"The completion design is being finalised with recommendations from RPS Energy and Halliburton anticipated imminently.
These guys are award winners see below.
E&P Engineering Excellence Winners
WEB = http://www.halliburton.com/default.aspx?pageid=2670&navid=1331
A history of innovation
Long known as the energy service industry's technology leader, Halliburton's reputation stems from its role as a major supplier of innovative, “game changing” technologies. This technological focus began with the company's founder, Erle P. Halliburton, and continues to this day in the Company's global research laboratories and in demonstrated field execution.
E&P Engineering Excellence winners on a consistent basis
In these times of extraordinary market challenges, Halliburton's unwavering commitment to highly focused technology development continues to pay enormous dividends for its customers. And now, in the form of three prestigious awards, for the Company itself.
One of the energy industry's most visible—and prestigious—recognitions of technology innovation is the annual Hart's E&P Meritorious Awards for Engineering Excellence
“For 38 years, Hart Energy Publishing and its predecessors have been honored to announce the winners of the Hart Meritorious Award for Engineering Excellence, “ commented E&P editor-in-chief Dr. William J. Pike in the March 13, 2009 issue of Hart's E&P magazine. “This year's winners continue the tradition of technical innovation that has allowed our industry to progress steadily in the face of more challenging reservoirs and more hostile operating environments.”
The awards themselves were formally presented during the opening day of the Offshore Technology Conference at Reliant Park in Houston, Texas on Monday, May 4, 2009.
Halliburton's 3 winning technologies
Completions Delta Stim® completion service
Meeting a long-standing industry need for accurate fracture placement with minimal or no intervention, the Delta Stim® completion service enables the stimulation of an unlimited number of producing zones in either horizontal or vertical wells. All without the use of retrievable or drillable bridge plugs to isolate zones with a drop ball or a hydraulic shifting system. This completion method is the first to market with the capability to allow manipulation by either mechanical or hydraulic means.
The completion service employs the Delta Stim® sleeve and the Swellpacker® isolation system, enabling operators to selectively access a variety of different pay zones in a single wellbore with the option to close off one or more zones at a future date.
To date, the Delta Stim completion service has been utilized to isolate and treat over 1500 total zones in 250 different wellbores located throughout the USA and Canada. Total average pump time for each zone was 2.5 hours. Total time saved was approximately 5800 hours.
For more information, please reference SPE 115476.
Intelligent Systems and Components Pore Pressure Prediction and Geomechanical Analysis software
Today, successful wells are clearly more challenging and costly than ever before. Whether their reservoirs are in deep water, under large salt bodies, within tight sands or shales, or located in carbonate plays or tectonically stressed areas—all present operators with a variety of exceptionally complex pore pressure and geomechanics obstacles that can ruin a drilling program.
Having a solid understanding of geopressure and geomechanics conditions has been well documented by industry experts as one of the most important factors in drilling a well safely and minimizing expensive non-productive time (NPT). Indeed, pore pressure and wellbore stability-related problems cost the industry in excess of $8 billion per year. Landmark's Pore Pressure and Geomechanics solution is helping operators manage these problems and improve their bottom line across the well's lifecycle—from reducing time to first oil and exploration costs to optimizing development and production programs.
Stimulation Acid-on-the-Fly (AOF) blending system
At well sites requiring acid treatments, real-time blending helps optimize acid treatments and improve environmental performance. Halliburton's new AOF blending system provides significant improvements in several aspects of the acidizing process. These improvements include:
enabling real-time, on-the-fly adjustments to the acid delivering a precisely controlled acid blend downhole allowing the procurement of a blended sample for testing and verification anytime during the treatment eliminating disposal issues since acid is blended only as it is used ensuring that used acid components can be recycled for another treatment improving personnel safety reducing the treatment site footprint by eliminating the on site need for 10 or more 6,000-gal poly tanks of preblended acid In addition, with Halliburton's AOF system, the ability to modify an acid treatment at any time provides important advantages. For example, if a problem arises due to the hydrofluoric acid creating unexpected damage, the treatment can be stopped, or the acid blend can be quickly changed to hydrochloric acid with no wasted material. Also, at the conclusion of the treatment, any excess acid components can be handled very efficiently. The acid supplier simply returns the remaining material to the supplier's facility.
To learn more about this year's Hart E&P Meritorious Awards for Engineering Excellence winners, go to www.epmag.com.
It would seem that GDN is using the very best engineers available. Thats what I call good management decisions.
Lets see what happens next. IMO DYOR
GDN Price at posting:
8.1¢ Sentiment: Hold Disclosure: Not Held
