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Application of Purpose Built Rig Technology Results in Step Change in Drilling Time, Cost, and Opportunities
Abstract The Piceance Basin, located in Western Colorado, is a 6,000-square-mile basin consisting of vertically stacked sand-shale sequences. Gas-in-place estimates exceed 200 trillion cubic feet.…
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Comprehensive solution increases ROP while curving and maximizes footage to boost production
Proven Reliability Gives Major Operator Confidence to Increase Build Rate Challenge A major oil and gas operator was interested in implementing technology and automation solutions…
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Helmerich & Payne completes acquisition of KCA Deutag
Helmerich & Payne, Inc. (NYSE: HP) today announced that it has completed its acquisition of KCA Deutag International Limited, establishing a global leader in onshore…
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Offshore platform drilling, onshore drilling, geothermal, complex wells. These are what H&P excels at. As the largest drilling contractor and rig service provider in the…
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Automated, real-time forward monitoring outperforms traditional mathematical projections
Bit Guidance System Helps Operator Avoid Sidetrack and Hefty Costs Challenge An operator in South Texas was aiming to land their curve with pinpoint accuracy…
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Axial Force Transfer of Buckled Drill Pipe in Deviated Wells
Abstract Axial force transfer is an issue in deviated wells where friction and buckling phenomenon take place. The general perception of the industry is that…
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Casing Wear and Stiff String Modeling Sensitivity Analysis – The Contribution of DP Pipe-Body and Tool-Joint on Casing Contact
Abstract Casing wear due to pipe body and tool-joint of Range 2 and Range 3 DP is compared using a stiff-string torque & drag &…
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PDC Bit Steerability Modeling and Testing for Push-the-bit and Point-the-bit RSS
Abstract The footage drilled with rotary steerable systems (RSS) has increased significantly these last few years, due notably to the highly complex wells drilled today.…
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H&P’s Bit Guidance System™ Saves an Average of $70,000 Per Well
Head-to-Head Comparison Proves Significant Gains in Drilling Performance Challenge As drilling parameters become more complex and production timelines tighten, operators need to know that every…
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Mitigating and Understanding Stick-Slip in Unconventional Wells
Abstract Stick-slip is still present in most of the wells drilled today, especially in unconventional wells. Friction is an inevitable and important force along the…
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H&P, Inc. Announces Fiscal First Quarter 2024 Conference Call and Webcast
In conjunction with H&P, Inc. (H&P) first quarter 2024 earnings release, you are invited to listen to its conference call on Tuesday, January 30, 2024,…
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H&P Announces Supplemental Shareholder Return Plan and Fourth Quarter Conference Call
Earlier this month, Helmerich & Payne, Inc. (H&P) announced its supplemental shareholder return plan and capital budget for fiscal year 2023. The Company also announced…
