Developments in drilling methods and technology are leading to efficiency gains for oil and gas operators. Recent operational techniques (pad drilling) allow rig operations to drill groups of wells more efficiently because of the improved time for rigs to move from one well location to the next, while reducing the overall surface footprint. Drilling contractors can drill multiple wells in a shorter time than they might, otherwise, with just one well per site.
Surface drilling is a critical component of the pad drilling process. Wellbore integrity begins surface drilling providers. In order to reduce cycle time, today many drilling programs in key U.S. shale basin include spudder rigs. In fact, in 2010, less than 5% of Bakken operators used spudder rigs to reduce their cycle times and improve their cash flows. Today, 40% of all Bakken operators use spudder rigs as a way to improve efficiencies and strengthen their cash positions.
Our value proposition comes from developing strategic partnerships with our customers. Our goal is to reduce our customers’ operating costs by increasing operational efficiencies through end-to-end bundled and integrated services.
Surface drilling with a spudder rig meets the demand from the oil and gas industry to drive down cycle time (time from when the well is spud to when production is turned on) while increasing efficiencies. Allowing a surface rig to drill the surface holes prior to a large rig mobilizing to location provides the following benefits:
Cycle time is significantly reduced by utilizing surface rigs. The time reduction per well is significant but each multi-well pad has an even larger impact in getting production turned on faster.
Pre-setting surface with a spudder rig allows a big rig to work effectively and efficiently by allowing the big rig to focus on the deeper drilling.
Drilling costs can be minimized particularly on surface holes that have lost circulation or formation drilling issues by utilizing a spudder rig verse a larger rig that holds a higher day rate.
Streamlining operations by pre-setting surface allows pads to be brought on at a quicker pace, saving several days in the drilling process and thus the amount of time to get production online.
Footage capacity drilled can be significantly increased by utilizing a surface rig, thus adding the potential number of wells drilled per year.
See the attached spec sheets for information about our mobile rigs.