WELLBORE EXECUTION DIGITAL RISK EVALUATION
CLIENT AREA :
-Engineering
-Consulting
-Project Management
-Insurance companies
-Share holders
-Stake holders
SafeDrill Video Presentation & Report Sample
ABOUT RISK AND RISK LEVEL
Risk is defined as the possibility of an event occurring that will have an impact on the achievement of objectives. The risk level provides the basis for prioritization and action.
* Prior using the application,please download the pdf interactive forms downpage,fill and send : office@drillingrisks.com
THE FINAL CHECK BEFORE SPUDDING THE WELL
What is drilling all about.
Understanding the risk of it…
And why SafeDrill software application is needed.
1) Hydrocarbons
What Are the 3 ‘P’s of Oil Reserves?
Reserves refer to crude oil or natural gas deposits that remain underground and have not yet been extracted. The three “P”s of reserves refer to “proven,” “probable,” and “possible.” These correspond with the likelihood of successfully drilling in those deposits. The oil& gas industry gives proven reserves a 90% certainty of being produced (also known as P90). The industry gives probable reserves a 50% certainty (P50), and possible reserves just a 10% certainty (P10) of actually being produced.
2) Geothermal
The risk management of a geothermal project located in a sedimentary basin is comparable with a hydrocarbon prospect. For geothermal prospects the numerical risk analysis can be limited to reservoir characteristics such as uncertainties in temperature, effective thickness, permeability and sedimentary heterogeneity.
DRILLING RISK ASSESSMENT AND EVALUATION
A risk analysis is defined in the ISO definition (ISO, 2002) as the ‘systematic use of information to identify sources and assign risk values’. The risk assessment therefore has to focus on the identification of applicable hazards and its description (including quantification) of applicable risks to the process, personnel, environment and assets.
Ensuring and Enhancing the Planning .Check one more time!
Well planning
Well planning is perhaps the most demanding aspect of drilling engineering. It requires the integration of engineering principles, corporate or personal philosophies, and experience factors. Although well planning methods and practices may vary within the drilling industry, the end result should be a safely drilled, minimum-cost hole that satisfies the reservoir engineer’s requirements for oil/gas production.
Engineer Digital Review for Wellbore Operations
Engineer Digital Review SafeDrill software application :
Managing drilling budgets, mitigate risks, and reduce NPT.
How : Digitally approach based on :
*statistics
*probabilistic
*awareness
SafeDrill other advantages :
* reducing the probability of possible incidents
* better planning
* optimizing the drilling program.
Drilling Problems And Potential Source of Risk in Geothermal Drilling
considered by SafeDrill software application.
These problems should be considered for drilling in geothermal field.
1. Lost circulation
2. Aerated mud drilling
3. Blind drilling with salt water
4. Measurement of loss circulation rate
5. Drilling with partial lost circulation
6. H2S
7. Gas-fluid kick-steam kick
8. Stuck pipe
9. Wellbore stability
10.Cement displacement
DRILLING MANAGEMENT TOOL
WELLBORE-Drilling Project Management(Pre-Spud Review)
Readiness to Execute Phase.
Engineer Digital Review.
Risk management principles review :
1.hazard,
2.risk,
3.uncertainty,
4.variability,
5.risk management-measures and mitigation
BASICS &RESOURCES
The Basics upon this tool was made are :
-Integrating risk management concepts into the drilling non-productive time by Mohamed Barakat, Mahmoud Abu El Ela & Fouad Khalaf -Journal of Petroleum Exploration and Production 2021.
-Application of risk analysis in drilling well problems and operations- field case study Mohamed Halawahi ,Lazar Avram-Journal of Engineering Sciences and Innovation
-124 successful EngineerReview (oil,gas,geothermal,salt,injection) requested by Lloyd’s coverholerds.
Engineer Digital Review is a Pre-Spud Process made of two approaches :
1) A verification of wellbore design upon some technical requirements
using experience,current data technology and rules and regulations in the area ( ISO,NORSOK,API)
2) A digital verification using SafeDrill software to aggregate the collected data using statistc,probabilistic, other important ,decisive and cost related elements like :
-NPT
-RISK REGISTER
-OFFSET DATA
Finally getting RISK LEVEL as ONE CLICK RESULT represents a moving picture at the well spud moment.
The whole process can be interactive and is highly accurate.
Please Download the pdf.interactive form. Fill it and send it to :
office@drillingrisks.com
DEVELOPED IN COOPERATION WITH
MEMBER OF
office@drillingrisks.com