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Open AccessReport10.2172/1025562

Development of a Low-Cost Rotary Steerable Drilling System

Roney Nazarian-2011-09-28
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TL;DRAbstract

The project had the goal to develop and commercialize a low-cost rotary steerable system (LCRSS) capable of operating downhole at conventional pressures and temperatures to reduce operating costs by a minimum of 50% and lost-in-hole charges by at least 50% over the currently offered systems. The LCRSS system developed under this project does reduce operating costs by 55% and lost-in-hole charges by at least 50%. The developed product is not commercializable in its current form. The overall objective was to develop and commercialize a low cost rotary steerable system (LCRSS) capable of operating downhole at conventional pressures and temperatures (20,000 psi/150 C) while reducing the operating costs by 50% and the lost-in-hole charges by 50% over the currently available systems. The proposed reduction in costs were to be realized through the significant reduction in tool complexity, a corresponding increase in tool reliability as expressed in the mean-time between failure (MTBF), and a

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The project had the goal to develop and commercialize a low-cost rotary steerable system (LCRSS) capable of operating downhole at conventional pressures and temperatures to reduce operating costs by a minimum of 50% and lost-in-hole charges by at least 50% over the currently offered systems. The LCRSS system developed under this project does reduce operating costs by 55% and lost-in-hole charges by at least 50%. The developed product is not commercializable in its current form. The overall objective was to develop and commercialize a low cost rotary steerable system (LCRSS) capable of operating downhole at conventional pressures and temperatures (20,000 psi/150 C) while reducing the operating costs by 50% and the lost-in-hole charges by 50% over the currently available systems. The proposed reduction in costs were to be realized through the significant reduction in tool complexity, a corresponding increase in tool reliability as expressed in the mean-time between failure (MTBF), and a

Keywords

Reliability (semiconductor)Mean time between failuresCost reductionDrillingReduction (mathematics)Reliability engineeringBoreholeEngineering

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