Our Story

Subsea Drive Corporation has innovative technology to maximize deepwater exploration and development value on hydrocarbon fuels to a greater reliance on renewables. In this rapidly evolving and competitive world, our philosophy is to deliver engineering excellence by leveraging the best current oilfield drilling technologies and practices to address the challenge of providing environmentally responsible energy.

Deepwater oil resources offer substantial economic value with relatively low carbon emissions, making them a key focus of our transition strategy. Our strategy begins by optimizing drilling efficiency in deepwater wells, thereby increasing their value and improving the likelihood of achieving well objectives. Additionally, we provide the highest-capacity anchoring for floating wind turbines, which helps reduce the capital costs associated with renewable energy. Both improvements are achieved through the Subsea Drive Riserless Casing Drilling System.

Founded by experienced oilfield professionals and a seasoned corporate insurance and risk manager, Subsea Drive Corporation is driven by a commitment to excellence in engineering. The company’s core technology lies in casing drilling in the subsea environment, which is central to the business cases of both Subsea Drive Corporation and Subsea Anchoring Corporation. This technology is applied to deepen the structural casing of offshore oil and gas wells and to install subsea anchors. By utilizing this technology, both applications significantly reduce the costs associated with offshore wells and the anchoring of floating structures. Subsea Drive Corporation collaborates with technology partners Blade Energy Partners and Frontier Oil Tools, based in Houston, Texas, to further enhance their capabilities.

Deepwater Riserless Casing Drilling System

This application of casing drilling involves deepening the first conductor to capitalize on prevailing formation pressures and extend the deepwater drilling operating windows. The increased depth results in higher formation strengths at the riserless casing shoes, which effectively mitigate shallow-water and gas flow issues and maintain wellbore stability. Consequently, there’s a higher likelihood of achieving the ultimate well objectives within larger operating windows, coupled with enhanced production capacity from a larger completion.

Subsea Anchoring

This application of the Riserless Casing Drilling System is used to set anchors for floating wind turbines and oilfield facilities. It offers a more cost-effective approach to anchoring in various soil conditions and at different seawater depths. By adapting oilfield drilling technology, this system significantly enhances the pullout, or anchoring-resistance, capacities compared to current anchoring systems. Consequently, fewer anchors are required per floating platform, which reduces the seafloor impact of large mooring systems and lowers the capital cost of the structures.