ADNOC intending to obtain dozens of rigs by 2025
ADNOC Drilling, a subsidiary of the Abu Dhabi National Oil Business (ADNOC), has actually introduced a significant gear fleet growth programme to sustain ADNOC's upstream development plans and allow the shipment of its 2030 Smart Growth Method.
In Oilfield Chemicals of the wider development program, ADNOC obtained, in November 2019, four technically advanced and also UAE-built land rigs with a complete value of over AED 350 million (US$ 100 million). Adhering to the integration of the 4 rigs, which will certainly sign up with the fleet in 1Q20, ADNOC Boring intends to obtain lots of extra land, offshore, and also island gears by 2025.
The growth program was introduced at the 15th annual Gear Owners Seminar, which is organised by ADNOC Exploration in cooperation with DNV GL and hung on the sidelines of the Abu Dhabi International Oil Event and also Meeting (ADIPEC).
Abdulmunim Saif Al Kindy, ADNOC Upstream Executive Supervisor and also Chairman of the Board of Supervisors of ADNOC Boring, stated: "ADNOC Drilling's gear fleet expansion highlights ADNOC's drive to unlock as well as increase worth from Abu Dhabi's substantial hydrocarbon resources and will certainly even more boost exploration and also well-completion performances. The program is an essential enabler of our plans to considerably raise boring for conventional oil and gas in addition to considerably ramp up the number of unconventional wells, as we grow our oil production capability and also job to achieve gas self-sufficiency for the UAE.
" This major gear development programme cements ADNOC Drilling's placement as the largest boring business between East and the region's first completely Integrated Exploration Provider (IDS) company and also will certainly sustain ADNOC's target to accomplish a crude oil production capability of 5 million barrels per day by 2030."
The four new rigs gotten in November 2019 were produced in the UAE by National Oilwell Varco (NOV) as well as will be released in ADNOC's onshore areas, which currently contribute more than 50% of ADNOC's everyday Murban oil manufacturing capacity. Obtaining UAE-built rigs, underpins ADNOC's In-Country Worth strategy, aimed at the growth and diversity of the UAE's economy. The gear enhancements take the worth of UAE-built gears in ADNOC Drilling to greater than AED 7 billion (US$ 1.9 billion).
Abdalla Saeed Al Suwaidi, Chief Executive Officer of ADNOC Drilling, stated: "Our rig fleet has actually broadened greater than three-fold in less than a decade, from 29 rigs in 2010 to our existing 95 gears. The following phase of development will additionally enhance ADNOC Boring's capacities as well as strengthen our crucial duty of supporting the ADNOC Group in catching more worth from every barrel of oil it creates. On top of that, the property of modern, diverse, and technically progressed rigs enhances our functional efficiency as we amplify our drilling tasks in accordance with ADNOC's 2030 clever growth strategy and also a more lucrative upstream."
Complying with the honor to Baker Hughes of a 5% share in ADNOC Boring in 2018, ADNOC Exploration transformed right into a completely Integrated Boring Solutions (IDS) organisation that can providing start-to-finish drilling and well-construction.
The business's service offering includes the entire drilling value chain by integrating a variety of oilfield solutions, catching more value from ADNOC's upstream development and the substantial rise in the number of wells required because of this. The application of IDS has enhanced drilling performance by approximately 25%, resulting in considerable cost financial savings and also enhanced well productivity.
ADNOC's Rig Owners' seminar serves as an essential platform for rig proprietors, classification cultures, operating firms, and aquatic and overseas provider that convene to trade expertise and also share finest methods on boosting boring efficiency, possession honesty, as well as HSE performance.
The full-day workshop consisted of several technological presentations that covered different aspects of technology adoption in the boring market, offered by a team of very certified specialists from GCC and also global companies.
In Oilfield Chemicals of the wider development program, ADNOC obtained, in November 2019, four technically advanced and also UAE-built land rigs with a complete value of over AED 350 million (US$ 100 million). Adhering to the integration of the 4 rigs, which will certainly sign up with the fleet in 1Q20, ADNOC Boring intends to obtain lots of extra land, offshore, and also island gears by 2025.
The growth program was introduced at the 15th annual Gear Owners Seminar, which is organised by ADNOC Exploration in cooperation with DNV GL and hung on the sidelines of the Abu Dhabi International Oil Event and also Meeting (ADIPEC).
Abdulmunim Saif Al Kindy, ADNOC Upstream Executive Supervisor and also Chairman of the Board of Supervisors of ADNOC Boring, stated: "ADNOC Drilling's gear fleet expansion highlights ADNOC's drive to unlock as well as increase worth from Abu Dhabi's substantial hydrocarbon resources and will certainly even more boost exploration and also well-completion performances. The program is an essential enabler of our plans to considerably raise boring for conventional oil and gas in addition to considerably ramp up the number of unconventional wells, as we grow our oil production capability and also job to achieve gas self-sufficiency for the UAE.
" This major gear development programme cements ADNOC Drilling's placement as the largest boring business between East and the region's first completely Integrated Exploration Provider (IDS) company and also will certainly sustain ADNOC's target to accomplish a crude oil production capability of 5 million barrels per day by 2030."
The four new rigs gotten in November 2019 were produced in the UAE by National Oilwell Varco (NOV) as well as will be released in ADNOC's onshore areas, which currently contribute more than 50% of ADNOC's everyday Murban oil manufacturing capacity. Obtaining UAE-built rigs, underpins ADNOC's In-Country Worth strategy, aimed at the growth and diversity of the UAE's economy. The gear enhancements take the worth of UAE-built gears in ADNOC Drilling to greater than AED 7 billion (US$ 1.9 billion).
Abdalla Saeed Al Suwaidi, Chief Executive Officer of ADNOC Drilling, stated: "Our rig fleet has actually broadened greater than three-fold in less than a decade, from 29 rigs in 2010 to our existing 95 gears. The following phase of development will additionally enhance ADNOC Boring's capacities as well as strengthen our crucial duty of supporting the ADNOC Group in catching more worth from every barrel of oil it creates. On top of that, the property of modern, diverse, and technically progressed rigs enhances our functional efficiency as we amplify our drilling tasks in accordance with ADNOC's 2030 clever growth strategy and also a more lucrative upstream."
Complying with the honor to Baker Hughes of a 5% share in ADNOC Boring in 2018, ADNOC Exploration transformed right into a completely Integrated Boring Solutions (IDS) organisation that can providing start-to-finish drilling and well-construction.
The business's service offering includes the entire drilling value chain by integrating a variety of oilfield solutions, catching more value from ADNOC's upstream development and the substantial rise in the number of wells required because of this. The application of IDS has enhanced drilling performance by approximately 25%, resulting in considerable cost financial savings and also enhanced well productivity.
ADNOC's Rig Owners' seminar serves as an essential platform for rig proprietors, classification cultures, operating firms, and aquatic and overseas provider that convene to trade expertise and also share finest methods on boosting boring efficiency, possession honesty, as well as HSE performance.
The full-day workshop consisted of several technological presentations that covered different aspects of technology adoption in the boring market, offered by a team of very certified specialists from GCC and also global companies.
Henderson to carry out major boring gear refurbishment
HENDERSON, a leader in the sales and service of boring gears and capital drilling devices, has participated in a contract for a significant exploration gear repair with Energy Boring Firm.
The contract includes the acquisition as well as upgrade of a 2000 HP drilling rig, an A/C leading drive, three 1600 hp x 7500 PSI mud pumps, a strolling system, 30 feet box-on-box underpinning and a 1 million lb derrick. It will be the initial major gear repair finished at HENDERSON's new solution centre and also gear backyard at 6750 Bender Roadway in Houston, Texas.
James Lank, president and COO, HENDERSON, claimed, "The addition of this high-spec gear to Power Boring Firm's fleet showcases HENDERSON's knowledge in sourcing and also upgrading exploration gears and also equipment. With brand-new rig-up centers currently developed in Houston and Odessa, HENDERSON is uniquely positioned to sustain the resurgent boring market in The United States and Canada. www.irooildrilling.com 've constructed a fantastic task group in our expanding rig services department, that will function closely with Power Exploration Firm to offer thorough assistance as well as solutions."
Jody Helbling, basic manager, Power Drilling Business, stated, "The gear has not been contracted yet, however we are certain we will put the rig to work in our regular operating area. We chose HENDERSON to carry out the refurb based on the high quality of their job, their values of openness and honesty and also their ongoing development as a firm."
The contract includes the acquisition as well as upgrade of a 2000 HP drilling rig, an A/C leading drive, three 1600 hp x 7500 PSI mud pumps, a strolling system, 30 feet box-on-box underpinning and a 1 million lb derrick. It will be the initial major gear repair finished at HENDERSON's new solution centre and also gear backyard at 6750 Bender Roadway in Houston, Texas.
James Lank, president and COO, HENDERSON, claimed, "The addition of this high-spec gear to Power Boring Firm's fleet showcases HENDERSON's knowledge in sourcing and also upgrading exploration gears and also equipment. With brand-new rig-up centers currently developed in Houston and Odessa, HENDERSON is uniquely positioned to sustain the resurgent boring market in The United States and Canada. www.irooildrilling.com 've constructed a fantastic task group in our expanding rig services department, that will function closely with Power Exploration Firm to offer thorough assistance as well as solutions."
Jody Helbling, basic manager, Power Drilling Business, stated, "The gear has not been contracted yet, however we are certain we will put the rig to work in our regular operating area. We chose HENDERSON to carry out the refurb based on the high quality of their job, their values of openness and honesty and also their ongoing development as a firm."
Nexans AmerCable launches the AmerLink Jacketed Top Drive Solution Loophole
Nexans AmerCable has actually released a brand-new category in top drive solutions loopholes. AmerLink 'jacketed' loops have a mould -cured outer coat as well as are lighter, a lot more flexible, smaller and also have a significantly longer service life.
These service loops, offered in power, control and instrumentation, are vital to reliable top-drive procedure on gears. The standard style of service loophole, hose-encased, is just one of the leading sources of gear downtime. The Amerlink patented solution loophole is considerably much more long lasting. In its area test, one set of TDS-11 AmerLink solution loopholes has actually completed 40 wells as well as is still going solid. At a well-known third-party study facility, AmerLink achieved 400 000 cycles (equivalent to ten years of service under optimal operating conditions). Additionally, it is currently deployed on 30 operating gears.
The "jacketed" next-generation loophole design is various from standard hose-encased service loopholes as a result of its mould-cured jacket and also in-line manufacturing procedure. These aspects incorporate to generate an all-natural centring of conductors within the loops, stabilizing tensile loads on elements and producing a much stronger item. By comparison, the potted loopholes have off-center cores that place enhanced stress and anxiety on components throughout flexing cycles.
" AmerLink top drive solution loops supply a technical advancement that boring has needed for very long time," stated Patrick Armstrong, Nexans AmerCable president. "In short, its sturdiness as well as lengthy life will certainly assist drillers have much less downtime as well as make more money, and that's especially essential throughout this economically altering time in the oil sector."
Typical potted or non-potted solution loopholes fall short for 2 primary reasons. First, during exploration procedures the loopholes are continuously moving, flexing and flexing while energised, which places remarkable tension on the elements. Second, throughout rig-up and rig-down, the handling and also movement of the loopholes frequently creates inadvertent damage. Both of these circumstances contribute to early failure. AmerLink's special design as well as reinforced external jacket efficiently support the loop's weight and also vibrant tons, decreasing element stress throughout operations and also dealing with.
AmerLink's super challenging coat is the outcome of an extremely specialised procedure needing very large cabling, intertwining as well as extrusion devices. Third-party screening and also years in the area have verified that mould-curing produces the hardest, longest-lasting safety jacket. Nexans AmerCable has actually been producing mould-cured jacketed products for greater than 70 years and also is the only firm using a mould-cured jacketed solution loop.
AmerLink item details include: lighter general weight (up to 21%); even more flexible/smaller bend distance (up to 37%); smaller sized total size; 58% greater pull-out/breaking stamina; straight decrease into existing brackets; online elimination of water ingress; repetitive, mould-cured coat reinforced with stainless-steel armouring and also aramid fibres; centred loophole conductors, which balance stress and anxiety on the parts; and also it is created in the UNITED STATES.
Additional benefits for drillers consist of faster rig-up and rig-down, lower overall expense of ownership and also less downtime as a result of solution loophole failing. Nexans AmerCable is likewise known for its impressive customer service as well as outstanding design assistance.
Oilfield Chemicals , the AmerLink solution loop plan uses up much less room in the pole as well as is perfect for the new leading drive upgrades that require 2 power loopholes. Additionally, AmerLink fulfills the 2017 modification of API RP14F.
Nexans AmerCable is an industry leader in the production of flexible, harsh-environment power, control and instrumentation cables for the oil and gas, mining, general commercial and renewable resource markets.
These service loops, offered in power, control and instrumentation, are vital to reliable top-drive procedure on gears. The standard style of service loophole, hose-encased, is just one of the leading sources of gear downtime. The Amerlink patented solution loophole is considerably much more long lasting. In its area test, one set of TDS-11 AmerLink solution loopholes has actually completed 40 wells as well as is still going solid. At a well-known third-party study facility, AmerLink achieved 400 000 cycles (equivalent to ten years of service under optimal operating conditions). Additionally, it is currently deployed on 30 operating gears.
The "jacketed" next-generation loophole design is various from standard hose-encased service loopholes as a result of its mould-cured jacket and also in-line manufacturing procedure. These aspects incorporate to generate an all-natural centring of conductors within the loops, stabilizing tensile loads on elements and producing a much stronger item. By comparison, the potted loopholes have off-center cores that place enhanced stress and anxiety on components throughout flexing cycles.
" AmerLink top drive solution loops supply a technical advancement that boring has needed for very long time," stated Patrick Armstrong, Nexans AmerCable president. "In short, its sturdiness as well as lengthy life will certainly assist drillers have much less downtime as well as make more money, and that's especially essential throughout this economically altering time in the oil sector."
Typical potted or non-potted solution loopholes fall short for 2 primary reasons. First, during exploration procedures the loopholes are continuously moving, flexing and flexing while energised, which places remarkable tension on the elements. Second, throughout rig-up and rig-down, the handling and also movement of the loopholes frequently creates inadvertent damage. Both of these circumstances contribute to early failure. AmerLink's special design as well as reinforced external jacket efficiently support the loop's weight and also vibrant tons, decreasing element stress throughout operations and also dealing with.
AmerLink's super challenging coat is the outcome of an extremely specialised procedure needing very large cabling, intertwining as well as extrusion devices. Third-party screening and also years in the area have verified that mould-curing produces the hardest, longest-lasting safety jacket. Nexans AmerCable has actually been producing mould-cured jacketed products for greater than 70 years and also is the only firm using a mould-cured jacketed solution loop.
AmerLink item details include: lighter general weight (up to 21%); even more flexible/smaller bend distance (up to 37%); smaller sized total size; 58% greater pull-out/breaking stamina; straight decrease into existing brackets; online elimination of water ingress; repetitive, mould-cured coat reinforced with stainless-steel armouring and also aramid fibres; centred loophole conductors, which balance stress and anxiety on the parts; and also it is created in the UNITED STATES.
Additional benefits for drillers consist of faster rig-up and rig-down, lower overall expense of ownership and also less downtime as a result of solution loophole failing. Nexans AmerCable is likewise known for its impressive customer service as well as outstanding design assistance.
Oilfield Chemicals , the AmerLink solution loop plan uses up much less room in the pole as well as is perfect for the new leading drive upgrades that require 2 power loopholes. Additionally, AmerLink fulfills the 2017 modification of API RP14F.
Nexans AmerCable is an industry leader in the production of flexible, harsh-environment power, control and instrumentation cables for the oil and gas, mining, general commercial and renewable resource markets.
Tower Resources offers update on Thali block, Cameroon
Tower Resources has supplied an upgrade on operations on the Thali block in Cameroon and also on well funding.
As divulged in the company's functional update in May, the firm got extra information from the original Overall wells at NJOM1 and NJOM2, which showed that more website preparation work would certainly be needed prior to the drilling rig for the NJOM-3 well is transferred to site. One of the most appropriate vessel to undertake this site preparation work is now en path to West Africa with the expectation that this work can be completed throughout September 2019.
The company had previously concurred with Vantage to delay the beginning of its drilling contract in regard of the Topaz Driller up until after Vantage's present charter to another oil firm was finished. Nevertheless, in the past few weeks a previous sibling rig to the Topaz Driller, the COSL Candidate, has appeared in Cameroon after finishing recent help Addax. Provided the problem in matching up the schedule of the Topaz Driller with schedule of the website survey data, the firm the other day signed a Letter of Intent (LOI) to utilize the COSL Candidate rig to pierce NJOM-3 instead of the Topaz Driller, as well as has actually launched the Topaz Driller. The day rate and also various other regards to the COSL contract resemble the Vantage agreement, and also while there may be some added expenses for the mobilisation of test tools to the COSL Seeker on the current timetable, the business also prepares for substantial financial savings in the expense of rig mobilisation as well as demobilisation. In the accumulation, the company does not presently expect a product change in the overall price of the well as a result of this adjustment of rig.
The firm has alerted the Societe Nationale de Hydrocarbures (SNH) as well as the Government of Cameroon (MINMIDT) of the changes to the well routine, as well as does not expect any kind of difficulty in proceeding with the well, despite the fact that the extension to the very first Exploration Duration of the company's Manufacturing Sharing Agreement (PSC) runs out on 14 September 2019, since the well remains a procedure underway.
As formerly revealed, the NJOM3 well will certainly be pierced to a total deepness of 1100 m converging at the very least three storage tank areas currently identified by the NJOM1B as well as NJOM2 discovery wells drilled on the Njonji framework by the previous driver Total amount. The well is designed to verify the better storage tank thicknesses observed on the reprocessed 3D seismic in the up-dip location of the framework, as well as likewise evaluate additional tanks that were not present in the locations where Overall's wells lie. The NJOM3 well is developed to supplement Total amount's well data with a collection of measurement as well as logging devices as well as pierce stem examination (DST) flows to surface. irooildrilling is then to put on hold the well for succeeding completion as one of four first manufacturing wells on the framework, as envisaged in the Book Record prepared by Oilfield International Ltd (OIL) on 31 October 2018. This first stage of advancement envisaged by the Reserve Report, intending to make use of the 2C contingent resources (Pmean 18 million bbl oil, gross) currently identified in the structure, intends to give considerable manufacturing to Tower in 2020.
In respect of well financing, the company is continuing farm-out discussions with multiple parties who are presently taking on due persistance, and the company is wishing to bring a minimum of among these discussions to a verdict in the future, bearing in mind both the functional schedule laid out over and likewise that the company's swing loan center arrangement (the expansion of which was introduced on 30 July 2019) drops due for settlement at the end of August, based on a grace period until 30 September 2019.
As divulged in the company's functional update in May, the firm got extra information from the original Overall wells at NJOM1 and NJOM2, which showed that more website preparation work would certainly be needed prior to the drilling rig for the NJOM-3 well is transferred to site. One of the most appropriate vessel to undertake this site preparation work is now en path to West Africa with the expectation that this work can be completed throughout September 2019.
The company had previously concurred with Vantage to delay the beginning of its drilling contract in regard of the Topaz Driller up until after Vantage's present charter to another oil firm was finished. Nevertheless, in the past few weeks a previous sibling rig to the Topaz Driller, the COSL Candidate, has appeared in Cameroon after finishing recent help Addax. Provided the problem in matching up the schedule of the Topaz Driller with schedule of the website survey data, the firm the other day signed a Letter of Intent (LOI) to utilize the COSL Candidate rig to pierce NJOM-3 instead of the Topaz Driller, as well as has actually launched the Topaz Driller. The day rate and also various other regards to the COSL contract resemble the Vantage agreement, and also while there may be some added expenses for the mobilisation of test tools to the COSL Seeker on the current timetable, the business also prepares for substantial financial savings in the expense of rig mobilisation as well as demobilisation. In the accumulation, the company does not presently expect a product change in the overall price of the well as a result of this adjustment of rig.
The firm has alerted the Societe Nationale de Hydrocarbures (SNH) as well as the Government of Cameroon (MINMIDT) of the changes to the well routine, as well as does not expect any kind of difficulty in proceeding with the well, despite the fact that the extension to the very first Exploration Duration of the company's Manufacturing Sharing Agreement (PSC) runs out on 14 September 2019, since the well remains a procedure underway.
As formerly revealed, the NJOM3 well will certainly be pierced to a total deepness of 1100 m converging at the very least three storage tank areas currently identified by the NJOM1B as well as NJOM2 discovery wells drilled on the Njonji framework by the previous driver Total amount. The well is designed to verify the better storage tank thicknesses observed on the reprocessed 3D seismic in the up-dip location of the framework, as well as likewise evaluate additional tanks that were not present in the locations where Overall's wells lie. The NJOM3 well is developed to supplement Total amount's well data with a collection of measurement as well as logging devices as well as pierce stem examination (DST) flows to surface. irooildrilling is then to put on hold the well for succeeding completion as one of four first manufacturing wells on the framework, as envisaged in the Book Record prepared by Oilfield International Ltd (OIL) on 31 October 2018. This first stage of advancement envisaged by the Reserve Report, intending to make use of the 2C contingent resources (Pmean 18 million bbl oil, gross) currently identified in the structure, intends to give considerable manufacturing to Tower in 2020.
In respect of well financing, the company is continuing farm-out discussions with multiple parties who are presently taking on due persistance, and the company is wishing to bring a minimum of among these discussions to a verdict in the future, bearing in mind both the functional schedule laid out over and likewise that the company's swing loan center arrangement (the expansion of which was introduced on 30 July 2019) drops due for settlement at the end of August, based on a grace period until 30 September 2019.
