Oilfield Technology June 2016
Featured in the June issue of Oilfield Technology, Ulterra discusses how customized bit development for RSS reduces tool failure.
Nearly all new technologies struggle in their infancy to gain adoption due to high cost, problematic reliability, lack of understanding, and marginal value proposition. Over years of learning, development and refinement these hurdles reduce, and with each step new opportunities open up. This has been the case for rotary steerable systems (RSS), which is finding new value in this historic downturn.
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.