Cudd Pressure Control, Inc.

Bernt Olsen

Hiram L Bickle

Bjorn Rudshaug

Bertrom Ballard, Jr

Randall D Lagendyk

Gary Vaughan

A heave compensation system that facilitates the transfer of pipe between a floating platform and a snubbing jack. The heave compensation system includes a first end connected to the floating platform and a second end in connection with a traveling slip assembly of the snubbing jack, the heave compensation system is operable between a disengaged position and an engaged position. When the heave compensation system is in the disengaged position the traveling slip assembly moves separate and independent from the movement of the floating platform, and when the heave compensation system is in the engaged position the traveling slip assembly is locked in a constant position relative to the floating platform.

Heave compensated snubbing system and method

A heave compensation system to enable the transfer of tubulars between a floating platform and a snubbing jack. The heave compensation system includes a first end connected to the floating platform and a second end in connection with a traveling slip assembly of the snubbing jack, the heave compensation system is operable between a disengaged position and an engaged position. When the heave compensation system is in the disengaged position the traveling slip assembly moves separate and independent from the movement of the floating platform, and when the heave compensation system is in the engaged position the traveling slip assembly is locked in a constant position relative to the floating platform.

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Elk City, OK, United States of America

Bernt Olsen