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
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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
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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.
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Membership Agreement 2023-2024
Extension to Membership Agreement 2023
Amendment Service Agreement 2023
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Satellite Projects
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Focuses on elective Satellite Projects in which the technology advancement is aided by collaboration among interested parties.
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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.
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Budget and Schedule Vary
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Subsea Mechanical Dispersion
$3 million
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Surface Controlled Subsurface Safety Valves
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$2.5 million
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20 K Systems Validation
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$2.3 million
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Low-Cost Thickness Sensors for Subsea Applications
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$1.5 million
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HN to Prevent Asphaltene Deposition in the Near-Well Region
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$150K
Surface Current Imager Nowcast System (SCINS)
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$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.
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Annual Budget <$20,000,000
Schedule: May-May
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NF DeepStar Projects Management Service 2023
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