Design Development Process Sample Clauses

Design Development Process. As the market for Dynamic Annular Pressure Control system and its various applications broadens, it is necessary to advance the control valve technology even further to achieve a more reliable pressure-isolation system during the drilling process. Three focus areas for development are currently underway at HVC. These areas are: EXHIBIT B HVC/@BALANCE CONFIDENTIAL DEVELOPMENT AGREEMENT · Enhancements - Designed to broaden the overall application envelope of the HEMIWEDGE® valve system. Examples include increased operational parameters such as burst and collapse ratings, gas tight pressure integrity, corrosion resistant alloys and overall system reliability. · Improvements - Designed to improve the manufacturability of the HEMIWEDGE'® valve design by providing a scalable and standard design concept for ease of assembly and/or field repair. · New Technology - To produce the next generation valve control system configuration, leveraged from the proven components of the existing HEMIWEDGE® valve design concept, for all aspects of the oil and gas drilling and completions environment. As part of the process, these development enhancements and technology advancements will become part of HVC's commercial product offering and be rolled into the mainstream business. Leveraging its technological superior valve design, Hemiwedge Valve Corporation will build hands-on knowledge of valve control systems in various downhole environments. As a result, the product improvement cycle advances and the knowledge database will be updated as the technology evolves. This approach will elevate HVC into the world leader for drilling and completions DIV technology. HVC believes the HEMIWEDGE® system will be the facilitator for a radical change in valve design functionality including enhanced reliability and robustness. With these combined learnings and experience, our company will implement the design concept development, qualification, and commercialization of the HEMIWEDGE®' DIV.
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Design Development Process. (a) Project Co agrees that:
Design Development Process 

Related to Design Development Process

  • Design Development Phase INDICATE IN STATEMENT OF WORK “NOT APPLICABLE” IF SECTION IS NOT APPLICABLE

  • Design Development An interim step in the design process. Design Development documents consist of plans, elevations, and other drawings and outline specifications. These documents will fix and illustrate the size and character of the entire project in its essentials as to kinds of materials, type of structure, grade elevations, sidewalks, utilities, roads, parking areas, mechanical and electrical systems, and such other work as may be required.

  • Development Phase contractual phase initiated with the approval of ANP for the Development Plan and which is extended during the Production Phase while investments in xxxxx, equipment, and facilities for the Production of Oil and Gas according to the Best Practices of the Oil Industry are required.

  • Development Work Do, or cause to be done, such development and other work as may be reasonably necessary to protect from diminution and production capacity of the Mortgaged Property and each producing well thereon.

  • Design Development Documents See Section 2, Part 1, Article 2.1.5.

  • Curriculum Development This includes the analysis and coordination of textual materials; constant review of current literature in the field, some of which are selected for the college library collection, the preparation of selective, descriptive materials such as outlines and syllabi; conferring with other faculty and administration on curricular problems; and, the attendance and participation in inter and intra-college conferences and advisory committees.

  • Program Development NWESD agrees that priority in the development of new applications services by XXXXX shall be in accordance with the expressed direction of the XXXXX Board of Directors operating under their bylaws.

  • Development Program A. Development activities to be undertaken (Please break activities into subunits with the date of completion of major milestones)

  • Development Plan document specifying the work program, schedule, and relevant investments required for the Development and the Production of a Discovery or set of Discoveries of Oil and Gas in the Contract Area, including its abandonment.

  • DEVELOPMENT OR ASSISTANCE IN DEVELOPMENT OF SPECIFICATIONS REQUIREMENTS/ STATEMENTS OF WORK Firms and/or individuals that assisted in the development or drafting of the specifications, requirements, statements of work, or solicitation documents contained herein are excluded from competing for this solicitation. This shall not be applicable to firms and/or individuals providing responses to a publicly posted Request for Information (RFI) associated with a solicitation.

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