OFFSHORE
TECHNOLOGY
CONFERENCE
2022
#OTC2022
2–5 MAY 2022 » NRG PARK » HOUSTON, TEXAS, USA
Thank you to all who applied for the Spotlight on New Technology® Award. This prestigious award is exclusively for OTC exhibitors and showcases the latest and most advanced hardware and software technologies that are leading the offshore energy sector into the future.
This year, 14 companies, including seven small businesses, were recognized for their breakthrough hardware and software technologies.
2022 Spotlight on New Technology Winners
2022 Spotlight Small Business Winners
Producer of SVA R2 – The world´s first electric Subsea Valve Actuator with safety by springs, as compact as hydraulic actuators
Would you like to accelerate the energy transition with electrification and digitalization? Imagine removing all the hydraulics of your subsea equipment, reducing its footprint without adding power cables or complex batteries. Qualified for 4,000 m depth, the SVA R2 electrifies subsea valve actuation — improving safety and productivity.
Booth # 2306
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Producer of Galea™ - Autonomous Well Intervention System
Galea™ - the world’s first fully autonomous well intervention system - replaces larger, conventional, and labor-intensive wireline rig-ups to perform a range of routine slickline operations. Galea decreases deferred production, lowers OPEX costs, reduces HSE exposure for operational personnel, and significantly lessens the carbon footprint of intervention operations.
Booth # 2626
Producer of Oil States Managed Pressure Drilling & Riser Gas Handling System
The Oil States MPD and RGH Joint is a step forward in integrating Managed Pressure Drilling and Riser Gas Handling into a drilling riser. The system's innovative design solutions, such as retrievable packers and pull-in bridle, provide reduced NPT, fast rig-up time, and improved riser gas handling.
Booth # 1940
Producers of 15K High Pressure, High Temperature (HPHT) Riser System For Subsea Drilling Applications in Shallow Water
Oil States and TotalEnergies have developed the Merlin™ 15K HPHT Riser System, which enables cost-effective drilling of shallow water HPHT wells with a jack-up rig while offering superior fatigue performance and improved safety with automated connection make-up. The system is believed to be the first-of-its-kind design-rated for sour service applications.
Booth # 1940
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Producer of Vacuum Assisted Pure Oil Recovery Technology
R3’s innovative technology is a highly efficient, environmentally friendly method for recovering drilling fluid and water from waste mud/cuttings. The recovered fluid (SecondSource Drilling Fluid) has been independently verified to be equivalent to virgin drilling fluid—the result being one of the most environmentally friendly drilling fluids on the market.
Booth # 1281
Producer of ReSOLVE iX extreme-performance instrumented wireline intervention service
ReSOLVE iX extreme-performance instrumented wireline intervention service leverages intelligent downhole technologies to optimize results in extreme conditions, such as HPHT, sour, and restricted-access environments. The combination of innovative hardware, automation, and digitization enables operators to monitor and control intervention in real-time and take immediate action to address downhole challenges.
Booth # 1916
Producer of Autonomous Directional Drilling
Autonomous directional drilling isn't one tool or technology. It amalgamates the fullness of well construction operations to drill from spud to TD, using an autonomous system that constantly analyzes its position, formation characteristics, conditions, and trajectory to optimize steering, well placement, and overall drilling performance—reducing cost/foot drilled and improving productivity.
Booth # 1916
Producer of ClampOn Subsea Flow Temperature Monitor
The ClampOn Subsea Flow Temperature Monitor is a non-intrusive sensor that determines the temperature of the flow medium from outside the pipe.
The sensor measures the pipe surface temperature underneath insulation and calculates the temperature of the flow medium using algorithms that compensate for ambient temperature and insulation coefficients.
Booth # 3631
Small Business Award Winner
Producer of CoDril™
The CoreAll Intelligent Coring System and Logging While Coring tool provides real-time transmission of gamma-ray, resistivity, downhole vibration and core jam indication. The CoDril™ tool is a supplemental downhole convertible core bit, allowing the operator to select between coring and drilling modes and saves a complete roundtrip to change the BHA every time.
Booth # 3553-1
Small Business Award Winner
Producer of MXT+™ Hydraulic Torque Wrench
The MXT+™ Hydraulic Torque Wrench delivers significant advances in industrial bolting by integrating dual-reaction technology, auto-release, integrated cycle counter and coaxial drive into one flexible tool. The MXT+ Tool is offered in a range of sizes for tackling the toughest bolting jobs resulting in faster, safer and more reliable bolting.
Booth # 1743
Small Business Award Winner
Producer of HYTORC Connect Software App
The HYTORC Connect Software App is used with HYTORC’s Electric Torque Tools to automate bolting operations consistent with the Industry 4.0 digital transformation. The App communicates wirelessly with the tool, initializes bolting parameters, guides the operator, monitors results, collects data, and generates complete quality documentation to assure bolted joint integrity.
Booth # 1743
Small Business Award Winner
Producer of ROCSOLE Intelligent Level Detection & Data Analytics for Sand Management
In oil and gas facilities, sand production is an unwanted element. Robust and reliable sensors are critical for automated sand management systems to secure the proper functionality and avoid unexpected shutdowns or reduced production rates. With ROCSOLE’s electrical tomography, any deposits can be registered and monitored in real-time.
Booth # 2672
Small Business Award Winner
Producer of Subsea Shuttle, LLC
Subsea Shuttle’s innovative technology provides subsea chemical storage and injection that satisfy the need for longer and more cost-effective deepwater subsea tiebacks. The system features a cost-effective modular design and delivers application flexibility regarding injection rates, autonomy, reliability, and compatibility with a wide range of production chemicals.
Booth # 356
Small Business Award Winner
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Producer of KINEKtron®
KINEKtron® is the world's first fully functional, tested, and deployed retrofit subsea strain monitoring system capable of measuring strain on structural tubular members and other subsea structures. It combines many of Aquatec's innovative underwater instrumentation and communications technologies with a unique method for measuring strain in a robust ROV-installable package.
Booth # 3382
Small Business Award Winner
REQUIREMENTS
To be considered, the technology must meet five key criteria.
BENEFITS OF PARTICIPATING
SMALL BUSINESS AWARD
OTC Spotlight on New Technology Small Business Award recipients will receive the same benefits as listed above, with the added recognition as a "Small Business Award" recipient. The Spotlight on New Technology Small Business Award® recognizes the innovative technologies being developed by small businesses (less than 300 employees). To be considered, your company must:
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