Badger Explorer ASA (OSE: BXPL) was a Norwegian company headquartered in Stavanger, Norway. It developed a technology used to explore and map the extent of hydrocarbon resource and reserve base and provide long-term monitoring.[1] Badger Explorer ASA was listed on the Oslo stock exchange in 2007[2] and has new ticker from May 2017. In 2018 the company changed name to Hunter Group ASA.
 | |
| Company type | Allmennaksjeselskap |
|---|---|
| OSE: BXPL | |
| Founded | 2003 |
| Defunct | 2017 |
| Headquarters | Stavanger, Norway |
Key people |
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Technology
editThe technology is based on an invention of the researcher at International Research Institute of Stavanger (IRIS). The invention was granted a patent in 2002 (Norway) and 2006 (USA).[3] The Badger tool drills into the subsurface without a rig and buries itself. It carries an electrically powered drilling system and sensors, which continuously record data, producing logs while drilling, and providing continuous, long-term data in surveillance mode. The tool connects to the surface by a power and communication cable, which are initially spooled inside the tool and gradually released in the course of advancing.
Named after the company, the badger tool is essentially a 100-ft-long bottom-hole-assembly package that is designed to reach subsurface depths of 3000 m. [...] The entire exploration program could be done by a service vessel used to launch the tool, or probably several tools to form an array. The badger is then guided down and locked into its drilling position by a remotely operated vehicle. Each tool will be installed with various logging and sonar systems to analyze geological conditions and monitor the prospective reservoir. [...] Tethering the tool to the outside world is a combined power and fiber-optic cable that will spool out of the back end connect to a seabed manifold that provides power. [...] The data will be streamed beyond the manifold and up to a satellite buoy to enable operators to monitor and readjust its drilling parameters.
— Trent Jacobs, " Breaking from the Norm to Reach Marginal Offshore Fields", Journal of Petroleum Technology (2016)[4]
References
edit- ^ "Arrowhead Business and Investment Decisions Publishes Due Diligence and Valuation Report on Badger Explorer ASA" (PDF). Archived (PDF) from the original on 2018-08-01. Retrieved 2018-08-01.
- ^ "Public listing of Badger Explorer ASA at Oslo Axess". Archived from the original on 2018-08-01. Retrieved 2018-08-01.
- ^ "Badger Explorer Patent "Drilling Device"". Archived from the original on 2022-08-28. Retrieved 2018-08-01.
- ^ "Jacobs, Trent. "Breaking from the Norm to Reach Marginal Offshore Fields." Journal of Petroleum Technology 68, no. 07 (2016): 27-33". Archived from the original on 2018-08-01. Retrieved 2018-08-01.
External links
edit- Badger Explorer ASA has new ticker
- Record of Badger Explorer ASA in Proff, retrieved 01 Aug 2018
- Filed and granted patents of Badger Explorer ASA, retrieved 01 Aug 2018
- Badger Explorer prototypes and animations, retrieved 01 Aug 2018