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THE

WO

RLD

LEA

DIN

G D

ECO

MM

ISSI

ON

ING

SPE

CIA

LIST

Cos

t Effi

cien

t Dril

ling

Ope

ratio

ns

From

Rig

to V

esse

l in

Expl

orat

ion

Drill

ing

FFU

Sem

inar

201

0

Per L

und

Exec

utiv

e Vi

ce P

resi

dent

THE

WO

RLD

LEA

DIN

GD

ECO

MM

ISSI

ON

ING

SPEC

IALI

STFr

om R

ig to

Ves

sel i

n Ex

plor

atio

n D

rillin

g

•P

rela

y m

oorin

g•

Pre

inst

alla

tion

of w

ellh

eads

and

co

nduc

tors

•R

ig c

hase

~5-1

0M

NO

K/d

ay~1

MN

OK

/day

THE

WO

RLD

LEA

DIN

GD

ECO

MM

ISSI

ON

ING

SPEC

IALI

STW

ho is

Nor

se C

uttin

g &

Aba

ndon

men

t?

•N

orw

egia

n ow

ned

oilfi

eld

serv

ice

com

pany

with

hea

d of

fice

in T

anan

ger

•50

0MN

OK

/yr r

even

ue –

220

em

ploy

ees

•G

loba

l ope

ratio

n –

offic

es in

Abe

rdee

n, H

oust

on, N

ew O

rlean

s an

d D

ubai

THE

WO

RLD

LEA

DIN

GD

ECO

MM

ISSI

ON

ING

SPEC

IALI

STFr

om R

ig to

Ves

sel i

n Ex

plor

atio

n D

rillin

g

0

500

1000

1500

2000

2500

3000

3500

4000

05

1015

2025

3035

4045

50

MEASURED DEPTH (m)

MO

VE

OFF

WH

CSG

at 1

900

m

TIM

E (d

ays)

12 ¼" HOLE

Openhole

Seab

ed

MO

VE

IN /

PO

SIT

ION PILOT

HOLE

Running BOP

Dril

l 12

1/4"

to

cor

e po

int

Recover BOP, Cut WH

Drill 36”Hole

4045

50M

OM

OM

OM

OM

OM

OM

OM

OM

OM

OMMMMMMMMMMMMMMM

VE

OFF

Reoooooccocoooooocooooooooooooooooovevevevevevevvevevvveevvevvvvveevvvvvvvvvvvevvveer rrrrrBOBOBBBBP, Cu Cu Cu CCu Cu Cu Cu Cu CCu CCCu Cu Cu CCCCu CCCCCCCu Cu CCCu CCu CCCu CCu Ct tttWH WHH WWH WWW uuuuuuPo

st ri

g ac

tiviti

es•R

emov

e pr

elay

m

oorin

g sp

read

•Con

duct

or c

uttin

g•W

ellh

ead

/ CA

N

rem

oval

All

activ

ities

don

e fro

m a

ves

sel o

ffcr

itica

l pat

h

00

5000

10000

15000

20000

2500

30000

05

10

E MEASUREDEDD DEPHT (m)

O

Seab

edd

MO

VE

IN /

OP

OP

OS

IIIS

IS

IS

IIIS

IS

IS

ISSSSSSSSSSSSSSSS

TITTTTTTTTO

N PILOOT THOLELE OHEE OLELE

Drill 3636”H”olee

Pre

rig a

ctiv

ities

•Inst

all p

rela

y m

oorin

g sp

read

•CA

N in

stal

latio

n*•C

ondu

ctor

* in

stal

latio

n

All

activ

ities

don

e fro

m a

ves

sel o

ffcr

itica

l pat

h

*

Ben

efits

•R

educ

ed ri

g tim

e ->

mor

e tim

e av

aila

ble

for d

rillin

g•

Act

iviti

es m

oved

from

a ~

5-10

mill

NO

K/d

ay ri

g sp

read

to

a ~

1 m

ill N

OK

/day

ves

sel s

prea

d•

Wor

k m

oved

from

crit

ical

pat

h to

flex

ible

tim

ing

Red

uced

cos

tR

educ

ed ri

sk (s

ched

ule

and

cost

)E

cono

mie

s of

sca

le b

y bu

ndlin

g pr

e an

d po

st ri

g ac

tiviti

es (m

ultiw

ells

and

mul

ti cl

ient

cam

paig

ns)

THE

WO

RLD

LEA

DIN

GD

ECO

MM

ISSI

ON

ING

SPEC

IALI

STPr

e R

ig A

ctiv

ities

from

Ves

sel

•P

rela

y of

Moo

ring

Spr

ead

–C

ompl

ete

moo

ring

spre

ad in

stal

led

prio

r to

rig a

rriv

al–

Rig

is h

ooke

d up

to p

rela

y m

oorin

g in

stea

d of

us

ing

its o

wn

moo

ring

equi

pmen

t

•In

stal

latio

n of

wel

l fou

ndat

ion

and

cond

ucto

r–

CA

N (C

ondu

ctor

Anc

hor N

ode)

inst

alla

tion

- a

mor

e so

lid fo

unda

tion

for t

he w

ellh

ead

–C

ondu

ctor

driv

ing

with

hyd

raul

ic h

amm

er

THE

WO

RLD

LEA

DIN

GD

ECO

MM

ISSI

ON

ING

SPEC

IALI

STPo

st R

ig A

ctiv

ities

from

Ves

sel

•R

emov

al o

f Pre

lay

Moo

ring

Spr

ead

–R

ecov

ery

of c

hain

, buo

ys, f

iber

s an

d an

chor

s–

Rei

nsta

llatio

non

new

loca

tion

•R

emov

al o

f CA

N &

mul

tistri

ng c

ondu

ctor

–C

uttin

g of

mul

tistri

ng c

ondu

ctor

–S

ubse

a w

ellh

ead

rem

oval

–R

ecov

ery

of C

AN

/sub

sea

wel

lhea

d –

rein

stal

latio

n on

new

loca

tion

THE

WO

RLD

LEA

DIN

GD

ECO

MM

ISSI

ON

ING

SPEC

IALI

STC

ase

Stud

ies

Cas

e S

tudy

1

Gjø

a pr

elay

Cas

e st

udy

3

Trol

la ri

g ch

ase

Cas

e st

udy

2

Peo

n C

AN

&

cond

ucto

r ins

talla

tion

THE

WO

RLD

LEA

DIN

G D

ECO

MM

ISSI

ON

ING

SPE

CIA

LIST

Prel

ay o

f Tem

pora

ry M

oori

ng S

yste

m

Case

1

Gjøa

Pre

lay

Proj

ect

THE

WO

RLD

LEA

DIN

GD

ECO

MM

ISSI

ON

ING

SPEC

IALI

STG

jøa

Prel

ay M

oorin

g Pr

ojec

t

•P

rela

y m

oorin

g sp

read

s fo

r 6 d

iffer

ent w

ell l

ocat

ions

on

the

Gjø

a fie

ld in

200

9•

8 x

Rig

100

0m c

hain

on

BCD

loca

tion

•16

x 1

000m

cha

in o

n E&

F lo

catio

n•

8 x

800m

Fib

er

•16

x 1

5Te

Vry

hof M

k 6

anch

ors

•S

aved

app

rox

3 rig

spr

ead

days

per

loca

tion

•R

educ

es lo

ads

on th

e A

HTS

– s

afer

+ c

an u

se lo

wer

spe

c an

d fe

wer

AH

TSs

THE

WO

RLD

LEA

DIN

GD

ECO

MM

ISSI

ON

ING

SPEC

IALI

STPr

elay

of R

ig M

oorin

g (v

ideo

)

THE

WO

RLD

LEA

DIN

GD

ECO

MM

ISSI

ON

ING

SPEC

IALI

STSu

mm

ary

- Pre

lay

of T

empo

rary

Moo

ring

Syst

em

•P

rove

n co

ncep

t fro

m s

ever

al p

roje

cts

over

the

last

yea

rs•

Pre

lay

= ap

prox

3 ri

g sp

read

day

s sa

ved

per w

ell

•S

avin

gs: 2

0-30

MN

OK

/wel

l les

s co

st fo

r ves

sel a

nd m

oorin

g sp

read

•R

educ

ed ri

sk o

f wea

ther

del

ays

•C

an in

stal

l the

moo

ring

syst

em w

ith fe

wer

and

low

er s

pec

AH

TSs

•A

dditi

onal

HS

E b

enef

its: R

educ

es lo

ads

on th

e A

HTS

(ref

Bou

rbon

Dol

phin

)

•M

oves

act

iviti

es fr

om c

ritic

al p

ath

for t

he ri

g to

flex

ible

tim

ing

for a

ves

sel

THE

WO

RLD

LEA

DIN

G D

ECO

MM

ISSI

ON

ING

SPE

CIA

LIST

Wel

lhea

d an

d Co

nduc

tor I

nsta

llati

on

Case

2

Peon

CAN

and

Con

duct

or In

stal

lati

on

THE

WO

RLD

LEA

DIN

GD

ECO

MM

ISSI

ON

ING

SPEC

IALI

STPe

on C

AN

and

Con

duct

or In

stal

latio

n

•P

re-in

stal

latio

n of

CA

N a

nd c

ondu

ctor

on

the

Peo

n fie

ld in

200

9•

Ves

sel:

Isla

nd C

onst

ruct

or•

The

Peon

CAN

•D

imen

sion

s: Ø

: 6m

x H

: 12m

•W

eigh

t: 80

ton

(dry

) – 7

2 to

n (w

et)

•P

enet

ratio

n:

1

1m•

Dep

loye

d by

cra

ne o

ver t

he s

ide

and

inst

alle

d w

ithin

12

hour

s•

The

Peo

n co

nduc

tor

•D

imen

sion

: Ø

: 30”

x 1

”wt x

L: 3

3m (i

n on

e le

ngth

)•

Driv

en b

y su

bsea

ham

mer

(toe

driv

e) to

30m

in a

ppro

x 6

hour

s

•S

aved

app

rox

3 rig

spr

ead

days

+ m

ade

drilli

ng o

n P

eon

poss

ible

(due

to s

oil a

nd re

serv

oir c

ondi

tions

)

THE

WO

RLD

LEA

DIN

GD

ECO

MM

ISSI

ON

ING

SPEC

IALI

STC

AN

Inst

alla

tion

on P

eon

Peo

n C

AN

de

plo

yme

nt:

•C

AN

we

igh

t, a

ir:

8

0t

•C

AN

we

igh

t, s

ea

:

72t

•C

ran

e C

ap

. (A

HC

): 1

40t

•C

ran

e o

ps.

tim

e: 1

½ h

rs

=> S

afe

& e

ffic

ient

CA

N

de

plo

yme

nt d

em

ons

tra

ted

!

THE

WO

RLD

LEA

DIN

GD

ECO

MM

ISSI

ON

ING

SPEC

IALI

ST

THE

WO

RLD

LEA

DIN

GD

ECO

MM

ISSI

ON

ING

SPEC

IALI

ST

THE

WO

RLD

LEA

DIN

GD

ECO

MM

ISSI

ON

ING

SPEC

IALI

ST

THE

WO

RLD

LEA

DIN

GD

ECO

MM

ISSI

ON

ING

SPEC

IALI

ST

THE

WO

RLD

LEA

DIN

GD

ECO

MM

ISSI

ON

ING

SPEC

IALI

ST

THE

WO

RLD

LEA

DIN

GD

ECO

MM

ISSI

ON

ING

SPEC

IALI

ST

THE

WO

RLD

LEA

DIN

GD

ECO

MM

ISSI

ON

ING

SPEC

IALI

ST

THE

WO

RLD

LEA

DIN

GD

ECO

MM

ISSI

ON

ING

SPEC

IALI

STPe

on C

ondu

ctor

Inst

alla

tion

on Is

land

Con

stru

ctor

THE

WO

RLD

LEA

DIN

GD

ECO

MM

ISSI

ON

ING

SPEC

IALI

STPe

on C

ondu

ctor

Inst

alla

tion

w/T

oeD

rive

ham

mer

THE

WO

RLD

LEA

DIN

GD

ECO

MM

ISSI

ON

ING

SPEC

IALI

STSu

mm

ary

- Wel

lhea

d an

d C

ondu

ctor

Inst

alla

tion

•P

rove

n co

ncep

t fro

m P

eon

and

othe

r pro

ject

s•

Tech

nica

lly a

s go

od o

r bet

ter c

ompa

red

to c

onve

ntio

nal m

etho

ds

•V

esse

l bas

ed C

AN

and

con

duct

or in

stal

latio

n sa

ves

appr

ox 3

rig

days

per

wel

l for

mod

erat

e w

ater

de

pth

•S

igni

fican

tly h

ighe

r tim

e sa

ving

s on

dee

per w

ater

(10-

15 d

ays)

•To

tal c

ost s

avin

gs: 1

5-75

MN

OK

/wel

l les

s co

st fo

r ves

sel,

CA

N a

nd c

ondu

ctor

driv

ing

serv

ices

•M

oves

act

iviti

es fr

om c

ritic

al p

ath

for t

he ri

g to

flex

ible

tim

ing

for a

ves

sel

•Th

e C

AN

offe

rs a

sig

nific

antly

bet

ter f

ound

atio

n fo

r the

wel

lhea

d th

an c

onve

ntio

nal m

etho

ds•

Can

mak

e dr

illing

pos

sibl

e an

d m

ore

relia

ble

on c

erta

in fi

elds

(soi

l and

rese

rvoi

r)•

Can

mak

e dr

illing

pos

sibl

e an

d m

ore

relia

ble

from

cer

tain

rigs

(hea

vy B

OP

s)

THE

WO

RLD

LEA

DIN

G D

ECO

MM

ISSI

ON

ING

SPE

CIA

LIST

“Rig

Cha

se” -

Sub

sea

Wel

lhea

d Re

mov

al

Case

3

Trol

la R

ig C

hase

THE

WO

RLD

LEA

DIN

GD

ECO

MM

ISSI

ON

ING

SPEC

IALI

STTr

olla

Rig

Cha

se

•S

ubse

a w

ellh

ead

loca

ted

on th

e Tr

olla

fiel

d•

The

wel

l per

man

ently

aba

ndon

ed (c

emen

ted)

by

the

rig•

The

wel

lhea

d w

as le

ft be

hind

for f

utur

e re

mov

al fr

om a

ves

sel

•W

ellh

ead

rem

oved

by

use

of th

e O

lym

pic

Zeus

in N

ov 2

009

•N

CA

’s p

aten

ted

Sub

sea

Wel

lhea

d P

icke

r•

Wel

l dat

a:–

Cas

ing

conf

igur

atio

n:

9 5/

8”-2

0”-3

0”–

Wat

er d

epth

: 27

0m–

Net

gua

rd in

stal

led

abov

e th

e w

ellh

ead

•S

aved

2 ri

g sp

read

day

s pe

r wel

l

•M

oves

act

iviti

es fr

om c

ritic

al p

ath

for t

he ri

g to

flex

ible

tim

ing

for a

ves

sel

THE

WO

RLD

LEA

DIN

GD

ECO

MM

ISSI

ON

ING

SPEC

IALI

STTr

olla

Rig

Cha

se (v

ideo

)

THE

WO

RLD

LEA

DIN

GD

ECO

MM

ISSI

ON

ING

SPEC

IALI

STSu

mm

ary

– Su

bsea

Wel

lhea

d R

emov

al

•P

rove

n co

ncep

t fro

m 1

2 su

bsea

wel

ls in

the

Nor

th S

ea•

Tech

nica

lly a

s go

od o

r bet

ter c

ompa

red

to c

onve

ntio

nal m

etho

ds (m

echa

nica

l cut

ting

from

rig)

•V

esse

l bas

ed w

ellh

ead

rem

oval

sav

es a

ppro

x 2

rig d

ays

per w

ell f

or m

oder

ate

wat

er d

epth

•To

tal c

ost s

avin

gs: 5

-10M

NO

K/w

ell l

ess

cost

for v

esse

l and

cut

ting

serv

ices

•M

oves

act

iviti

es fr

om c

ritic

al p

ath

for t

he ri

g to

flex

ible

tim

ing

for a

ves

sel

THE

WO

RLD

LEA

DIN

GD

ECO

MM

ISSI

ON

ING

SPEC

IALI

STO

vera

ll Su

mm

ary

- Cos

t Effi

cien

t Exp

lora

tion

Dril

ling

0

500

1000

1500

2000

2500

3000

3500

4000

05

1015

2025

3035

4045

50

MEASURED DEPTH (m)

MO

VE

OFF

WH

CSG

at 1

900

m

TIM

E (d

ays)

12 ¼" HOLE

Openhole

Seab

ed

MO

VE

IN /

PO

SIT

ION PILOT

HOLE

Running BOP

Dril

l 12

1/4"

to

cor

e po

int

Recover BOP, Cut WH

Drill 36”Hole

00

5000

10000

15000

20000

2500

30000

05

1015

E MEASUREDEDD DEPHT (m)

Opnenhohohhhhhhhohlele ooe hohohlel

Seab

edd

MO

VE

IN /

PO

SI

ITIITITITIITO

NO

NO

NO

NO

NO

NO

NO

NO

NO

NO

NO

NO

NO

NO

NO

NOOOOOOOOO

PILOOT THOLELE OHEE OLELE

Drill 3636”H”olee

Pre

rig a

ctiv

ities

•Inst

all p

rela

y m

oorin

g sp

read

•CA

N in

stal

latio

n*•C

ondu

ctor

*

inst

alla

tion

All

activ

ities

don

e fro

m a

ves

sel o

ffcr

itica

l pat

h

4045

50M

OM

OM

OM

OM

OM

OM

OM

OM

OM

OMMMMMMMMMMMMMMM

VE

OFF

Reoooooccocoooooocooooooooooooooooovevevevevevevvevevvveevvevvvvveevvvvvvvvvvvevvveer rrrrrBOBOBBBBP, Cu Cu Cu CCu Cu Cu Cu Cu CCu CCCu Cu Cu CCCCu CCCCCCCu Cu CCCu CCu CCCu CCu Ct tttWH WHH WWH WWW uuuuuuPo

st ri

g ac

tiviti

es•R

emov

e pr

elay

m

oorin

g sp

read

•Con

duct

or c

uttin

g•W

ellh

ead

/ CA

N

rem

oval

All

activ

ities

don

e fro

m a

ves

sel o

ffcr

itica

l pat

h

*

Ben

efits

•R

educ

ed ri

g tim

e ->

mor

e tim

e av

aila

ble

for d

rillin

g•

Act

iviti

es m

oved

from

a ~

5-10

mill

NO

K/d

ay ri

g sp

read

to

a ~

1 m

ill N

OK

/day

ves

sel s

prea

d•

Wor

k m

oved

from

crit

ical

pat

h to

flex

ible

tim

ing

Red

uctio

ns in

cos

t (to

tal 3

5-55

MN

OK

/wel

l for

mod

. WD

)R

educ

tions

in ri

sk (s

ched

ule

and

cost

)E

cono

mie

s of

sca

le b

y bu

ndlin

g pr

e an

d po

st ri

g ac

tiviti

es

THE

WO

RLD

LEA

DIN

GD

ECO

MM

ISSI

ON

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