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Deep Water
Today's agenda—deepwater oil and gas
Numbers of deepwater rigs are set to quadruple by 2012. While rich potential rewards are driving exploration ever deeper, the challenges—both technical and logistical—are squeezing already constrained resources. Deep water is a complex, high-risk environment, with no shortcuts to success.
Formidable risks must be addressed and mitigated to meet deepwater objectives. Critical decisions require both breadth of global experience and depth of knowledge—to reduce uncertainties and minimize both timescales and costs.
Integration to create value and cut costs
Important advantages follow from integration of deepwater processes, and delivery by a worldwide support team. The highest value is created by early and accurate booking of reserves, reducing time to first oil and maximizing production. Costs are cut by reducing downtime, optimizing resource utilization, and securing reliable access to resources (both people and logistics).
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Deepwater Prospect Identification & Evaluation
Using a suite of complementary exploration tools, processes, and interpretation techniques to locate the most promising deepwater prospects
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Deepwater Well Construction
Proven drilling technologies and processes to improve recovery ratios and to keep surprises—and the downtime and the costs they bring—to a minimum
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Deepwater Reservoir Characterization
Improving reservoir characterization and knowledge management with 3D modeling of seismic and drilling data, formation evaluation logs, and well test data
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Deepwater Well Completions
Optimizing producibility by selecting the right completion, stimulation, and sand control for life-of-the well reliability
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Deepwater Production Assurance
Enhancing production through reservoir management that uses effective flow assurance and artificial lift strategies and real-time monitoring and control technology


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