AGR Subsea signed a contract for Riserless Mud Recovery

Tuesday, Jun 30, 2009

Aker Exploration and AGR Subsea signed 15th June a contract for Riserless Mud Recovery (RMR™)

There's more to this concept than the name might indicate. Drilling without risers is not just an efficient way to make the top hole when seabed conditions complicate this initial phase of exploration drilling.

Just as unique, in an exploration drilling context is the system which allows the operator to collect used drilling fluid and cuttings from the seabed and pump them back to the rig. This enables engineered fluids to be used as there are no discharges to sea. This also enables precise volume control to be implemented on the topholes. Combined, this will impact well construction.

The duration of the contracts is three years with options to extend contract for two periods of one year each. The agreement also includes option of extending the contract to cover other drilling unit(s).

Tom Hasler, Executive Vice President at AGR Drilling Services Holdings AS says; ”Not only does the Aker Exploration / AGR Drilling Services contract represent a significant commitment between the respective parties, but it reflects the underlying value and quality of our services and the Riserless Mud Recovery technology” .

Source: AGR