The Wireless Well Bore: ICAP Patent Brokerage Announces for Sale Robust Communication and Power Transmission for Downhole Operations Through Induction

SAN FRANCISCO, Oct. 27, 2011 /PRNewswire/ -- ICAP Patent Brokerage, the global leader in intellectual property brokerage and a division of ICAP plc, the world's premier interdealer broker, and ICAP Ocean Tomo Auctions, are offering for sale a robust communication and power transmission for downhole operations through induction at its upcoming Summit on Patent Monetization and Live IP Auction November 16th & 17th in San Francisco. The Lot is owned by DBI Corporation and includes 3 US patent.

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Background

Current drilling practice in the oil and gas industry involves placing equipment, such as control valves, downhole in the well bore, connected by cables to computers up on the surface. Cables provide both power and communication. Cable placement is often both difficult and time consuming. There are ongoing concerns of both reliability and safety.

Key Characteristics & Benefits

This portfolio discloses an induction-based system for wireless communication and power distribution in a well bore. There are no cables.

• The disclosed system in an oil well borehole would include: a casing, a downhole choke inductor, a piping structure, and downhole telemetry equipment.
• Inductance of the downhole choke is selected as a function of the depth of the borehole. The system provides power along with data and control signals to downhole equipment by electrically coupling it via induction to the casing and piping structure.
• Software in the downhole equipment can be reconfigured via the downhole link
• A downhole transmitter couples the data onto the casing and piping structure and transmits the data uphole. This communication system becomes path independent.
• The disclosed system provides robust communication signal-to-noise-ratio for downhole telemetry along with superior power delivery.

Market Potential

This patent portfolio represents a significant increase in operational efficiency for this critical segment of the oil and gas industry.

Forward citing companies include: Halliburton, General Electric, Schlumberger, Shell Oil, Mostar, Pathfinder Energy Services, Smith International

To learn more about the assets available for license in this portfolio:

Contact Dean Becker of ICAP Patent Brokerage at [email protected] or 561-309-0011

Register for the Summit on Patent Monetization

ICAP Patent Brokerage's Summit on Patent Monetization, the annual gathering of the leading participants in the patent monetization ecosystem, will take place before the Live Auction at The Ritz Carlton, San Francisco on November 16th & 17th.  

Join the leading voices in the patent community as we discuss monetization and enforcement, and debate the legal, legislative, and economic influences shaping the patent industry. The Conference includes a planned collaboration session focusing on standardization of patent sale agreements, as well as smaller group sessions built around some of the key challenges facing the partners in the ecosystem: enforcement and litigation, patent quality, patent protection, pooling and other blocking strategies, among others.  

The Conference provides unparalleled networking opportunities and access for established industry players and newcomers alike.  Get to know your partners, peers, and competition.  Join ICAP Patent Brokerage for this engaging, enlightening, and innovative two-day session.  Register today for only $395.

About ICAP Patent Brokerage

ICAP Patent Brokerage is a division of ICAP plc and the world's largest intellectual property brokerage and patent auction firm.

About ICAP

ICAP is the world's premier interdealer broker and provider of post trade services. The Group matches buyers and sellers in the wholesale markets in interest rates, credit, commodities, foreign exchange, emerging markets, equities and equity derivatives through voice and electronic networks. ICAP plc was added to the FTSE 100 Index on 30 June 2006. For more information, go to www.icap.com.

SOURCE ICAP Patent Brokerage