NeoDrill Yes, we CAN TM TM ! Egypt Norway Technology days - - PowerPoint PPT Presentation

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NeoDrill Yes, we CAN TM TM ! Egypt Norway Technology days - - PowerPoint PPT Presentation

NeoDrill Yes, s, we CAN TM TM ! NeoDrill Yes, we CAN TM TM ! Egypt Norway Technology days CAN-Technology Presentation February 13, 2017 www.neodrill.com NeoDrill What is a CAN? Yes, s, we CAN TM TM ! CAN = C onductor A nchor N ode


slide-1
SLIDE 1

NeoDrill

Yes, s, we CANTM

TM!

NeoDrill

Yes, we CANTM

TM!

Egypt – Norway Technology days CAN-Technology Presentation

February 13, 2017

www.neodrill.com

slide-2
SLIDE 2

NeoDrill

Yes, s, we CANTM

TM!

What is a CAN?

  • CAN = Conductor Anchor Node
  • A pre-rig installed well foundation
  • The CAN may replace the conventional conductor
  • CAN is also a single production well template

15.02.2017 Confidential 2

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SLIDE 3

NeoDrill

Yes, s, we CANTM

TM!

The CAN is pre-installed with a DP Work Vessel

3 15.02.2017 Restricted Distribution

Method advantages:

  • VERIFIED LOAD CAPACITY
  • SMALLER SPUD BHA
  • SIMPLIFIED P/A
  • RISK MITIGATION
  • SHALLOW KICK OFF
  • FATIGUE MANAGEMENT
  • ACCELERATED PRODUCTION
slide-4
SLIDE 4

NeoDrill

Yes, s, we CANTM

TM!

CAN Main Options

15.02.2017 Confidential 4

  • 1. CAN (Problem solver)

– Very soft seabeds – Conductor jetting

slide-5
SLIDE 5

NeoDrill

Yes, s, we CANTM

TM!

CAN Main Options

  • 2. CAN-ductor (Cost Cutter)

– Conductor Pre-installed in CAN in the workshop

15.02.2017 Confidential 5

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SLIDE 6

NeoDrill

Yes, s, we CANTM

TM!

CAN Main Options

  • 3. CAN-slender

15.02.2017 Confidential 6

Benefits:

  • Drill slender wells with standard rigs
  • No 30’’ & 20’’ sections
  • No top-hole cementing
  • 17 ½‘’ Spud BHA (returns to seabed)
slide-7
SLIDE 7

NeoDrill

Yes, s, we CANTM

TM!

CAN Track Record

  • 15 CAN installations for

– Exploration wells – Production wells

  • Water Depth

– Shallowest: WD 125 m – Deepest: WD 1 444 m

  • CAN technology users

– Statoil – Eni – Centrica – Lundin – Det Norske – Endeavour UK – OMV

  • Locations

– Norway – UK

  • Present project (#16): 2250m WD

15.02.2017 Confidential 7

slide-8
SLIDE 8

NeoDrill

Yes, s, we CANTM

TM!

CAN Installation

  • Vessel requirements

– DP – AHC Crane ≥ 150 ton – Work ROV – Surveying services

  • Location time < 24 Hrs
  • Multiple CAN installation/

recovery campaign will significantly improve cost efficiency

15.02.2017 Confidential 8

slide-9
SLIDE 9

NeoDrill

Yes, s, we CANTM

TM!

P&A / CAN recovery:

  • Casing cutting:

– CAN: Conductor & Surface Casing – CAN-ductor: Surface casing only

  • ROV pump out CAN
  • Vessel retrieve CAN
  • Prepare CAN for next job

=> CAN is fully reusable!

15.02.2017 Confidential 9

slide-10
SLIDE 10

NeoDrill

Yes, s, we CANTM

TM!

15.02.2017 Confidential 10

CAN for Production Wells

  • CAN is a one-well template enabling
  • Pre-rig well construction
  • Pre-rig SPS installation
  • Protection structure integral

part of CAN

  • Dual CAN units possible

https://www.youtube.com/watch?v=QKs_3SxqH6k

slide-11
SLIDE 11

NeoDrill

Yes, s, we CANTM

TM!

Alternative Field Development; Single Wells

15.02.2017 Confidential 11

Drilling

Drilling On Schedule Start Prod Drilling Late Start Drilling Late Start and Longer Duration SPS & SURF

Planning ‘float’

Conventional field development:

Planning ‘float’ SPS & SURF equipment ‘storage’ time

Main Problem: Rig dependency all through the project!

slide-12
SLIDE 12

NeoDrill

Yes, s, we CANTM

TM!

15.02.2017 Confidential 12

Drilling

Drilling On Schedule Start Prod Drilling Late Start Drilling Late Start and Longer Duration Drilling (Start & Duration?) CAN + SPS & SURF Start Prod SPS & SURF

Planning ‘float’

Coupled activities Defined activity start date

Conventional field development: CAN Integrator field development:

Planning ‘float’

Planning Float

Production accel. potential SPS & SURF equipment ‘storage’ time

Reduced Rig dependency simplifies Project Execution!!

Alternative Field Development; Single Wells

slide-13
SLIDE 13

NeoDrill

Yes, s, we CANTM

TM!

CAN Technology Offers:

  • Better integration of Drilling and SPS operations

– Reduced dependence of rig performance – Project risk reduction – Reduced rig scope

  • Cost reduction

– Equipment – Operations – Smaller installation vessels – Integrated protection structure

  • Flexible field architecture

– Simplified planning and scheduling

15.02.2017 CAN Technology Presentation 13

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SLIDE 14

NeoDrill

Yes, s, we CANTM

TM!

Summary

  • CAN offers higher well load capacities:

– Operational – Accidental

  • CAN-ductor saves rig drilling time
  • CAN integrates Drilling SPS and SURF

activities - enables:

– Cost reduction – Accelerated production

  • Risk Mitigation and Quality Assurance
  • Reduced environmental footprint
  • Available and Proven Technology
  • High local content

15.02.2017 Confidential 14