{"id":680,"date":"2019-05-08T09:02:20","date_gmt":"2019-05-08T14:02:20","guid":{"rendered":"http:\/\/shearanything.com\/?p=680"},"modified":"2019-12-05T13:35:00","modified_gmt":"2019-12-05T19:35:00","slug":"otc-2019-transocean-ceo-announces-shear-anything-technology-is-a-top-priority","status":"publish","type":"post","link":"https:\/\/dev.ravendigit.al\/shearanything\/board\/otc-2019-transocean-ceo-announces-shear-anything-technology-is-a-top-priority\/","title":{"rendered":"OTC 2019: Transocean CEO Announces, \u00e2\u20ac\u0153Shear Anything\u00e2\u20ac\u009d Technology is a Top Priority"},"content":{"rendered":"<p><strong>Houston, May 2019:<\/strong> Described as a technology that Transocean believes to be game changing for the drilling industry, Kinetic Pressure Control\u00e2\u20ac\u2122s \u00e2\u20ac\u0153shear anything\u00e2\u20ac\u009d technology called the Kinetic Blowout Stopper or \u00e2\u20ac\u0153K-BOS\u00e2\u20ac\u009d was highlighted as part of the retrofittable aShear emergency well control system by Transocean at the 2019 Offshore Technology Conference on 7 May. More than a blowout preventer, Jeremy Thigpen, Transocean President and CEO, called this tool \u00e2\u20ac\u0153a blowout stopper\u00e2\u20ac\u009d and said it is a top priority within the organization. \u00e2\u20ac\u0153Talk about your ultimate insurance policy,\u00e2\u20ac\u009d Mr. Thigpen said.<\/p>\n<p>He explained further that technologies like K-BOS and aShear are core to a strategy that Transocean is pursuing to make offshore projects more competitive with shale plays. These technologies represent significant progress towards reducing risk and to increase offshore projects\u00e2\u20ac\u2122 viability vs only a few years ago. Mr. Thigpen pointed to average breakevens for offshore projects, which are now down to $43, compared with $64 in 2016. The number of offshore FIDs has also increased over the same period, up to an expected 119 this year compared with 44 in 2016.<\/p>\n<p>The presentation was covered by Offshore Magazine, Drilling Contractor Magazine and the Journal of Petroleum Technology among others. Please find links to the detailed coverage below:<\/p>\n<p>IADC Coverage: <a href=\"http:\/\/www.drillingcontractor.org\/thigpen-transocean-working-on-shear-ram-that-can-shear-anything-in-the-wellbore-52050\">http:\/\/www.drillingcontractor.org\/thigpen-transocean-working-on-shear-ram-that-can-shear-anything-in-the-wellbore-52050<\/a><\/p>\n<p>JPT Coverage: <a href=\"https:\/\/www.spe.org\/en\/jpt\/jpt-article-detail\/?art=5466\">https:\/\/www.spe.org\/en\/jpt\/jpt-article-detail\/?art=5466<\/a><\/p>\n<p>Offshore Magazine Coverage: <a href=\"https:\/\/www.offshore-mag.com\/drilling-completion\/article\/16790944\/otc-2019-transocean-ceo-describes-future-drilling-rig-technology\">https:\/\/www.offshore-mag.com\/drilling-completion\/article\/16790944\/otc-2019-transocean-ceo-describes-future-drilling-rig-technology<\/a><\/p>\n<p>About Kinetic Pressure Control Kinetic Pressure Control is a leading well control technology company that designs and manufactures innovative wellhead and pressure control equipment and services. Kinetic&#8217;s mission is to protect the Oil and Gas industry\u00e2\u20ac\u2122s social license to operate. Learn more about Kinetic Pressure Control Limited and their K-BOS technology at <a href=\"http:\/\/www.shearanything.com\">www.shearanything.com<\/a><\/p>\n<p>Shear Anything | Seal Instantly | Ultimate Reliability<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Houston, May 2019: Described as a technology that Transocean believes to be game changing for the drilling industry, Kinetic Pressure Control\u00e2\u20ac\u2122s \u00e2\u20ac\u0153shear anything\u00e2\u20ac\u009d technology called the Kinetic Blowout Stopper or \u00e2\u20ac\u0153K-BOS\u00e2\u20ac\u009d was highlighted as part of the retrofittable aShear emergency well control system by Transocean at the 2019 Offshore Technology Conference on 7 May. More [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/dev.ravendigit.al\/shearanything\/wp-json\/wp\/v2\/posts\/680"}],"collection":[{"href":"https:\/\/dev.ravendigit.al\/shearanything\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dev.ravendigit.al\/shearanything\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dev.ravendigit.al\/shearanything\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/dev.ravendigit.al\/shearanything\/wp-json\/wp\/v2\/comments?post=680"}],"version-history":[{"count":1,"href":"https:\/\/dev.ravendigit.al\/shearanything\/wp-json\/wp\/v2\/posts\/680\/revisions"}],"predecessor-version":[{"id":681,"href":"https:\/\/dev.ravendigit.al\/shearanything\/wp-json\/wp\/v2\/posts\/680\/revisions\/681"}],"wp:attachment":[{"href":"https:\/\/dev.ravendigit.al\/shearanything\/wp-json\/wp\/v2\/media?parent=680"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dev.ravendigit.al\/shearanything\/wp-json\/wp\/v2\/categories?post=680"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dev.ravendigit.al\/shearanything\/wp-json\/wp\/v2\/tags?post=680"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}