In the world of cutting-edge technology and innovation, it's not every day that a company reaches a significant milestone like achieving 100,000 operating hours on our units. That is 595 weeks or 11.45 years of continuous operations achieved.
In October 2023, we, Intelligent Mud Solutions, the pioneers in autonomous fluid analysis, celebrated this remarkable achievement, marking a key milestone in our journey of continuous improvement and global expansion.
A Journey Across the Seas
Our RheoSense units have come a long way since their initial approval. These units, which are essential for real-time measurement of density, rheology, gel strengths, and temperature, have now collectively surpassed 100,000 operating hours. They have diligently served various regions, including the North Sea, Onshore Europe, West Africa, and the Middle East, with unwavering support from our offices in Stavanger.
But the journey doesn't stop here. In the spirit of progress, we have set our sights on even grander horizons. In the coming year, we plan to introduce units to North America and Australia. With these additions, we will only have South America left to conquer before achieving a global presence on all continents.
The Reliability Factor
One of our outstanding achievements is our remarkable uptime, clocking in at over 99% over the past 12 months. This is not just a statistical figure but a testament to the robustness and durability of our equipment. To illustrate this, consider the case of a unit in the North Sea, which has been running smoothly for an astounding 5,900 hours without any mechanical, software, or communications issues. This impressive feat highlights the trust that our clients have in our technology and its ability to withstand the harshest of conditions.
The Future: RheoMax and RheoView
We are not content with resting on our laurels. We are committed to pushing the boundaries of fluid analysis. This is exemplified by our upgrade of the RheoSense system with the RheoMax and RheoView supplementary products. This transformation has ushered in an era of autonomous and continuous fluid analysis and reporting, setting us apart as unique in today's market.
The benefits of digitalizing fluid services are extensive. They encompass the display of mud property trend curves for interpretation, hazard recognition,
and reduction, cost savings from optimized well conditions and mud treatment requirements, and enabling innovative technologies that rely on continuous, high-resolution, and reliable data input. In essence, we are not only leading in the present but are actively shaping the future of autonomous fluid analysis.
A Thank You to All
In reaching these significant milestones, we acknowledge the integral role played by our dedicated employees, supportive partners, loyal clients, and reliable vendors. It is their collective effort that is making this journey of innovation and progress possible.
In conclusion, Intelligent Mud Solutions is not merely a company but a symbol of innovation, reliability, and a commitment to excellence. Our story is one of triumph over challenges and a relentless pursuit of technological advancement. As we continue to expand our reach, develop new products, and set new records, one can only look forward to the analytical services and developments IMS will bring to the world of autonomous fluid analysis.