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.
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.
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