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Industry Alerts!

Crude oil leaks in Arkansas suburb after ExxonMobil pipeline ruptures - An ExxonMobil pipeline rupture near Little Rock, Ark., Friday evening (3/29/2013) has resulted in a “major oil spill,” according to the Environmental Protection Agency. Up to 10,000 barrels sprang from the pipeline, according to an incident report filed to the National Response Center by ExxonMobil early Saturday morning. Twenty-two residents were evacuated from their homes, according to a statement on the ExxonMobil website. (more...)

Featured Article of the Month

Different types of oilfield emulsions.

In oilfield, emulsion most commonly refers to water droplets in a continuous oil phase, which is also called water-in-oil (W/O) emulsions. Other types of emulsions include oil-in-water (O/W) emulsions (oil droplets in a continuous water phase, sometimes referred to as “reverse” emulsions), and multiple emulsions (e.g. water droplets suspended in larger oil droplets that in turn are suspended in a continuous water phase). Emulsion formation can drastically increase the bulk fluid viscosity.

Since oil is typically co-produced with water, emulsions can be encountered in almost all phases of oil production and processing: inside the reservoirs, wellbores, wellheads, and wet crude-handling facilities; transportation through pipelines and crude storage; and during petroleum processing. The formation of emulsions during oil production is a costly problem, both in terms of chemicals used for processing to meet product quality and lost production due to emulsion incurred processing system shut-down or increased pressure drop due to increased viscosity. (more...)

Featured Company of the Month

Halliburton (pronounced /ˈhælɨbɜrtən/; NYSEHAL) is the world's second largest oilfield services corporation with operations in more than 70 countries. It has hundreds of subsidiaries, affiliates, branches, brands and divisions worldwide and employs over 50,000 people.

The company has headquarters in the North Belt office in Houston, Texas, and in offices in Dubai, United Arab Emirates (opened March 2007), where Chairman and CEO David J. Lesar works and resides, "to focus [the] company’s Eastern Hemisphere Growth." The company will remain incorporated in the United States.

Halliburton's major business segment is the Energy Services Group (ESG). ESG provides technical products and services for petroleum and natural gas exploration and production. Halliburton's former subsidiary, KBR, is a major construction company of refineries, oil fields, pipelines, and chemical plants. Halliburton announced on April 5, 2007 that it had finally broken ties with KBR, which had been its contracting, engineering and construction unit as a part of the company for 44 years.(more...)

Industry Headlines

Rigzone.com: Latest News Headlines

The latest upstream oil and gas news from around the world.

Crude-Oil Futures Post Biggest Rise in Five Months

Crude-oil futures jump 3.3% to settle at $93.99 a barrel, as a combination of economic signals overcame worries about weak oil demand and high inventories.

Noble Finds Oil at Carla South

Noble Energy encounters oil in good quality sandstones at the target level at the Carla South exploration well in Block I.

Shell-Iraq Venture to Produce 500 MMcf/d Gas By End 2013

A joint venture between Iraq, Shell and Mitsubishi Corp. will by the end of this year have doubled the amount of natural gas it captures from three giant southern oil fields.

First Kenyan Oil Production Seen by 2019

Kenya could be six years away from becoming Africa's latest oil producing nation, the International Monetary Fund said in a recent report.

CWC Unveils Fourth Iraq Mega Projects Conference

The CWC Group announces the fourth edition of the Iraq Mega Projects Conference & Exhibition at the Dubai International Convention and Exhibition Centre.

Ontario Court Sides With Chevron in Ecuadorean Environmental Case

An Ontario court rejects an attempt by Ecuadorean plaintiffs to collect a multibillion-dollar environmental award from Chevron in Canada.

CNOOC Planned Global Dollar Bond Likely up to $4B in Size

CNOOC is planning to sell a global dollar bond worth up to $4 billion, a person familiar with the matter says.

Delta Marine Unveils New ROV Business

Delta Marine Technologies (DMTI) announces the formation of Delta SubSea, LLC.

EMAS AMC Awarded Smorbukk South Contract by Statoil

EMAS AMC wins $75-million contract from Statoil to supply its Smorbukk South extention project.

Iraqis, Kurds Reach Agreement over Oil Payments

The central government of Iraq and the Kurdistan Regional Government agree a tentative deal to resolve a dispute over payments to foreign oil companies.

Aquaterra MD Appointed to New Oil, Gas Body

Oil sector services firm Aquaterra Energy says its managing director has been appointed to the UK's new Oil and Gas Industry Council.

Statoil 'On Track' for 2.5 MMboepd by 2020

Statoil says it is still 'on track' to deliver production above 2.5 million boepd by 2020, in spite of lower production during 1Q 2013.

Shell CEO Will Retire in 2014

Shell says CEO Peter Voser will retire during the first half of 2014.

Cendor Has 16 Times More Oil Than Previously Thought

Petronas reports that its Cendor field contains more than 16 times the oil originally estimated in 2011.

BG 1Q Profit Down on Lower Production

UK gas major BG Group reports that lower production, along with increasing exploration and production costs, have hit its 1Q profit.

Recompletion Ops Begin at Empyrean's Cartwright Well

Empyrean advised that it has been advised by Krescent Energy Partners II LP (KEP II), the operator, that recompletion operations have commenced at the Cartwright-1H well.

Talisman Energy Swings to 1st-Quarter Loss

Talisman swings to a first-quarter loss, missing analyst expectations, hurt by lower production following the sale of UK North Sea assets late last year.

Rialto Energy, Vantage Drilling Agree to $12.4M Settlement

Under the terms of the settlement, Rialto will pay Vantage an amount equivalent to 75 days of an operating rate.

New System Offers Holistic Approach to Frack Water Treatment

A new treatment system offers a holistic approach for produced and flowback water from hydraulic fracturing operations.

Oil Futures at Lowest in Week After US Inventories Hit 3-Decade High

Oil futures fall to lowest level in a week after a report showed US oil inventories rise to their highest level in more than three decades last week.

Upstream RSS

Latest news from Upstream Online

BHP declares Philippines force majeure

Australia's BHP Billiton has lodged a notice of force majeure in relation to service contract 55, off the coast of the Philippines.

Brent holds steady

Brent crude held below $103 a barrel on Friday, holding on to most of its steep gains from the previous session when an interest rate cut by the European Central Bank boosted investors' appetite for riskier assets.

Quartet racing for ONGC Mopu finishing line

Up to four offshore contractors are left in the race for a contract from India’s Oil & Natural Gas Corporation (ONGC) to convert its jack-up rig Sagar Pragati into a mobile offshore production unit.

Plains: Gas plant work to hit Gulf oil output

Planned month-long maintenance at a major BP gas processing plant in Pascagoula, Mississippi, will shut in a "tremendous" amount of Gulf of Mexico oil production, the chief executive of Plains Exploration & Production said on Thursday according to a report.

Weatherford hit by Venezuela devaluation

Weatherford International saw its first-quarter profits chopped due to one-off items, including a devaluation of the Venezuelan bolivar, the company said Thursday.

Only 2000 barrels from Pegasus spill recovered

ExxonMobil has yet to recover more than half of the heavy oil that spewed from the Pegasus pipeline into a residential area in the US state of Arkansas, according to an accident report from federal regulators.

API lines up NRA lobbyist for state job

Leading oil and gas group American Petroleum Institute is tapping a top lobbyist for the powerful National Rifle Association (NRA) to head its state relations unit.

Pemex tees up Ayatsil contract

Mexican state oil company Pemex is laying the groundwork for an ambitious transport and installation contract covering the multi-platform Ayatsil heavy oil field development in the Bay of Campeche.

Excelerate finishes FEED work

LNG player Excelerate Energy has completed its front-end engineering and design (FEED) work for a dockside liquefaction facility on the Texas Gulf Coast.

Canada judge shoots down Ecuador plea

A Toronto judge halted on Wednesday an effort to enforce a $19 billion Ecuadorean judgment against US oil company Chevron in Canada, finding that his Ontario provincial court was the wrong place for the case.

GE buys small-scale LNG company

GE Oil & Gas said on Thursday it had agreed to buy Salof Companies, a US specialist in small-scale liquefied natural gas technology.

PMs hold talks for 'Kurdistan oil settlement'

The prime ministers of Iraq and the semi-autonomous Kurdistan region reportedly have agreed to seek a compromise in a stand-off over oil payments to foreign producers that has halted crude exports from the semi-autonomous region.

First steel cut on jackets for Cygnus

GDF Suez has cut the first steel on the jackets for its Cygnus gas field in the southern UK North Sea.

MultiClient Geophysical in Oslo debut

Norwegian seismic player MultiClient Geophysical made its debut on the Oslo stock exchange on Thursday after raising more than Nkr80 million ($14 million) in an initial public offering.

Kufpec buys 26% slice of Galoc oilfield

Kuwait explorer gains Philippine stake after acquiring Singapore's Risco Energy

AOC 'selling off' Yme stake

Arabian Oil Company, the upstream unit of Japan's AOC Holdings, has reportedly agreed to sell off its Norwegian assets – including a stake in the troubled Yme project - to Kuwait Foreign Petroleum Exploration Company (Kufpec).

FMC Technologies rehired for BP interventions

Subsea specialist FMC Technologies has seen its light well intervention services contract for BP wells with Island Offshore Management extended by two years.

Acreage leasing on Mexico agenda for Obama

US President Barack Obama begins his three-day trip to Latin America with a visit today to his Mexican counterpart, President Enrique Pena Nieto.

Plains E&P profits on higher production

Houston’s Plains Exploration & Production has posted net incomes of $22.6 million for the first quarter, reversing a year-ago loss of $82.3 million on a near doubling in sales.

Emas AMC bags Smorbukk award

Singapore-based subsea contractor Emas AMC has secured a $75 million contract from Statoil to install subsea umbilicals, risers and flowlines on the Smorbukk South Extension project off Norway.

WorldOil: Current Issue

The latest news and journals from World Oil.

Shale Gas Emerges From Low Price Fog As Liquids Excel (April-2013)

Foggy mountain mornings are commonplace in the Appalachian Mountains of Pennsylvania, West Virginia, western New York and southeastern Ohio, home to the Marcellus shale. Early in the morning, at or before sunrise, visibility can be less than one-tenth of a mile.

Application of cuttings gas/oil analysis, rapid XRF and high-resolution photography to reservoir evaluation (April-2013)

Rock and fluid analyses are essential for prediction and characterization of produced hydrocarbons and for understanding reservoir architecture. A new approach for archived drill cuttings, or cores of any age, allows evaluation of small rock samples and associated trapped fluid with a single, semi-automated workflow

Topsides engineering best practices (April-2013)

An overriding factor in any deepwater project is cost. Because the weight of both the structure and the topsides production facility directly impacts cost, it must be a top priority. By reducing the weight of a 20,000-ton topsides by 15%, it is possible to slash capital costs of the project by $100-150 million.

OTC 2013 to focus on offshore regulation, expanding role of NOCs (April-2013)

With activity in the Gulf of Mexico back to pre-Macondo levels, and a plethora of new deepwater discoveries off Brazil, West Africa, Southeast Asia and the Eastern Mediterranean, a special emphasis is being placed during OTC 2013 on industry self-regulation, government policy and the increasing role of NOCs around the world.

Optimizing Hydraulic Fracturing Enhances Gas Production In Saudi Arabia (April-2013)

While hydraulic fracturing is an essential technology to improve gas production from tight gas reservoirs, often the expected post-fracture rate is not achieved, even though the fracture treatment is pumped, as designed. Saudi Aramco has applied best practices associated with gel and polymer systems and the breaking agents. Examples from Saudi Arabia confirm the successes achieved by identifying problems and following up with remedial actions.

Regional Report: Gulf of Mexico (March-2013)

Despite devastating hurricanes and a government-imposed moratorium, the oil and gas industry’s first and largest offshore sector is experiencing yet another banner year.

Operators move to the next level of subsea development (April-2013)

Since the beginning of the upstream industry’s migration from dry land into shallow- water arenas, and subsequently into deeper water depths of 600-plus ft, the development of reserves in ever-greater water depths to 10,000 ft has brought on significantly greater volumes of reserves, along with greater producing rates. This has required the development of a vast amount of new technology to bring these reserves to the marketplace.

Mobile enhanced oil recovery for America’s small oil producers(April-2013)

Pioneer Astronautics is developing truck-portable equipment for generating CO2 on site to make enhanced oil recovery feasible for the small oil producer.

AAPG at a glance (April-2013)

The 2013 AAPG Annual Conference & Exhibition will take place May 19–22 at the David L. Lawrence Convention Center, 1000 Fort Duquesne Blvd., Pittsburgh, Pa. Visit https://www.aapg.org/pittsburgh2013/index.cfm to register for the conference and for up-to-date information. Details about technical sessions are at https://www.aapg.org/pittsburgh2013/technicalprogram.cfm. The conference will feature more than 900 oral and poster presentations, covering 11 themes.

The risk of kidnapping: What oil companies need to do (April-2013)

Despite recent media focus on the In Aménas gas plant attack, there are also many other security threats that face overseas workers, especially in the form of kidnapping for financial gain.

South Africa beckons (April-2013)

IOC investment in South Africa is growing as companies realize that the nation provides unconventional resources, a favorable drilling environment and a potential domestic market.

Adaptation: The (r)evolution (April-2013)

Chapter One: The NOV Harsh Environment FPSO signals a transition in vessel design that will be tested first in the North Sea. Additional versions of the new design will eventually be built and put to work in Brazil, West Africa and other regions.

Hydrate characterization and dissociation strategies (April-2013)

Inhibitors will fail to prevent hydrate formation in subsea jumpers if proper mixing does not occur.

Liner drilling prevents circulation losses for wells offshore Mexico (April-2013)

A series of wells in complex lithology, in Carpa field of the Faja de Oro (Golden Lane) area, used liner drilling to isolate the problem intervals and reach planned setting depths.

A client-contractor partnership and new seismic technology help Pemex achieve effective deepwater E&P (April-2013)

In 2009, CGG won a four-year contract with Pemex for a dedicated seismic vessel to acquire large narrow-azimuth surveys in the deep offshore Mexican Gulf of Mexico, which was later extended to include two large 3D wide-azimuth projects. Since the start of the original contract, Pemex has acquired the world’s first full-scale broadband, high-density, wide-azimuth survey, specifically designed for field development.

Brazil’s HRT advances Amazon exploration with new gas discovery (April 2013)

After almost two years of work in the heart of the Amazon Rainforest, geologists share the unprecedented experience of finding more than 60 prospects in record time by using new tools to tackle the region’s amazing challenges.

First Oil (April-2013)

Renaissance & Resilience

Innovative Thinkers (April-2013)

Agilyx: Tapping the energy of plastic waste

New products (April-2013)

New products and services

What's new in exploration (April-2013)

Twenty thousand (remotely-powered) traces under the ground

Drilling advances (April-2013)

Cybersecurity is a growing rig issue

Executive Viewpoint (April-2013)

Disruptive technologies change performance standards

Oil and Gas in the Capitals (April-2013)

PDVSA regroups after Chavez

The Last Barrel (April-2013)

Eagle Ford shale gives mighty boost to South Texas

What's new in production (April-2013)

Sustainable shale gas in Appalachia: A greenhouse divided

Are UK CCS projects finally poised for take-off? (April-2013)

Depleted oil and gas fields and saline formations in the UK sector of the North Sea have the potential to hold vast quantities of carbon dioxide (CO2) as part of carbon capture and storage (CCS) projects. So far, no sizeable pilot schemes have been established in the UK, but in March, two projects were selected as candidates to receive funding as part of a £1-billion ($1.5-billion) UK government-backed competition aimed at stimulating the sector.

Carrying the next generation of offshore mega-structures (April-2013)

In February, the world’s largest semisubmersible heavy transport vessel set out on its maiden voyage, carrying the world’s largest semisubmersible offshore platform hull. The Dockwise Vanguard performed its first float-on operation in South Korea, where it was built, before carrying the Jack/St Malo hull, which weighs almost 56,000 tons, to Kiewit yard in Ingleside, Texas. It is expected to reach its destination in early May. With a bow-less design that enables loading of longer cargoes and a loading capacity of up to 110,000 tons, the Dockwise Vanguard is intended to cater to the next generation of large offshore structures. Michel Seij of Dutch-based Dockwise spoke to World Oil about the rationale behind building this $240-million vessel.

Bridon creating high-tech hub for next-generation rope development (April-2013)

Bridon’s rope production dates back to the 18th century, when it made ropes from natural fibers, such as jute. Now the company manufactures steel wire and synthetic ropes, including high-strength ropes for offshore heavy lifting and deepwater mooring.

Advanced method cuts time and costs for EOR modeling (April-2013)

A sustained high oil price is leading major oil and gas companies to reassess their mature assets, which traditionally would have been sold to smaller operators, when the decline in production reduced the operating margins for the asset.

New challenges confront the UK North Sea (April-2013)

The face of the North Sea oil and gas industry is changing, as enhanced oil recovery (EOR) and decommissioning in mature fields become increasingly important. Malcolm Webb of industry association Oil and Gas UK tells World Oil what this shift means for oil and gas firms, both in terms of technology development and financial demands.

Meeting FPSO power challenges with dual-fuel technology (April-2013)

The P-63 Floating Production Storage and Offloading (FPSO) vessel, developed specifically to work in Brazil’s offshore Papa Terra oil field, is unique in that it will be the first FPSO vessel to utilize gas-fueled engines to produce more than 100 MW of power. The contract to supply the three main power modules to achieve this demanding output was awarded to Wärtsilä. This also includes commissioning, start-up and operational supervision.

Decision time approaches for pioneering subsea compression technology (April-2013)

Gas from Ormen Lange field offshore Norway will probably need compression by the end of this decade, to push it up to the Nyhamna processing facility onshore. Faced with this challenge, Shell, Statoil and their partners have been carrying out pioneering tests on subsea compression technology, which can be powered by subsea cables from the shore, removing the need for any offshore topside equipment, Fig. 1. As the decision time approached on whether to proceed with a project that Shell hopes will revolutionize subsea production, World Oil spoke about the latest developments with Pascal Montoulives and Mathias Owe, two of the engineers most heavily involved with the technology. industry, whether this funding could finally kick-start the sector.

Options for controlling sand with Inflow Control technologies (April-2013)

Depleted oil and gas fields and saline formations in the UK sector of the North Sea have the potential to hold vast quantities of carbon dioxide (CO2) as part of carbon capture and storage (CCS) projects. So far, no sizeable pilot schemes have been established in the UK, but in March, two projects were selected as candidates to receive funding as part of a £1-billion ($1.5-billion) UK government-backed competition aimed at stimulating the sector.

Tackling compensator lock-up risk on floating MODUs (April-2013)

The catastrophic failure of a riser or landing string inside the marine riser of a floating mobile offshore drilling unit (MODU) is a real but not widely acknowledged hazard. However good their design, compensator systems are all subject to the risk of failure.

Just-in-time permitting tops GEST hit list (April-2013)

While the pace of drilling authorizations is accelerating, all too often operators still find themselves sitting on the edge of their desks, awaiting the go-ahead before a contracted deepwater rig can begin paying for itself, according to the grassroots Gulf Economic Survival Team (GEST).

Port Fourchon expands as good times roll in the Gulf (April-2013)

As activity continues to grow in the Gulf of Mexico, the nation’s pre-eminent port for deepwater operations is embarking on further expansion to ensure that operators have sufficient service/supply resources to support their myriad projects

BP IPT initiative hopes to ease personnel constraints (April-2013)

By early next year, Fletcher Technical Community College of Schriever, La., hopes to begin making a serious dent in the growing shortage of deepwater production operators, with the unveiling of its new, all-inclusive Integrated Production Technology (IPT) school.

K&B Machine moves to improve port access (April-2013)

Family-owned premium threader K&B Machine will celebrate its 40th birthday next year, in a new facility being developed, in part, to provide the Houma company closer access to Port Fourchon.

Port Fourchon: A high-priority energy corridor (April-2013)

From what we have seen over the past year and all the signs pointing forward, it is abundantly clear that the Gulf of Mexico is returning full throttle to the business of exploring for, and producing, oil and gas. The activity over the past year, particularly in deep and ultra-deep water, has increased to levels that we reasonably could not have foreseen a couple of years ago.

Spill penalties could help fund remaining portion of LA 1 (April-2013)

In what could be seen as an ironic twist, fallout from the 2010 Macondo oil spill could deliver the long-sought funds needed to help complete the elevated replacement of a rapidly sinking, and often-impassable, Lafourche Parish highway that provides the only access to the strategic deepwater hub of Port Fourchon.

New News information at Offshore Technology

New and updated information from News listed on offshore-technology.com

First oil flows from Apache's Tonto field in North Sea

US-based oil and gas exploration company Apache has announced that its Tonto oil field, in the UK sector of the North Sea, has started its first oil production.

Today's Brent steady; unstable global economy hits price

Brent crude was steady today, after two-weeks of lows, while increasing concerns about weak economies in the US and China reduced the outlook for oil demand.

Lebanon opens first offshore oil and gas licensing round

The Lebanese Government opened the first oil and gas licensing round for offshore drilling and exploration in the east Mediterranean on 30 April.

Mojix secures RFID contract for Clair Ridge oil platform

Mojix has secured a contract from BP to provide track-and-trace technology for the Clair Ridge oil platform development in the North Sea, off the coast of Scotland.

Today's oil prices slip over negative China data; supply worries

Oil prices continued to decline today as investors showed concerns about growth outlook in the US and China, while US oil stocks increased by more than predicted.

Hertel Offshore to build living quarters for Aasta Hansteen platform

Hertel Offshore has secured a €70m ($91m) contract from Hyundai Heavy Industries (HHI) for the engineering, design and construction (EPC) of living quarters for Statoil's Aasta Hansteen platform in the North Sea.

Today's oil prices slip over poor demand outlook; head for worst month

Oil prices again declined today, due to the dull global demand outlook; however, any further declines were restricted on the expectation that global stimulus measures will boost oil demand.

Norway petroleum body orders BP safety review after North Sea leak

The Petroleum Safety Authority Norway (PSA) has revealed that during an investigation into the hydrocarbon leak on BP's Ula oil field in the North Sea, it identified serious breaches of the regulations and has ordered the company to conduct a safety …

BP's first quarter earnings grow despite Deepwater payments

BP has reported that its 2013 first quarter earnings have jumped to $4.2bn, compared to $3.9bn in the previous quarter, but fallen from $4.7bn in the same quarter last year.

MHI secures contract for Norwegian seismic data acquisition vessels

Mitsubishi Heavy Industries (MHI) has secured a contract from Petroleum Geo-Services ASA (PGS) to deliver two vessels capable of three-dimensional (3D) seismic data acquisition for sea bottom resource exploration.

New Zealand opens large area for oil and gas exploration

New Zealand's Government has opened up vast offshore and onshore areas for the second time to attract competing bids for oil and gas exploration permits.

Today's oil prices decline on uncertain global economic outlook

Oil prices slipped today due to investors concern about the gloomy outlook for growth in the world's two largest oil consumers, the US and China.

Halliburton uses multizone completion technology in Gulf of Mexico

US-based Halliburton used an Enhanced Single-Trip Multizone (ESTMZ) FracPac System to complete three wells in deepwater of the Gulf of Mexico.

Today's oil prices drop over moderate demand outlook in US, China

Oil prices declined today as investors were apprehensive about the moderate demand outlook in the world's top two largest oil consumers, the United States and China.

TAQA secures UK approval for Cladhan field development

Abu Dhabi National Energy (TAQA) has announced that its development plan for Blocks 210/29a and 210/30a in the Cladhan field, in the northern North Sea, have been approved by the UK Government.

US announces sale of 21m acres of oil and gas, offshore Texas

The US Department of the Interior has announced it will offer more than 21 million acres at a lease sale for oil and gas exploration and development, offshore of Texas.

Chevron subsidiary discovers gas in Elfin-1 exploration well

Chevron has anounced that its subsidiary has discovered gas in the Elfin-1 exploration discovery well in the Exmouth Plateau area, located in the Carnarvon Basin, offshore of Australia.

Today's oil prices jump on positive demand expectation in US

Oil prices increased today following a sharp decline in US gasoline stocks. Prices also got support from expectations that demand will rise ahead of the summer driving season in the world's top oil consuming nation.

Dana Gas secures interest in North El Arish block, offshore Egypt

Dana Gas has secured a 100% working interest in the North El Arish (Block 6) concession area, located offshore of the Nile Delta, Egypt.

Today's oil prices rise; weak economic outlook limits gain

Oil prices got a boost today, driven by panic that the Organization of the Petroleum Exporting Countries (OPEC) is likely to reduce oil supplies if prices plunge further. However, data from major economies indicating a slower growth and fuel demand r…

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Featured Technology of the Month

Halliburton's DeepReach™ Coiled Tubing Servic uses multiple outer diameter coiled tubing sections in a single string with larger OD sections near the top of the string and smaller OD sections near the bottom.With this arrangement, the tension along the string length is reduced while sufficient flow capacity is retained for performing well intervention operations.

Tapered OD Makes the Difference

The vertical depth capability of conventional coiled tubing is limited because as the length of the tubing string increases in the well, the string’s total weight also increases; therefore, the capability of a conventional CT string to perform ultra-deep work depends primarily on the string’s total hanging weight and the yield strength of the parent metal. If the hanging weight exceeds the pipe’s yield strength, a string separation can occur. Since a tapered coiled tubing string is lighter in weight (compared to a single string of the largest diameter) and its design provides greater strength at the upper end of string, operators can realize up to a 30 percent increase in depth capability over conventional CT strings.

Key Enabling Technologies

Multiple technologies were developed to enable DeepReach coiled tubing to be used in deep well operations. These technologies

include 1) the CT transition joints, 2) Boots & Coots V-Block® gripper design, (more...)



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