Companies |
NAICS | NAICS Code 611 Companies, NAICS Code 6113 Companies, NAICS Code 611310 Companies, NAICS Code 61 Companies, NAICS Code 61131 Companies |
Looking for a particular DrillWell - Drilling and Well Centre for Improved Recovery employee's phone or email?
The DrillWell - Drilling and Well Centre for Improved Recovery annual revenue was $16.7 million in 2024.
DrillWell - Drilling and Well Centre for Improved Recovery is based in Stavanger, Rogaland.
The NAICS codes for DrillWell - Drilling and Well Centre for Improved Recovery are [611, 6113, 611310, 61, 61131].
The SIC codes for DrillWell - Drilling and Well Centre for Improved Recovery are [822, 82].