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New pricing strategy makes drilling simulators more accessible for oil and gas market

11 September 2019

Simulator training is know to be the most effective way to prepare people for the workplace and a new financing option is making drilling simulator technology more affordable.

Drilling Systems has launched a new licence-based pricing model which will cut the overall cost of entry level simulator technology by more than half.

The new licencing option is available on a range of Drilling Systems’ products including the DrillSIM:5 and DrillSIM:20 drilling and well control simulator models.

DrillSIM:20 drilling and well control simulator orange remote choke console and blue drilling controls console

The DrillSIM:20 is accredited by the International Association of Drilling Contractors (IADC) and the International Well Control Forum (IWCF) for regulatory based well control certification.

These simulators are fully portable and allow crews to practise real-time drilling and well control operations in a safe environment so they are better prepared for the real thing.

VIEW DRILLSIM:20 PRODUCT PAGE

The new pricing strategy enables customers to pay a much lower upfront cost and an annual licence fee includes all software upgrades and inclusive remote support. This eliminates the need for a large initial capital expenditure commitment and spreads the cost over a longer period.

"Providing a licence option allows companies to own a simulator asset immediately for a significantly lower upfront cost with a licence for all software updates and remote support available for however long they need it."
Clive Battisby, Director of Simulation Operations, 3T Energy Group

Clive Battisby, director of simulation operations at 3T Energy Group, said: “3T’s aim is to transform the global training market through technology and we are constantly looking at innovative ways to help the oil and gas sector achieve greater efficiencies whilst improving safety. We want to open up the option of simulator training to more oil and gas clients and have introduced this new finance model to help. Providing a licence option allows companies to own a simulator asset immediately for a significantly lower upfront cost with a licence for all software updates and remote support available for however long they need it. Our research has shown this idea is welcomed by the oil and gas sector and will hopefully allow more companies to enjoy the benefits of a better trained, highly competent and safer workforce.

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