WIRELINE Spring 2017

the initiative

With exploration drilling at an all-time low and development drilling at its lowest since the 1970s, industry has kicked off a cross-sector project to explore how well construction costs may be reduced to stimulate activity. Wireline finds out more from Katy Heidenreich, operations optimisation manager at Oil & Gas UK.

“ Analysis of developments in the central North Sea shows that the time taken to drill wells of roughly the same length essentially doubled between 2004 and 2014…a marked reduction in efficiency.

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| W I R E L I N E | SPRING 2017