DEEP Casing Tools, the Aberdeen-based casing and completion technology specialist, has secured a major order in Saudi Arabia following the introduction of its innovative high-speed drillable reaming system, the Turbocaser Express.
Successful runs in the Kingdom’s Eastern Province resulted in landing casing and liners on depth with both 7-inch and 9 5/8-inch Turbocaser Express tools and have led a major national oil company to commit to applying the technology in some of its more difficult well environments.
Landing casing and liners in mature fields, with highly deviated wells, altered pressure regimes and frequently unstable formations, can be very challenging, leading to multiple sidetracks and casings set off-depth. The economic impact can be serious, with expenditure overruns and delayed production. The Turbocaser Express is an enabling technology for all wells, to ensure casing is set at the planned depth, a fundamental building block of improved well integrity. The Turbocaser Express has particular application where hole conditions can deteriorate with time and where wiper trips can be eliminated.
The Turbocaser Express delivers a step change in drilling industry process. It enables casings and intermediate liners to be landed at target depth first time. After normal cementation, the unique internal assembly can be drilled through in minutes in one cost effective operation.
Deep Casing Tools CEO Lance Davis says: “This order, for Q2 and Q3 delivery, is well in excess of $1.5 million, and is a major milestone in the growth of Deep Casing Tools, both in the Middle East, and globally. We are very appreciative of the customer’s willingness to trial and approve our tools, and then reward performance with a major order.”
Deep Casing Tools specialises in the development and manufacture of casing and completion tools that enable drilling and completion engineers to land first time at target depth in the increasingly demanding wellbore conditions faced by today’s oil and gas industry. Innovative design, precision engineering and hard wearing materials are combined to produce rugged and reliable tools that enable casings to be landed in the right place ensuring good well integrity and completions to be landed on depth to access all reserves.
Deep Casing Tools has announced significant business growth following the success of its innovative Turbocaser Express and Turborunner suite of high speed reaming technologies.
The company’s turnover rose to £2 million in 2011, double the figure for the previous year – and it expects turnover to double again in 2012 with plans to enhance its international expansion.
Deep Casing Tools’ breakthrough Turbocaser Express delivers a step change in drilling industry process. It is a high-speed drillable reaming system that enables casings and intermediate liners to be landed at target depth first time. The unique internal assembly can be drilled through in minutes after normal cementation in one cost effective operation, which reduces non-productive time in demanding wellbore conditions, increases wellbore integrity and decreases operating costs. Several recent runs have been successfully completed in Saudi Arabia.
The Turborunner is a unique completion-compatible reaming tool that aids first time placement of the completion or liners at target depth. Suitable for all rigs and easy to deploy, it reduces risk at depth, time and costs. Recent successful runs have been in the UKCS and Kuwait, with more planned in the Middle East and the US.
A special tool, Shalerunner, is being launched for the growing shale drilling market, initially in the US, and is another technology eliminating costly wiper trips.
Already well established in the North Sea, the company has developed opportunities in the North Sea, Middle East and the US.
