Presented by:
This article appears in the E&P newsletter. Subscribe to the E&P newsletter here.
Supporting the ongoing energy transition
The energy transition is at the top of everyone’s agenda. The oil and gas industry must review its operations to support a reduction in carbon emissions while facilitating and undertaking greener, more efficient ways of hydrocarbon recovery.
With this backdrop in mind, Fishbones announced the results of an independent study by THREE60 Energy this year, which found that the Norwegian company’s stimulation technology can significantly reduce emissions compared to conventional practices. Fishbones aims for technologies to provide an alternative solution for well enhancement that is safer, greener and for certain wells and applications, more cost-effective.
THREE60 Energy is a leading independent energy service company that provides complete asset life cycle expertise to the offshore energy industry. The firm undertook the study, which found that CO₂ emissions for Fishbones’ activity was a fraction of that of traditional methods.
THREE60 Energy reported that compared to current market alternatives, there was an 88% reduction in emissions when stimulating the well with Fishbones Jetting technology and a 95% reduction when Fishbones Drilling is being utilized to stimulate the well. The findings showed that reduced rig time, decreased diesel consumption and the removal of the need for supply vessels all helped offer a greener solution.
By way of comparison, Fishbones Jetting generated 6.7 tonnes of CO₂ per completion compared to 53.3 generated by acid fracturing. They were also able to show a figure of 35.4 tonnes per completion for Fishbones Drilling compared to 651 tonnes for propped-fracturing techniques.
Drilling and jetting
Fishbones’ drilling operations strives to be quick and efficient, with activity being able to be completed in just a few hours. The solution sees the reservoir liner string run as normal, with Fishbones Drilling subs spaced out at even intervals along its length. Small diameter laterals equipped with turbines and drill bits then simultaneously drill to penetrate the reservoir, ensuring activity can be undertaken without costly delays. On average, the drilling penetrates 10.8 m, or 35 ft, of the surrounding reservoir.
Fishbones Jetting technology sees the use of acid stimulation solution that has been demonstrated to significantly increase production rates in horizonal, deviated or vertical open holes. By reducing the total well requirement for a reservoir, alongside its ability to increase recoverable hydrocarbons, the company believes that its technology is at the forefront of facilitating the future state of field development.
The Fishbones subs, which again are run as normal on the reservoir liner string, combine with the company’s Backbone open-hole anchors and activation shoe. These components mean that successful jetting systems can be installed and maintained while downhole. The system sees four 12-m-long diameter needles penetrate the surrounding geology, creating channels that can connect to what would otherwise be inaccessible hydrocarbon reserves.
Both tailor-made technologies deliver enhanced production rates and deep reservoir connectivity while supporting reductions in CO₂ emissions. For Fishbone, this technology holds significant potential to support operators in accessing complex wells and hard-to-reach reservoirs, with the least amount of environmental impact.
Edvard Grieg: a case study
Edvard Grieg is a field in the Utsira High area in the central North Sea, 35 km south of the Grane and Balder fields. The water depth is 110 m. Parts of the reservoir on Edvard Grieg consist of conglomerates, which is a hard and tight reservoir type.
In 2021 Fishbones and Lundin Energy Norway worked together on the completion of a new production well on the Edvard Grieg Field.
The Fishbones technology, which was used on the well, increased the effective drainage radius around the production wells by drilling several small holes out from the main well. This enabled the production of increased oil within the relatively tight reservoir rocks.
The wells A-17 and A16 were both completed with Fishbones stimulation technology. The ‘pinholes’ drilled out from the A-17 well on Edvard Grieg were around 9 m long and were drilled out in groups of three from Fishbones Drilling subs. A total of 53 Fishbones Drilling subs were installed, the most ever used in a single well.
Well A-17 achieved excellent production results, 10 times better productivity than Lundin’s original prognosis. Well A-16 is not yet in production.
Conclusion
Fishbones’ technology can support with hydrocarbon recovery in challenging wells, with reduced risk and environmental impact, as the industry continues to strive for a carbon neutral future.
Eirik Renli serves as CEO of Fishbones AS. He has more than 30 years of industry experience, having held various management positions with Baker Hughes. Most recently, he was the vice president for the Sub-Sahara Africa region before joining Fishbones.
Recommended Reading
FTC Oks Chevron-Hess Deal, Bans John Hess from Board
2024-09-30 - Federal regulators signed off on a blockbuster tie-up between Chevron and Hess Corp. but banned CEO John Hess from sitting on the Chevron board.
As Permian Targets Grow Scarce, 3Q M&A Drops to $12B—Enverus
2024-10-16 - Upstream M&A activity fell sharply in the third quarter as public consolidation slowed and Permian Basin targets dwindled, according to Enverus Intelligence Research.
Chevron Sells Canadian Oil Sands, Duvernay Shale Assets for $6.5B
2024-10-07 - Chevron said the divestitures are part of its plans to sell $10 billion to $15 billion worth of assets by 2028 following the company’s acquisition of Hess Corp. for $53 billion.
Carnelian Backs Williston E&P Zavanna as Bakken M&A Heats Up
2024-09-24 - Carnelian Energy Capital Management LP invested in Zavanna LLC, a longtime producer in the North Dakota Bakken and Three Forks plays.
Exxon to Sell Older Permian Assets to Hilcorp in $1B Deal, Sources Say
2024-11-13 - Reuters reported in June that Exxon was auctioning the assets to focus on higher growth shale drilling properties, following the completion of its $60 billion takeover of Pioneer Natural Resources in May.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.