North Bay driller cashes in on innovation.
Position | Brief article |
A North Bay drilling company received $170,000 from the National Research Council's (NRC) Industrial Research Assistance Program fund.
The money for the drilling services company is earmarked for the development of a data acquisition system to capture and record essential production data from drilling rigs.
A news release said the data collected will be used to increase the overall productivity and the safety of crews and rigs.
"NRC funding has allowed Foraco to more aggressively move toward our research and development initiatives," said Tim Bremner, a senior vice-president...
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