Would you like to start a free subscription?
Remember me | Forgot password
For full content view: Log in Now!
Because invisible lost time represents about 30% of the time and cost of well delivery in most drilling operations, Automatic Rig-Activity Detection (ARAD) is a highly significant and exciting new enabler for driving drilling performance improvement. With NOC and IOC drilling budgets now running to billions of dollars, a deeper understanding of invisible lost time presents a historic cost-savings opportunity at a time of rapidly escalating operating costs. A recent Shell study demonstrates that the tools for doing this effectively are now becoming available. They include real-time rig activity detection, either used as a stand-alone technology or in combination with operations monitoring in the setting of a real-time operations center.
Historically, well-drilling performance improvement initiatives have focused primarily on Non-Productive Time (NPT) caused by largely unforeseen events (e.g., tool failures, hole problems). With NPT estimates typically on the order of 15-25% of overall well-delivery time for such highly expensive projects as deepwater wells...
This area of the site is restricted.
In order to gain access, please either Log
In, or subscribe to World Oil.
Two options are available to you for creating an account.
1. Get a Free Trial Subscription to World Oil Magazine and gain immediate access to select content on World Oil Online.
Start a Free Trial Subscription and gain immediate access to the complete current issue of World Oil Magazine. Plus, you’ll receive 3 upcoming issues of World Oil Magazine in print or digital format.* You also receive access to the Energy Events Calendar, Industry Statistics and WO Wire’s news and industry coverage.
2. Purchase a subscription to World Oil magazine and gain immediate
and complete access to World Oil Online. As a Total Access subscriber
you will have access to all areas of the site available to registered users and
free subscribers as well as having access to such premium content areas as:
Physical copies of this content may be available for purchase. Visit the Reprints & Back Issues section.
If you are already a paid subscriber and do not have access, please email CustomerService@worldoil.com.
World Oil's specialized upstream Engineering Data Tables featuring the Drill Bit Classifier, Tubing Tables and more. Get Total Access today.
New Delhi - January 11-14
Muscat - January 26-29
Bogota - January 28-29
All material subject to strictly enforced copyright laws.
© 2014 World Oil. © 2014 Gulf Publishing Company.