Horizontal Drilling: Cost-Reduction Initiative 2015
|Event Date/Time: Feb 18, 2015||End Date/Time: Feb 19, 2015|
With oil prices falling to a five year-low in December 2014, the attention of operators working in unconventional plays in North America has turned to how they can reduce the cost of their operations to ensure they remain economical during periods of oil price volatility. As the horizontal drilling phase of unconventional operations represents one of the highest cost drivers, it has now become vital that drilling professionals ranging from drilling engineers to VPs of drilling understand what they can do to minimize the cost of horizontal drilling campaigns.
Reducing the cost of the drilling phase of horizontal operation is therefore now the top priority for E&Ps working in unconventional oil and gas plays such as the Bakken, Eagle Ford, Permian Basin, Marcellus, Utica, Woodford, Niobrara and others. Focusing exclusively on the horizontal drilling phase and designed specifically for drilling professionals, the Horizontal Drilling: Cost-Reduction Initiative 2015 will provide the first ever platform focusing specifically on practical solutions for reducing the cost of horizontal drilling operations. It will provide cost-reduction solutions for every cost-intensive component of drilling operations, including specific cost-reduction strategies for drilling muds, overall BHA design, casing design, rig selection, drill bit selection, directional tools, LWD and MWD optimization.
All of these cost reduction strategies will be specific to horizontal drilling operations and will combine to provide a practical toolkit for drilling professionals for creating an overall strategy to drive down the cost of their horizontal drilling operations.