AGR delivers 8 production wells on Volve ahead of budget
AGR delivered increased value to the Volve field Operator, Statoil, by completing the drilling 85 days ahead of budget and no LTI or serious spills recorded.
AGR was assigned by Statoil to deliver Well Management services for the second drilling campaign on the Volve field. This was the first time Statoil used an independent Well Management company. The operation was conducted using jack-up Maersk Inspirer.
Postponed start up of the operations due to late equipment deliveries
Drilling unit cold-stacked for three years before kick off of operations
ARIS introduced as new governing documentation across entire Statoil organisation
Simultaneous operations - drilling and production with limited space for personnel and equipment
Production culture vs drilling culture
Short deadlines and dynamic planning based on the outcome of the pilot wells
VALUE ADDED TO CLIENT
Eight wells drilled in 390 days - 85 days ahead of budget in comparison with the first drilling campaign
All eight wells delivered with continuous excellent performance
Two slot recoveries and four well completions successfully performed
Increased oil production by +/- 17,000 BOPD, 5 mio BOE in total
Internally "Rig of the Month": from cold to 3rd in eight months
Excellent cooperation between Statoil's PeTek and AGR's Well Management teams