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Introduction
20 % in Canada,
10 % in China,
10 % in Russia.
Introduction
Weight and rotation are applied on a bit to destroy the rocks, the
circulation of a fluid allowing to carry the cuttings to the surface.
Introduction
Well duration :
Introduction
Cost to drill and complete a well :
Depends on :
Introduction
The drilling contractor supplies the rig and the personnel to operate
the rig,
Transocean, Saipem, Schlumberger drilling, Pride Forasol, more and
more Chinese companies onshore, etc.,
Introduction
Contracts :
Incentive :
Same than the daily rate but the service company receives a bonus or
a penalty according to the performances,
Turnkey :
Day rate :
Introduction
Contracts :
Daily rate and incentive with the drilling contractor for a part of the
drilling operations (drilling, running casing, ), but a lump sum for
specific operations (moving, BOP, ..),
Lump sum or daily rate with service companies according to the type
of operations.
Introduction
Operator :
A mud engineer,
(A geologist).
(A superintendent or an engineer),
Introduction
Maintenance crew :
A chief mechanic, a mechanic per shift, a chief electrician, an electrician,
A catering crew,
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Introduction
A painting crew.
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Introduction
Service companies :
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Introduction
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