{"id":8955,"date":"2022-05-02T14:15:00","date_gmt":"2022-05-02T14:15:00","guid":{"rendered":"https:\/\/www.prnasia.com\/story\/archive\/3740762_AE40762_0"},"modified":"2022-05-02T14:15:00","modified_gmt":"2022-05-02T14:15:00","slug":"joint-industry-project-proposed-to-commercialize-novel-deepwater-single-trip-casing-drilling-tool-for-drilling-and-cementing-36-in-structural-casing","status":"publish","type":"post","link":"https:\/\/transmediavictoria.net.au\/?p=8955","title":{"rendered":"Joint Industry Project proposed to commercialize novel deepwater, single-trip casing drilling tool for drilling and cementing 36-in. structural casing"},"content":{"rendered":"<table border=\"0\" cellspacing=\"10\" cellpadding=\"5\" align=\"right\">\n<tbody>\n<tr>\n<td><img decoding=\"async\" title=\"logo\" src=\"https:\/\/mma.prnasia.com\/media2\/1807539\/Subsea_Logo.jpg?p=medium600\" alt width=\"118\" border=\"0\" hspace=\"0\" vspace=\"0\"><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><em>New approach replaces jetting to deepen structural casing based on fracture gradient; builds on proven, casing-drilling technology, and creates a more favorable wellbore geometry to more frequently meet well objectives.<\/em><\/p>\n<p><span class=\"xn-location\">HOUSTON<\/span>, <span class=\"xn-chron\">May 2, 2022<\/span> \/PRNewswire\/ &#8212; <em><a href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3520375-1&amp;h=2084067175&amp;u=https%3A%2F%2Fwww.subseadrive.com%2F&amp;a=Subsea+Drive+Corporation\" rel=\"nofollow noopener\" target=\"_blank\">Subsea Drive Corporation<\/a><\/em>, in conjunction with Blade Energy Partners and Frontier Oil Tools, is proposing a Joint Industry Project (JIP), to initiate development and commercialization of a new approach to deepwater casing design.<\/p>\n<p>&#8220;We felt the optimal approach for introducing this technology to deepwater operators was a JIP presenting the technology to the key players at a single venue,&#8221; said <span class=\"xn-person\">Steve Rosenberg<\/span>, Subsea Drive chief technology officer. &#8220;Over the past decade, we have authored several <em><a href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3520375-1&amp;h=2529628349&amp;u=https%3A%2F%2Fwww.subseadrive.com%2Fpublications&amp;a=papers+and+industry+articles\" rel=\"nofollow noopener\" target=\"_blank\">papers and industry articles<\/a><\/em>&nbsp;receiving positive feedback from deepwater experts. We see the potential to completely replace a traditional process with something far more effective, efficient, and safer.&#8221;<\/p>\n<p>This approach eliminates a major deficiency of deepwater well design: shallow setting depth of structural casing, being restrained by jetting technical limitations.<\/p>\n<p>Subsea Drive uses proven casing-drilling technology to replace jetting taking advantage of the rapid increase in the shallow fracture gradient. They are building a 36-in. casing-drive to enable drilling in a full string of 36-in. casing, or a tapered 36 x 28-in. string, to depths based on the fracture gradient, of 1,500 ft or more below the mudline. &#8220;This <em><a href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3520375-1&amp;h=552690275&amp;u=https%3A%2F%2Fwww.subseadrive.com%2Fcasing-drilling-hazards-mitigation&amp;a=single-trip+casing+drilling+system\" rel=\"nofollow noopener\" target=\"_blank\">single-trip casing drilling system<\/a><\/em>&nbsp;will eliminate one or two riserless casings, mitigate shallow hazards, push the high-pressure wellhead casing deeper, and enable favorable well geometry for expansion of the drilling operating pressure windows at deeper depths, providing a better opportunity for a successful outcome,&#8221; added <span class=\"xn-person\">Jim Wakefield<\/span>, Subsea Drive VP of engineering and well construction.<\/p>\n<p>A meeting of prospective candidate participants, including E&amp;P operators, drilling contractors, OEM equipment suppliers, service companies, regulatory organizations, and industry societies will be held <span class=\"xn-chron\">June 29, 2022<\/span> at the Norris Conference Center, at City Centre, <span class=\"xn-location\">Houston, Texas<\/span>. Contact Subsea Drive for event and registration details.<\/p>\n<p><strong>About Subsea Drive Corporation<\/strong>:<br \/>Subsea Drive Corporation was formed in 2021 to commercialize innovative well engineering and drilling technology concepts created by a core team of oil and gas industry experts with many years of broad and deep upstream experience.<\/p>\n<p class=\"MsoNormal\"><strong>For more information, contact:<\/strong><\/p>\n<p class=\"MsoNormal\"><strong><\/strong>Steve Rosenberg<br \/><a href=\"mailto:s.rosenberg@subseadrive.com\">s.rosenberg@subseadrive.com<br \/><\/a>713-449-4211<\/p>\n<p class=\"MsoNormal\">&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>New approach replaces jetting to deepen structural casing based on fracture gradient; builds on proven, casing-drilling technology, and creates a more favorable wellbore geometry to more frequently meet well objectives. HOUSTON, May 2, 2022 \/PRNewswire\/ &#8212; Subsea Drive Corporation, in conjunction with Blade Energy Partners and Frontier Oil Tools, is proposing a Joint Industry Project [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":8956,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[],"class_list":["post-8955","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Joint Industry Project proposed to commercialize novel deepwater, single-trip casing drilling tool for drilling and cementing 36-in. structural casing - My Blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/transmediavictoria.net.au\/?p=8955\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Joint Industry Project proposed to commercialize novel deepwater, single-trip casing drilling tool for drilling and cementing 36-in. structural casing - My Blog\" \/>\n<meta property=\"og:description\" content=\"New approach replaces jetting to deepen structural casing based on fracture gradient; builds on proven, casing-drilling technology, and creates a more favorable wellbore geometry to more frequently meet well objectives. 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