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Program Structure

DeepStar® is the industry’s longest-running and most successful offshore technology development consortium and it has generated significant value by providing technology transfer to its members and the industry.

 

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CORE Program

DeepStar® CORE Program focuses on all members’ common collaborative technology needs; discusses industry technology issues and develops ideas for larger, elective satellite projects.

 

Annual Budget >$1,200,000 

Schedule: May-May

Operator Member  $100,000
Associate Member  $15,000

 

All membership fees are annual (May-May)
Operator membership level is based on ownership of offshore leases. 
Associate Member is any firm or corporation who is engaged in offshore activity as a drilling contractor,
service company, supplier, or other capacity.

Membership Agreement 2023-2024

             Extension to Membership Agreement 2023

   Amendment Service Agreement 2023

Satellite Projects

Focuses on elective Satellite Projects in which the technology advancement is aided by collaboration among interested parties.

Satellite projects are funded with separate cash calls from the project participants (mainly operator companies). A satellite project must be led by at least one DeepStar Core Operator company.


Budget and Schedule Vary

Subsea Mechanical Dispersion
 

$3 million

Surface Controlled Subsurface Safety Valves  

$2.5 million

20 K Systems Validation

$2.3 million

Low-Cost Thickness Sensors for Subsea Applications

$1.5 million

HN to Prevent Asphaltene Deposition in the Near-Well Region

$150K
 

Surface Current Imager Nowcast System (SCINS)

$60K


      
Annual member cost per project
Administration fee is not included in project price.
Core Members save 25% on satellite project administration fee.



 

   Nippon Foundation Partnership projects 

 

Global collaborative technology development to which DeepStar provides an operator-driven, collaborative technology development program that leverages other stakeholders' capital investment.

Annual Budget <$20,000,000 
Schedule: May-May

             NF DeepStar Projects Management Service 2023

                      

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