FINANCIAL VALUE
“Time is money.”
Time is money. That is the value proposition of Answers While DrillingSM. Save time. Save money. It’s that simple. And with the staggering and ever-increasing cost of new exploration and recovery, the time and money savings made possible by Answers While Drilling are monumental.
Seconds, minutes, hours, days, weeks, months, years.
You can get a good idea of the time savings and money savings of Answers While Drillings solutions simply by looking at time in increments of 10.
In 10 seconds, you’re alerted to anomalous pressure differentials that allow you to immediately shut down and avert a blowout.
In 10 minutes, you have multiple streams of 360° real-time positioning and FE data in hand to make the decision for your next move: comprehensive data in minutes instead of days.
In 10 hours, the VertiTrak® vertical drilling service—the industry’s first automated vertical drilling system—will drill a straight, lean profile at a much higher ROP than conventional motors, even in highly dipped formations and fault zones.
In 10 days, you’ve saved the time required to pull out of your well, send down a wireline, log, evaluate and start over.
In 10 weeks, you’ve threaded through and under existing wells, drilling horizontally much of the way, with radical shifts in azimuth, to place your well within inches of the oil/water contact.
In 10 months, you’ve explored and placed wells and laterals throughout the entire breadth and width of a city-sized reservoir to maximize long-term recovery.
In 10 years, the field that had been written off initially as financially and technically unfeasible is still producing hydrocarbons.
The value of your time.
The accuracy and precision of Answers While Drilling technology enables you to maximize future production. Real-time data gives you the clearest possible view of the downhole environment. The next-generation drilling systems, motors and BHAs deliver the most power and the highest rates of penetration in the industry—permitting extended-reach drilling and allowing production from once-inaccessible parts of reservoirs. The second-by-second diagnostics monitor signal problems and mitigate your risks. Answers While Drilling answers your questions—and saves you money—by providing the solutions you need both today and tomorrow.