Review Well Control Method Presentation by Wild Well Control

Wild Well Control is one of the best well control specialist companies in the world. The company not only provide well control and engineering services to the company’s customers, it also provides free technical knowledge to the public such as Wild Well Control Technical Book that you can download it for free.  Today, we would like to review one of the most useful presentation which is “Well Control Methods” presentation. After you read the review and you like it, we also provide download link for you at the end. Thank Wild Well Control for great contribution to oil and gas industry.

Well Control Methods by Wild Well Control

Well Control Methods by Wild Well Control, Wild Well Control (2017)

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Two-Year Contract for ‘Deepwater Invictus’, Transocean Ultra-Deepwater Drillship

Transocean Ltd. (NYSE:RIG) announced Tuesday that its ultra-deepwater drillship Deepwater Invictus has been awarded a two-year contract with options by a subsidiary of BHP Billiton.

Transocean said the backlog associated with the firm contract is approximately $106 million and the contract will commence in the second quarter of 2018. It includes three one-year priced options.

The Deepwater Invictus was delivered in 2014 and is rated to a water depth of 12,000 feet. It has spent nearly its entire career contracted to BHP.

Deepwater Invictus

Deepwater Invictus – (MarineTraffic,com, 2017)

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What are Central Processing Platforms (CPP)?

Offshore platforms are used to explore, extract, and process oil and gas retrieved from the seabed. One vital part of these structures is the central processing platform (CPP), where the well head fluid is pumped from the wellhead platforms through the riser for processing. The most important function of the CPP is to separate the oil, gas, and water from this three-phase well head fluid, to produce the final product of the platform.

Most central processing platforms feature the following components:

1. Separation Unit

2. Gas compression and dehydration

3. Produced water conditioning

4. Sea water processing and injection system Continue reading

Top 10 World’s Catastrophic Accidents in Oil and Gas Industry

Much offshore gas and oil exploration takes place many miles beneath the ocean. As well as involving some seriously complex equipment, oil platforms can also be dangerous places, with numerous environmental hazards to deal with. Well drilling has taken place for thousands of years, with the earliest known instance being in China in 347 AD, and since then there have been numerous accidents which have had a serious impact both on human life and the environment. There is a positive side to this, though- virtually every accident has led to safety reviews, and helped to improve safety protocols and equipment.

Below, we’ve put together a list of the ten catastrophic oil rig accidents, to demonstrate just how dangerous this industry can be.

1) PIPER ALPHA PLATFORM – 6 July 1988

The Piper Alpha Platform

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The Cheapest Ever for Ultra Deep Water Drillship in 2017

In April 2013 Transocean’s Deepwater Pathfinder drillship demanded the highest dayrate of any other rig contracted at that time. Eni contracted the drillship at an astronomical dayrate of $681,000 a day from September 2013 through April 2015 to drill in the Gulf of Mexico.

Pacific Drilling recently secured a contract with Malaysian Petronas for its UDW drillship Pacific Santa Ana at a dayrate of $170,000. The Samsung unit delivered in 2011 is capable to drill in water depths up to 12,000ft.

But the lowest dayrate for one ultra-deepwater drillship has been agreed by Vantage Drilling and India’s ONGC in January 2017 for the Platinium Explorer. ONGC has secured the rig for three years for $118 million which translates to a dayrate below $110,000.

Platinum Explorer – Vantage Drilling

Platinum Explorer – Vantage Drilling

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