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Industry Article: Cutting Costs in Well Construction

A look at what service companies are doing to innovate and drive efficiency and cost savings in well construction

Cutting Costs in Well Construction
Publication: Oilfield Technology
Publication Date: 06/01/2015

The industry has shared many excellent articles and case studies on ways to enhance drilling and completion operations, increase safety, and decrease the overall cost per barrel of oil equivalent (BOE). Service alignment and technology enable a sustainable future for both operators and service companies.

Service companies are taking on the challenge to address the “other 20%.” When one considers all the players and procedures in the well construction process, the industry has an excellent understanding of what needs to be done; this is the 80%. The “other 20%” is discovering ways to further support the various aspects of well construction by finding new ways to drive efficiencies and cost savings. In unconventional shale plays, this includes innovations in wellheads, frac trees, and fracturing fluid delivery, as well as an increase in overall equipment reliability. Cameron is addressing all these aspects.

The onus of success in unconventionals is on the reliability of necessary technology to keep the industry moving forward. As the gap in the “other 20%” is closed, both operators and service companies will be able to thrive, even in a low-oil-price environment.



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In unconventional shale plays, Cameron is finding new ways to drive efficiencies and cost savings in well construction, including innovations in wellheads, frac trees, and fracturing fluid delivery, as well as greater equipment reliability. Visit Cameron Fracturing Services & Equipment page