Weir Oil & Gas, a leading upstream provider of systematized pressure pumping and pressure control equipment and services, launched its Offline Cementing Solution on June 30. The Offline Cementing Solution generates substantial reductions of nonproductive time (NPT) and operating costs.
As multiwell pad drilling becomes increasingly common across North American basins, E&P companies seek to improve the overall economics of their drilling operations. NPT is common in multipad drilling as crews wait on one another to complete each operation. Weir’s Offline Cementing Solution gives operators back valuable drilling time as it removes cementing from the critical path.
Weir’s Offline Cementing Solution incorporates Weir’s Quick Connect (WQC) for a tool-free setup in eight minutes. BOP configuration adjustments are unnecessary, and testing isolation in the backside of the well is possible for greater security and well integrity. Field crews can be managed with pinpoint accuracy to reduce costs. Operators using Weir’s Offline Cementing Solution in the field have saved as much as 11 hours of NPT and $38,000 per well.
“Multipad operations create efficiencies but also complexities in the field,” Andrea Simon, president of Weir Pressure Control North America, said. “By looking beyond step changes to legacy technologies we are evaluating how to make the entire drilling operation more efficient; we engineered our Offline Cementing Solution to dramatically reduce NPT and capital expenditures, allowing operators to substantially increase drilling time while lowering costs.”
Weir’s Offline Cementing Solution is supported by Weir Edge Services, Weir’s global service offering from expertly trained engineers and field technicians. With service and training centers in every U.S. basin and every part of the globe, Weir Edge Services supports operators with global access to local engineering experts, highly skilled field support and 24/7 maintenance.
Recommended Reading
Midstream M&A Adjusts After E&Ps’ Rampant Permian Consolidation
2024-10-18 - Scott Brown, CEO of the Midland Basin’s Canes Midstream, said he believes the Permian Basin still has plenty of runway for growth and development.
CEO: Breakwall Providing Capital as RBLs ‘Materially’ Decrease
2024-10-09 - Breakwall Capital is stepping in to bridge the gap from the historic days of reserve-based lending, Breakwall Managing Partner and co-CEO Jamie Brodsky said at Hart Energy's Energy Capital Conference in Dallas.
EQT to Cut Workforce 15% Following Close of Equitrans Acquisition
2024-10-02 - EQT Corp. closed its $5.5 billion all-stock buy of Equitrans Midstream Corp. on Sept. 22.
BP Profit Falls On Weak Oil Prices, May Slow Share Buybacks
2024-10-30 - Despite a drop in profit due to weak oil prices, BP reported strong results from its U.S. shale segment and new momentum in the Gulf of Mexico.
SM Energy Adds Petroleum Engineer Ashwin Venkatraman to Board
2024-12-04 - SM Energy Co. has appointed Ashwin Venkatraman to its board of directors as an independent director and member of the audit committee.