Time delay fuses provide a controlled delay for operators to position perforating guns after commencing the firing sequence in a tubing-conveyed perforating operation.
According to Jason Mai, managing director of Hunting’s Titan Division, the licensing agreement allows Hunting to enter the oil and gas market with its own version of time delay products and removes constraints associated with purchasing time delay fuses from outside manufacturers.
“We’re now positioned to control manufacturing, develop complementary products that will better serve our customers, and increase our revenue and profit opportunities,” said Mai.
The manufacturing method developed by Nammo Defense included in the licence agreement will also allow Hunting to pursue non-oil and gas opportunities.
Read the latest issue of Oilfield Technology in full for free: Issue 4 2021
The issue starts with a report from Rystad Energy focusing on the outlook for the upstream industry in the Middle East. The rest of the issue is dedicated to features covering production optimisation, drill bits, pipeline integrity, health and safety, and more.
Exclusive contributions come from Varel Energy Solutions, Rystad Energy, Gyrodata, 3X Engineering, Tracerco, Ulterra Drilling Technologies and more.
Read the article online at: https://www.oilfieldtechnology.com/product-news/11012022/hunting-licenses-nammo-defense-systems-inc-time-delay-fuse-technology-for-perforating-applications/
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