Capshell

Drilling 4.0
FEL PM Timeline
 Simulation and
4 Testing Phase

CAD / CAM Phase 3 5 Prototyping and

Refinement Phase
Continuous
Innovation Phase Design Phase Sales & Customer Improvement &
Regulatory Acquisition Feedback
1 2 6 10 11
Compliance &
Certifications

Manufacturing & 7 9 Go-to-Market

Scalability Launch

Marketing & Go-

to-Market
Preparation
 Simulation and
4 Testing Phase

CAD / CAM Phase 3 5 Prototyping and

Refinement Phase
Continuous
Design Phase Sales & Customer Improvement &
Innovation Regulatory Acquisition Feedback
2 6 10 11
Phase Compliance &
Certifications

Month 1-3: Conduct Manufacturing & 7 9 Go-to-Market

extensive research and
brainstorming sessions to
Scalability Launch
identify the core challenges
and opportunities in subsea
well intervention. Month 4-6:
Formulate the initial concept
for the robotic rig solution
and evaluate its feasibility. 8

Marketing & Go-

to-Market
Preparation
 Simulation and
4 Testing Phase

CAD / CAM Phase 3 5 Prototyping and

Refinement Phase
Continuous
Improvement &
Innovation Phase Design Sales & Customer
Feedback
Regulatory Acquisition
1
Phase Compliance & 6 10 11

Certifications

Month 7-9: Assemble a

multidisciplinary team of
engineers, technologists,
and experts to work on the Manufacturing & 7 9 Go-to-Market
design of Capshell. Month Scalability Launch
10-12: Develop detailed
design specifications,
including mechanical,
electrical, and software
components.
8

Marketing & Go-

to-Market
Preparation
 Simulation and
4 Testing Phase
Month 13-15: Utilize CAD software to create
3D models of Capshell, refining the design
for optimal efficiency and performance.
Month 16-18: Implement CAM processes to
translate the digital design into CAD / CAM
Phase
manufacturing instructions, ensuring
precision and accuracy. 5 Prototyping and
Refinement Phase
Continuous
Innovation Phase Design Phase Sales & Customer Improvement &
Regulatory Acquisition Feedback
1 2 6 10 11
Compliance &
Certifications

Manufacturing & 7 9 Go-to-Market

Scalability Launch

Marketing & Go-

to-Market
Preparation
 Month 19-21: Conduct virtual simulations to
Simulation & test the performance and behavior of
Capshell under various operational
Testing Phase scenarios. Month 22-24: Build a prototype of
Capshell for real-world testing and
validation, making necessary improvements
based on test results.

CAD / CAM Phase 3 5 Prototyping and

Refinement Phase
Continuous
Innovation Phase Design Phase Sales & Customer Improvement &
Regulatory Acquisition Feedback
1 2 6 10 11
Compliance &
Certifications

Manufacturing & 7 9 Go-to-Market

Scalability Launch

Marketing & Go-

to-Market
Preparation
 Simulation and
4 Testing Phase
Month 25-27: Fabricate the first working
prototype of Capshell, integrating all
components and systems. Month 28-30:
Prototyping Perform extensive field testing and gather
feedback for further refinement and
& Refinement optimization.
CAD / CAM Phase 3
Phase
Continuous
Innovation Phase Design Phase Sales & Customer Improvement &
Regulatory Acquisition Feedback
1 2 6 10 11
Compliance &
Certifications

Manufacturing & 7 9 Go-to-Market

Scalability Launch

Marketing & Go-

to-Market
Preparation
 Simulation and
4 Testing Phase

CAD / CAM Phase 3 5 Prototyping and

Refinement Phase
Continuous
Innovation Phase Design Phase
Regulatory Sales & Customer Improvement &
Compliance & Acquisition Feedback
1 2
Certifications 10 11

Month 31-33: Engage with relevant

regulatory bodies to ensure compliance
Manufacturing & 7 9 Go-to-Market with safety and environmental standards.
Scalability Month 34-36: Obtain necessary
Launch
certifications for Capshell to operate in
the oil and gas industry.

Marketing & Go-

to-Market
Preparation
 Simulation and
4 Testing Phase

CAD / CAM Phase 3 5 Prototyping and

Refinement Phase
Continuous
Innovation Phase Design Phase Sales & Customer Improvement &
Regulatory Acquisition Feedback
1 2 6 10 11
Compliance &
Certifications

Month 37-39: Finalize the

Manufacturing
manufacturing process and establish & Scalability 9 Go-to-Market
partnerships with reliable suppliers.
Month 40-42: Scale up production
Launch
capacity to meet anticipated demand.
.

Marketing & Go-

to-Market
Preparation
 Simulation and
4 Testing Phase

CAD / CAM Phase 3 5 Prototyping and

Refinement Phase
Continuous
Innovation Phase Design Phase Sales & Customer Improvement &
Regulatory Acquisition Feedback
1 2 6 10 11
Compliance &
Certifications

Manufacturing & 7 9 Go-to-Market

Scalability Launch

Marketing &
Go-to-Market Month 43-45: Develop a comprehensive
Preparation marketing strategy and materials,
including the pitch deck, website, and
promotional content. Month 46-48:
Prepare for the go-to-market launch,
identifying target customers and key
industry events.
 Simulation and
4 Testing Phase

CAD / CAM Phase 3 5 Prototyping and

Refinement Phase
Continuous
Innovation Phase Design Phase Sales & Customer Improvement &
Regulatory Acquisition Feedback
1 2 6 10 11
Compliance &
Certifications
Go-to-
Market Month 49-51: Officially launch Capshell to

Manufacturing & 7 Launch the market, making announcements

through industry events and media
Scalability channels. Month 52-54: Start marketing
campaigns to create awareness and
generate interest among potential
customers and investors.

Marketing & Go-

to-Market
Preparation
 Simulation and
4 Testing Phase

Month 55-57: Initiate sales efforts,

engaging with potential customers and
conducting demonstrations of Capshell's
capabilities. Month 58-60: Secure initial
customers and build relationships for
CAD / CAM Phase potential long-term partnerships.
3 5 Prototyping and
Refinement Phase
Continuous
Sales & Improvement &
Innovation Phase Design Phase
Customer Feedback
Regulatory
1 2
Compliance & 6 Acquisition 11

Certifications

Manufacturing & 7 9 Go-to-Market

Scalability Launch

Marketing & Go-

PLAN
to-Market
Preparation
 Simulation and Ongoing: Gather customer
feedback and insights to
4 Testing Phase continuously improve the
performance and features
of Capshell. Ongoing: Stay
updated with industry
advancements and
incorporate new
technologies and
CAD / CAM Phase innovations into Capshell.
3 5 Prototyping and
Refinement Phase
Continuous
Innovation Phase Design Phase Sales & Customer Improvement &
Regulatory Acquisition Feedback
1 2 6 10
Compliance &
Certifications

Manufacturing & 7 9 Go-to-Market

Scalability Launch

Marketing & Go-

to-Market
Preparation
 FRONT END LOADING
PROJECT MANAGEMENT

Execution
Visualization
Identification Conceptulisation
Selection Definition
Definition Mobilization
Mobilization Post
Operation
Assessment
Gate 1 Gate 2 Gate 3 Gate 4 Gate 5

BASIS OF SCT and ADHD BASIC ENGINEERING DETAILED ENGINEERING MOBILIZE PILOT EXECUTE PILOT
Description

Preliminary Project Final Project

Intent to execute pilot Mobilization Project closure
Requirements Requirements

FEL-PM
Gate transition
Condition for

Do we have any
Do we have sufficient Is the PILOT program contractual,
Do we have a reliable Are we ready to
information to initiate a detailed enough for a operational,
PILOT program? mobilize the PILOT?
PILOT program? successful execution? environmental or
logistical dependency?

PLANNING AND DESIGN PILOT