2TD Drilling AS aims to become a leading supplier of advanced drilling tools for the oil and gas market, enabling customers to drill higher quality wells at lower cost.
The first product will be an electro-mechanical rotary steerable drilling tool called the OrientXpressTM. This will target the large and expanding directional drilling market, both on and offshore. The innovative tool design is aimed at combining lower operational costs with improved maneuverability down-hole, improved borehole quality and reduced non-productive time associated with tool failure.
The key design features include: short length, near-bit stabilizer, large contact area with the formation, no external moving parts, no hydraulics and a best in class build rate of at least 15 degrees per 100ft.
The tool is now undergoing field testing and is expected to be avaialble for customer applicaitons from 2H 2017.