Slimming The Wellbore
Reducing overall well costs and authority for expenditures (AFE) is the key benefit of well slimming projects. Incorporating SET technology into a well’s planned architecture offers a slimmer well profile, without compromising planned completion programs. Slimmer well architecture:
- Increases rate-of-penetration (ROP) with better hydraulics and hole cleaning
- Enables use of smaller rig
- Eliminates need for large blowout preventers (BOP)
- Reduces environmental impact (less cuttings, mud, cement, steel tonnage)
- Allows conventional contingency strings lower in the well
These benefits are accentuated by bringing wells online faster. One operator decreased days-to-depth by over 20 days. Reducing costs per well by $1,000,000. And got every fifth well for free.