Successful full-scale test of Oliasoft WellDesign

Oliasoft WellDesign has entered a full-scale testing phase in collaboration with major oil companies Aker BP and Equinor. The test will give the software industry verification.

The testing phase will continue throughout the year and we expect the Oliasoft WellDesign to be available for commercial use in January 2019, starting with 30 days free trial.

The Oliasoft WellDesign will at that time consist of four modules: Trajectory Design, Casing Design, Tubing Design and Blowout & Kill Simulation.

Expanding the team

The past couple of months have been an exciting period for Oliasoft. We have expanded and by the end of October we have 14 full-time employees with extensive experience from software development and drilling and completion engineering, in addition to our expert consultants.

During August and September we attended ONS 2018, the Kristiansand conference for drilling, and SPE ATCE in Dallas, all three with great success. We won several new contacts and there was significant interest in our company, both from Norwegian and international oil companies.

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