Enteq Technologies’ groundbreaking SABER Tool, with its true at-bit steering capabilities, is poised to revolutionize the drilling sector. After securing a customer contract, the technology is set for customer testing in Australia, with commercial services expected in the first half of FY25. The SABER Tool’s potential for enhancing operational efficiency across various drilling applications could make it a significant player in the global RSS market, worth approximately US$3.6 billion annually.
The SABER Tool, an acronym for Steer-At-Bit Enteq Rotary, is a game-changer in the drilling industry. Its unique design offers true at-bit steering capabilities, a feat validated through independent flow loop testing. This technology has the potential to revolutionize the drilling process, making it more efficient and precise.
Enteq Technologies plc (LON:NTQ) develops and supplies equipment for Measurement, Logging and Geo-steering while drilling of wells for the Geothermal, Oil and Gas markets.