Investor Highlights

Mexico Map

New Multiclient Surveys in the Gulf of Mexico

In Mexico, Schlumberger and Shell signed an agreement to license a large WesternGeco® dataset from the Campeche and Perdido areas. The agreement details include:

  • acquisition of new multiclient surveys using third-party vessels
  • licensing existing data
  • advanced high-resolution reimaging on subsets of data in parallel with data processing.

The data will aid Shell in optimizing drilling locations in the oil and gas blocks it was awarded during Mexico's bid round 2.4.

DELFI Cognitive E&P Environment

Partner of Choice for Digital Strategy

Since the launch of the DELFI* cognitive E&P environment at the SIS Global Forum in 2017, Woodside has worked closely with Schlumberger to implement its digital strategy across all E&P workflows. In January 2019, Woodside signed an MOU that:

  • establishes Schlumberger as Woodside's partner of choice for early access to new digital technology solutions
  • will help Woodside lead the industry in cloud-enabled digital technology deployment and R&D innovation across all domains.
PowerDrive Xceed* ruggedized rotary steerable system

Integrated Drilling Reduces Operation Costs

In the Norwegian sector of the North Sea, Integrated Drilling Services (IDS) used a combination of technologies in three wells to help Equinor increase the average meters drilled per day by 29% compared with similar offsets, reducing operational cost by $4.9 million per well. Close collaboration with the customer and the drilling contractor enabled the time savings through:

  • more robust well design
  • reducing flat time
  • more efficient drilling tools and services.

These challenging wells typically require multiple runs to replace drilling tools compromised by severe shock and vibration. Schlumberger technologies, such as PowerDrive Xceed* ruggedized rotary steerable system and GeoSphere* reservoir mapping-while-drilling service, played an important role in achieving the time savings of 6.7 days per well.

PowerDrive Orbit

Increasing ROP in the Permian Basin

In the Permian Basin, Drilling & Measurements used PowerDrive Orbit* rotary steerable system for Diamondback Energy, Inc. to increase the rate of penetration (ROP) in a well by 42% compared with a direct offset well on the same pad drilled with conventional tools. With this well, the customer:

  • established a new lateral length record of 13,319 ft
  • drilled the most cost efficient well to date.

In addition, the improved performance was consistently delivered in the next two wells on the pad.

Capital-Efficient Solutions

Capital-Efficient Solutions in Australia

Woodside has awarded OneSubsea a two-year contract to deliver an integrated gas production system for the Julimar Development Phase 2 offshore Australia. OneSubsea Capital-Efficient Solutions reduce project cycle time and overall cost and are now an integral part of all customer projects.

 

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