CADE March Luncheon
Wednesday March 15, 2017 at The Calgary Petroleum Club
Reducing North Duvernay Drilling Costs Through NPT Analysis & Drilling Optimization
Please join us on Wednesday March 15, 2017 where we will have a discussion about the sources of NPT in Duvernay drilling, and how to effectively predict, manage, and avoid potential causes of NPT when drilling Duvernay plays.
More than 500 wells have been drilled to the Duvernay since January 2010. With proven upsides, experts project the drilling of 8,000+ wells by 2040. As with all new plays, there’s a significant learning curve with opportunities to reduce drilling costs through NPT analysis and drilling optimization. With a particular focus on drilling, we performed a North Duvernay study, analyzing NPT for 103 wells in order to understand problems that occurred, and issues that could be either avoided or mitigated in future operations.
The objectives of these analyses were to:
- Identify drilling non-productive time (NPT) in the North Duvernay area utilizing digital tour sheet data and information.
- Classify NPT hours by type, within formation hole section.
- Utilize a risk matrix to take each potential NPT event type and add practical recommendations for prevention and mitigation of each.
A total of $35MM worth of drilling costs were identified as being non-productive, split between formation and mechanically related NPT.
Peter Phillips, P.Geol. (Shared Earth Solutions)
A professional geologist with over 30 years’ experience in the E&P industry ranging from exploration and wellsite geology to geo-framework modeling and reservoir characterization, Peter’s passion is towards the integration of the G&G, drilling, reservoir engineering, reservoir simulation and production engineering disciplines to optimize profitability throughout the life of the asset. Peter spent over two years as Geoscience Specialist with Talisman/Repsol’s Real Time Operations Center.
With an extensive information systems background, Peter’s accomplishments include the integration of drilling operations reporting and real time data acquisition with geologic framework modeling to support real time operations monitoring in Indonesia, Kurdistan, Peru, Malaysia, Vietnam, and North America.
Date and Time:
Wednesday March 15, 2017
Check-in & Buffet Lunch Opens: 11:30AM