New well abandonment tool This new next generation subsea cutting tool provides well severance and is designed to help reduce in-well operational time by as much as 50%. The enhanced multistring cutting tool is a customizable internal multistring conductor cutter that provides well severance from tool deployment to cutting operation and tool recovery within 12 hr, the firm notes. First developed more than 2 years ago in response to demand for a specialist subsea cutting solution that severs fully grouted or nongrouted casing strings, the tool has undergone enhancements including a new design of cutting head. It also now includes wireless data transmission technology, which removes the ne...

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