NEN 0.00% 22.0¢ neon capital ltd

ta to Timber7 and Tshirt. New to this game and researching as a...

  1. 48 Posts.
    lightbulb Created with Sketch. 2
    ta to Timber7 and Tshirt. New to this game and researching as a result of their informative postings and thought I would share this for the other less informative SH out there

    In drilling a typical high-pressure well, drill strings are routed through a blowout preventer stack toward the reservoir of oil and gas. As the well is drilled, drilling fluid, "mud", is fed through the drill string down to the drill bit, "blade", and returns up the wellbore in the ring-shaped void, annulus, between the outside of the drill pipe and the casing (piping that lines the wellbore). The column of drilling mud exerts downward hydrostatic pressure to counter opposing pressure from the formation being drilled, allowing drilling to proceed.

    When a kick (influx of formation fluid) occurs, rig operators or automatic systems close the blowout preventer units, sealing the annulus to stop the flow of fluids out of the wellbore. Denser mud is then circulated into the wellbore down the drill string, up the annulus and out through the choke line at the base of the BOP stack through chokes (flow restrictors) until downhole pressure is overcome. Once “kill weight” mud extends from the bottom of the well to the top, the well has been “killed”. If the integrity of the well is intact drilling may be resumed. Alternatively, if circulation is not feasible it may be possible to kill the well by "bullheading", forcibly pumping, in the heavier mud from the top through the kill line connection at the base of the stack. This is less desirable because of the higher surface pressures likely needed and the fact that much of the mud originally in the annulus must be forced into receptive formations in the open hole section beneath the deepest casing shoe.

    If the blowout preventers and mud do not restrict the upward pressures of a kick, a blowout results, potentially shooting tubing, oil and gas up the wellbore, damaging the rig, and leaving well integrity in question.

    Since BOPs are important for the safety of the crew and natural environment, as well as the drilling rig and the wellbore itself, authorities recommend, and regulations require, that BOPs be regularly inspected, tested and refurbished. Tests vary from daily test of functions on critical wells to monthly or less frequent testing on wells with low likelihood of control problems.[1]

    Exploitable reservoirs of oil and gas are increasingly rare and remote, leading to increased subsea deepwater well exploration and requiring BOPs to remain submerged for as long as a year in extreme conditions. As a result, BOP assemblies have grown larger and heavier (e.g. a single ram-type BOP unit can weigh in excess of 30,000 pounds), while the space allotted for BOP stacks on existing offshore rigs has not grown commensurately. Thus a key focus in the technological development of BOPs over the last two decades has been limiting their footprint and weight while simultaneously increasing safe operating capacity.
 
watchlist Created with Sketch. Add NEN (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.