Extended Reach Drilling
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JMA JMA Extended Reach Drilling Extended Reach Drilling Impact - UK Southern Gas Impact - UK Southern Gas Basin Basin Cost Savings = $70 million Cost Savings = $70 million 1 less well - $12 million 1 less well - $12 million Lower drilling cost - $18 million Lower drilling cost - $18 million One platform instead of two - $40 million One platform instead of two - $40 million Increased Reserves Increased Reserves Tristan: 34 BCF developed from Welland Field Tristan: 34 BCF developed from Welland Field Cador: 20 BCF developed from Camelot Field Cador: 20 BCF developed from Camelot Field
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Extended Reach Drilling. Impact - UK Southern Gas Basin. Cost Savings = $70 million 1 less well - $12 million Lower drilling cost - $18 million One platform instead of two - $40 million Increased Reserves Tristan: 34 BCF developed from Welland Field - PowerPoint PPT Presentation
Transcript of Extended Reach Drilling
JMAJMA
Extended Reach DrillingExtended Reach DrillingImpact - UK Southern Gas BasinImpact - UK Southern Gas Basin
• Cost Savings = $70 millionCost Savings = $70 million1 less well - $12 million1 less well - $12 millionLower drilling cost - $18 millionLower drilling cost - $18 millionOne platform instead of two - $40 millionOne platform instead of two - $40 million
• Increased ReservesIncreased ReservesTristan: 34 BCF developed from Welland FieldTristan: 34 BCF developed from Welland FieldCador: 20 BCF developed from Camelot FieldCador: 20 BCF developed from Camelot Field
