Grant: Idea to Innovation
Memorial University of Newfoundland
$15,000.00
Market assessment - Vibration Assisted Rotary Drilling (VARD) tools to improve drilling penetration rate and efficiency
FY 2014-15
Summary
Vibration Assisted Rotary Drilling (VARD) technology was developed at the Advanced Drilling Laboratory at Memorial University which increases the Rate of Penetration (ROP) for rotary drilling. During drilling field trials in Fall 2014, VARD tools increased the ROP for rotary drilling from 25% to 300%, depending on the type of formations drilled and the VARD tool configuration. Under combined funding the NSERC I2I program and the Memorial University Office of the Vice President, a Market Assessment for the VARD technology is being conducted. This will evaluate the market demand for the technology and clarify options for the best means to introduce the technology into the drilling market place. This will be done through evaluation of secondary data already available in the public domain, primary research involving consultation with industry technical professional and executives, and comprehensive market synthesis of these data.
Program
Idea to Innovation
Recipient
Location
Newfoundland and Labrador, Canada
Recipient Type
Academia
Type
Grant
Source
NSERC's Awards Data
As published
Application id
477181-2014
Name nom
Butt, Stephen
Department département
Engineering and Applied Science, Faculty of
Organization id
89
Institution établissement
Memorial University of Newfoundland
Province en
Newfoundland and Labrador
Province fr
Terre-Neuve-et-Labrador
Country en
CANADA
Country fr
CANADA
Fiscal year exercice financier
2014
Competition year année de concours
2014
Award amount
15000
Program id
I2IPJ
Program name en
Idea to Innovation
Program name fr
De l'idée à l'innovation
Group en
Research partnerships programs
Group fr
Programmes de partenariat
Committee code
96
Committee name en
RPP Internal Decision Cttee
Committee name fr
Cté de décision interne - PPR
Area of application code
301
Area of application group en
Energy resources
Area of application group fr
Ressources d'énergie
Area of application en
Oil, gas and coal
Area of application fr
Pétrole, gaz et charbon
Research subject code
2302
Research subject group en
Fuel and energy technology
Research subject group fr
Combustibles et technologie de l'énergie
Research subject en
Petroleum engineering, oil and gas recovery
Research subject fr
Génie du pétrole, récupération du pétrole et du gaz
Partie
1
Nb partie
1
Application title
Market assessment - Vibration Assisted Rotary Drilling (VARD) tools to improve drilling penetration rate and efficiency
Keyword
NSERC
Application summary
Vibration Assisted Rotary Drilling (VARD) technology was developed at the Advanced Drilling Laboratory at Memorial University which increases the Rate of Penetration (ROP) for rotary drilling. During drilling field trials in Fall 2014, VARD tools increased the ROP for rotary drilling from 25% to 300%, depending on the type of formations drilled and the VARD tool configuration. Under combined funding the NSERC I2I program and the Memorial University Office of the Vice President, a Market Assessment for the VARD technology is being conducted. This will evaluate the market demand for the technology and clarify options for the best means to introduce the technology into the drilling market place. This will be done through evaluation of secondary data already available in the public domain, primary research involving consultation with industry technical professional and executives, and comprehensive market synthesis of these data.
