The first few NSW primes are 7, 41, 239, 9369319, 63018038201, … (sequence A088165 in the OEIS), corresponding to the indices 3, 5, 7, 19, 29, … (sequence A005850 in the OEIS).
The sequence S alluded to in the formula can be described by the following recurrence relation:
The first few terms of the sequence are 1, 1, 3, 7, 17, 41, 99, … (sequence A001333 in the OEIS). Each term in this sequence is half the corresponding term in the sequence of companion Pell numbers. These numbers also appear in the continued fraction convergents to √2.