In the past six months, operators drilling in the Wolfbone area of the Delaware Basin have been looking more to rotary steerable systems (RSS) to reduce the time spent drilling lateral wells. RSS have become a more affordable option due to their reduced cost in the down market.
The API 7-1 Monogram is somewhat standard among major players in the industry, but Ulterra is very unique in that we include service (repair) in our API Q1 and ISO 9001 scope of registration, hence the reason you will now be seeing a “Certified Repair” sticker on the bit cans. The goal of these stickers is to highlight Ulterra’s commitment to having the highest quality PDC bits in the world.
In previous months, the typical wellbore design for a major operator in the Delaware Basin had been a 3 string well utilizing a 13 ½” surface hole, 9 ⅞” intermediate, and 6 ¾” production. With the current down market, the operator like every other operator has been looking for other ways to bring down cost and have better efficiency. One way they sought partially increased performance was by bumping up to a bigger casing profile, yet still utilizing a 3 string well design by drilling a 16” surface, 12 ¼” intermediate, and 8 ½” production hole.
On January 15, 2016, Ulterra successfully completed the annual surveillance audit for maintaining the API Spec Q1 registration, ISO 9001, and API 7-1 Monogram license. The audit was a success and resulted in Ulterra being able to retain existing quality certifications. The API Spec Q1 and ISO 9001 registrations apply to the design, manufacture, and servicing of PDC matrix and steel body drill bits. Ulterra maintains these certifications to let our customers know that we are serious about the quality of our design, manufacture, and repair process of PDC drill bits.
Safety has always been an integral part of Ulterra’s mission since its inception. Over the past couple of years, Ulterra has implemented new initiatives and has placed increased emphasis on every aspect of its safety performance. The result of this emphasis had Ulterra announcing in the summer of 2015 that it had a full year of zero recordable incidents in its Fort Worth Repair & Steel Facilities.
Ulterra’s Latin America team has made huge strides over the past few years in attracting new customers and gaining market share. Last year, Ecopetrol in Colombia awarded Ulterra with its 2nd highest contract with 25% of their bit runs.
A major operator in central Australia recently achieved significant time and cost savings thanks to the combination of the Ulterra TorkBuster matched with the U513M CounterForce drill bit. The combination of TorkBuster and CounterForce proved to be a rock destruction solution within the challenging Permian, with the operator increasing ROP by 52% and achieving total savings of $150,000.
Ulterra’s Fort Worth Repair Facility recently achieved 365 days with no recordable incidents. This type of performance represents a tremendous improvement from the previous year and was made possible by total commitment from everyone in the facility.
As seen in the American Oil & Gas Reporter in the April 2015 issue, Casey Dalla Betta and Aron Deen speak about Ulterra’s response to the evolving needs of an industry focused on drilling deeper targets and longer laterals more efficiently and safer than ever. Whatever the target reservoir, the success of any bit design can be measured in three words: steerability, durability and speed. Success in each of these measures is what Ulterra’s OneShot technology is all about.