Technology at Work: Multilateral wells provide deepwater solutions ///
Finding cost-effective, fit-for-purpose recovery solutions is imperative to safe, economic development of high-cost / high-risk deepwater fields. As proven by their track record, multilateral (ML) wells hold the potential to provide these solutions.
A multilateral well is started somewhere in the world almost every day – quite an accomplishment, considering that the technology is barely a decade old and has become commonplace only recently. Baker Oil Tools has developed and applied ML well technology for about a decade and has pioneered low-risk solutions such as the Level 3 Hook Hanger and Level 6 Formation Junction and Splitter systems. Throughout this time, the company has tracked the relative cost, production and revenue of ML vs. conventional-well solutions. The results have been impressive.
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