AGR drills well in record time resulting in significant time and cost savings - AGR
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AGR

AGR drills well in record time resulting in significant time and cost savings

AGR was contracted to design, construct and manage an Operator's primary exploration drilling venture in the North Sea.   
 
BACKGROUND

The well was designed to intersect two potential reservoirs in just one 8Д section. The well was deemed a great technical success with zero downtime incurred while on contract to the Operator. Operations were completed in just over 12 days, well within the AFE on both cost and time.

CHALLENGE

AGR was contracted by a UK-based independent exploration company to drill an exploratory well in the North Sea. As this was to be their first solo venture, the client engaged AGR to ensure that their well was in safe hands.

The project required a well design that would explore the hydrocarbon potential of two targets in the Flugga and Heimdal sandstones. This was coupled with needing to drill the well at a low cost, limiting the risk of the project. A limited drilling budget necessitated a programme that delivered speed and accuracy.

RESULT

By utilising a first-rate drilling rig with a crew that had already established an excellent working relationship with AGR, the drilling of the well was carried out smoothly and efficiently.  

AGR offshore supervisors had been briefed on the importance of the well to the client, and through their man management ensured that the rig crew worked to the limits of their ability in a safe manner, all of which contributed to a highly successful operation.

As a result, AGR delivered the following to the client:
  • This was the client's first operated well on the UKCS
  • A well drilled in just 12.25 days against a budget of 17 days
  • A well meeting all the technical and HSE objectives
  • Cost savings of £1.89 million (26%) against the AFE.

ENABLERS
  • Access to a rig during a tight rig market
  • Access to an integrated team of technical professionals with many years of experience working with and managing clients’ expectations
  • Utilising a novel ‘slim hole’ well design with maximum benefits.