DUG Permian April 2017
•Descargar como PPTX, PDF•
1 recomendación•180 vistas
Safety, Mobility, and Power Density: The Case for a 2-Rig Strategy
Recomendados
Más contenido relacionado
Destacado
Destacado (20)
Similar a DUG Permian April 2017
Similar a DUG Permian April 2017 (20)
Último
Último (20)
DUG Permian April 2017
- 1. Safety, Mobility, and Power Density The Case for a 2-Rig Strategy DUG Permian-Fort Worth, TX USA Mike Dynan, VP Portfolio and Strategy April 4, 2017
- 2. 2 Precision, Control & Safety We are Rig Builders SMALL is Big ConclusionIntroduction 2 Rig Strategy Savings The Slow Road Back: Oil & Gas Industry Outlook for 2017… Wall Street Keeps Faith in Oil Recovery The Region Leading the US Oil Recovery: Permian Basin Proving Resilient… We all have seen the headlines
- 3. However, costs remain top concern… The question Schramm always gets: How does your equipment deliver better value in today’s continued challenging environment? – It is not just new technology, it is the application of that technology – Think different, think disruptive, drive out waste from every aspect of operations 3 Precision, Control, & Safety We are Rig Builders SMALL is Big ConclusionIntroduction 2 Rig Strategy Savings Cost Reductions help US Shale Industry Pass First Real Test Technology Remains Essential Growth Driver for Shale Plays
- 4. Founded in 1900, HQ in West Chester, Pennsylvania • Markets served: Mining, Water Development and Energy • Over 2000 drilling rigs delivered and commissioned • Equipment operating in 50+ countries • Core competencies…We are machine builders • Control Systems, Hydraulics, Structures 4 Precision, Control & Safety We are Rig Builders SMALL is Big ConclusionIntroduction 2 Rig Strategy Savings
- 5. Above the ground…SMALL leads to big savings – Mobility: over the road loads & maneuverable – Ease of setup: no cranes; one shift – Walking systems: ideal for pad drilling Below the ground… Drilling in cycle time sweet spot = reduced cost for total wellbore delivery – Traditional: Horsepower vs. Applied Technology: Power Density • Speed in the right places; performance without comprising the wellbore 5 Precision, Control & Safety We are Rig Builders SMALL is Big ConclusionIntroduction 2 Rig Strategy Savings
- 6. • Power density and light weight hydraulics in the next generation of rigs… – Digital control over mechanical devices using Schramm’s custom code – Real time data feedback: Parameter driven functions for each wellbore • Torque, speed, position, load handling… • Transcending the “feel” of drilling with real time data • Intermediate section capability • Schramm designs have made rig operations safer… – “The Loadsafe product takes human error out of the pipe handling process. Less workers wrangling pipe equals fewer opportunities for injury”…Rowdy Bragg, Liberty Safety Consultants 6 Precision, Control & Safety We are Rig Builders SMALL is Big ConclusionIntroduction 2 Rig Strategy Savings After 2 years accident free, a Schramm operator received a significant insurance reduction!
- 7. 7 • Application of the Fit for Purpose Rig Strategy • Different sections of well bore development can utilize different equipment • Proven in multiple basins Case 1: Appalachia Case 2: Bakken Case 3: Permian • Bottom Line Savings… • Day rate spread between a Schramm and a Tier 1 Conventional Rig • Concurrent operation of Schramm rig & setup of conventional allows drilling to start sooner… • Reduced number of drilling days (speed) to complete surface & intermediate sections Precision, Control & Safety We are Rig Builders SMALL is Big ConclusionIntroduction 2 Rig Strategy Savings
- 8. • Excelling in a new commodity price environment requires cost savings and productivity which come down to the Safety, Speed and Simplicity of a 2 Rig Strategy: – Smaller crews – Hands free pipe handling – Power density providing similar results as complex AC electric systems – Fit for purpose rig selection • With over 117 years of experience, Schramm continues to innovate 8 Precision and Control We are Rig Builders SMALL is Big ConclusionIntroduction Connectivity and Safety
- 9. Thank you for your time! Please visit us today in booth 412