Our strong commitment to innovation is reflected in the technologies we brought to market throughout the year. By developing technologies that address specific operator challenges, we enable our customers to achieve their objectives more efficiently and profitably.
This drive for innovation continues in 2018 as we enhance our drilling, formation evaluation, well construction, completion, and production portfolios.
In May, we launched the ForeSite™ production optimization platform, a single-platform solution that uniquely integrates physics-based models and advanced data analytics to increase equipment uptime and ultimately extend asset life. The state-of-the-art technology was featured in a keynote presentation given by Intel at the 2017 Internet of Things Solutions World Congress. Since then, we have installed the ForeSite platform on 1,800 reciprocating-rod lift units in the U.S.
The AutoTong system, which was introduced by the Company in September, has been successfully deployed on four jobs globally, including land and offshore operations. In each case, the technology delivered consistent connection makeup and immediately alerted the rig crew to any connections that did not meet the established parameters, thereby assuring greater well integrity. Customers have been impressed with the consistency of the connection-makeup graphs as well as with the overall efficiency of the system.
Expanding on the capabilities of our Raptor cased-hole reservoir evaluation tool, the Raptor™ 2.0 system combines a pulsed-neutron wireline logging device with advanced petrophysical workflows. The system has been tested and proven in more than 200 field runs, including several noteworthy jobs in North America and Latin America. In Western Canada, the system assessed the remaining production potential of three shut-in unconventional wells and identified untapped oil- and gas-producing zones in two of the three wells.
After a two-year period of joint development and successes with Chevron, the HeatWave Extreme logging-while-drilling (LWD) service became commercially available to all operators in May 2017. The service has been deployed in 76 wells to drill more than 300,000 total feet. To date, it is the only triple-combo LWD technology to have run successfully at temperatures exceeding 175°C.
The Endura® dual-string section mill sets the stage for a permanent, verifiable rock-to-rock barrier while fulfilling the strictest regulatory requirements for plug and abandonment (P&A) operations. Additionally, it can reduce the time needed for a P&A operation by half, saving millions of dollars in the process. The technology was deployed offshore Australia in 2017. The operation was completed in 147 hours, which saved the operator 118 hours of rig time—valued at $1.97 million—compared to conventional P&A methods.