Concepts & Technologies with Promise

        PSTI has been asked by one of its Member oil companies to collate data on the development of concepts and technologies with promise in both near and far markets that may have bearing on the upstream oil and gas industry. These concepts and technologies may be an enabling technology or a cost reduction technology. Specifically, this research is concentrating on work in deepwater (greater than 1,000 feet of water) developments.

        "BUILDING BLOCK" SET

        DESCRIPTIVE CONCEPT NAME/TITLE

        OWNER OF CONCEPT

        DESCRIPTION
        (Why conceived? What Problem Solved?)

        TARGETED APPLICATIONS

        POTENTIAL VALUE ESTIMATION
        (may include any cost estimating data, graph, or algorithms/spreadsheets available to support claims)

        Consider:

        • Estimated cost/value/or savings
          (qualify basis, specific application for which claimed -CAPEX &/or OPEX)
        • Team/Peers Assessed cost/value/or savings
        • System effects
        • Value as "Enabling Technology" (what opportunities does it open?)
        • Impact on Operations (Availability &Maintainability (Simplicity))

        ADVANTAGES/DISADVANTAGES (text bullets)

          PRO'S

          CON'S

        DESIGN/SELECTION CRITERIA

          CRITICAL INTERFACE REQUIREMENTS

          LIMITATIONS (serious 'flags', constraints)

        TECHNICAL EVOLUTIONARY STATUS

          Tick any applicable:

          Field-tested
          JIP'd
          Prototyped
          Patented
          Lab-tested
          Published
          Internal Documentation

          What's been done? (bullet list)


          (Note any ongoing TD, JIPs, etc or period of last activity on the concept)

          Time to Application: years

          Key Hurdles

        ORIGIN/SOURCE OF CONCEPT

        ORIGINATOR (name of person responsible for entry)

        ADDITIONAL COMMENTS (submission of additional drawings, figures etc is encouraged and should be sent directly to S.Burnett)

        [Disclaimer: the information submitted in this form will be used for awareness purposes only, and the results shall be made available within the public domain.]