Case Study

DEEPFRAC service saved $ 40M USD in 15-stage deepwater completion

DEEPFRAC service saved $ 40M USD in 15-stage deepwater completion

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DEEPFRAC service saved $40M USD in 15-stage deepwater completion Challenges ? Lower tertiary formation ? Well drilled to more than 25,000-ft (7,620-m) total measured depth in 10,000 ft (3,048 m) of water ? Conventional completion options were time consuming and cost-prohibitive ? Customer needed to reduce OPEX and wanted to explore a radically new completion approach Results ? Shortened and even eliminated entire steps of a conventional cased-hole multizone completion ? Significantly reduced OPEX, saving an estimated 25 days rig time and $40 million USD ? Completed 15 stages in a single trip and in less than 60 hours pump time A major operator working in the Gulf of Mexico was looking for a way to significantly reduce OPEX across its Lower

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