The Fully Rotating PowerV* System Drills Cost Efficient Vertical Wells
HOUSTON - Schlumberger Oilfield Services today announced the introduction of its new PowerV rotary steerable system that automatically drills an optimized vertical well from spud to total depth.
The PowerV system can be run with minimal or no directional drilling supervision, and no measurement-while-drilling (MWD) system is required. It automatically corrects any deviation tendency. A simple inclination-only MWD or Schlumberger SlimPulse system can be used if confirmation is required. By using both surface and/or downhole power technologies, the PowerV system can be adapted to run on almost any rig. This technology integration provides an optimal performance vertical drilling solution.
"The PowerV system, with automatic steering and adaptability to almost any rig, make it a cost effective solution for all vertical drilling applications," said Paul Wand, business development manager for drilling technology, Schlumberger Oilfield Services.
The vertical drilling system permits optimal formation-based drill bit selection, and rate of penetration (ROP) is further optimized by using the best drilling parameters. The system does not interfere with normal drilling practices and can operate in temperatures up to 150 degrees C.
The newest member of the PowerDrive* family of rotary steerable systems, the PowerV vertical drilling system shares a unique characteristic. Every part of the drillstring rotates at the same speed, improving hole cleaning efficiency and wellbore quality and reducing lost-in-hole potential as well as mechanical and differential sticking. Its attributes ensure optimum penetration rates while maintaining vertical automatically for the duration of drilling until total depth is reached.
For additional information go to www.oilfield.slb.com/powerv.
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About Schlumberger
Schlumberger is the world's leading oilfield services company supplying a wide range of products and services from formation evaluation through directional drilling, well cementing and stimulation, well completions and productivity to consulting, software, information management and IT infrastructure services that support core industry operational processes. The company employs more than 45,000 people of over 140 nationalities working in 100 countries. Schlumberger also manages WesternGeco, jointly owned with Baker Hughes, which is the world's largest seismic company and provides advanced acquisition and data processing services. In 2003, Schlumberger operating revenue was $10.1 billion. For more information, visit slb.com.
For further information, contact:
Susan Ganz
Media Relations Manager
Schlumberger Oilfield Services
Tel: +1 281 285 8245
sganz1@slb.com
Press Release 2006
