Lost circulation is one of the main triggers of non-productive time in the drilling industry today. By understanding the causes of fluid loss, Baroid can create a plan to prevent or mitigate any lost circulation issues.
With rig costs moving upwards of $1 million a day, non-productive time can have a serious impact on the cost and profitability of a well. Armed with years of industry experience, Baroid engineers have the ability to reduce non-productive time associated with lost circulation.
The first step in reducing the risk of lost circulation is by developing a prevention plan through the use of digital wellbore planning software and bridging materials to increase wellbore strength and widen the pressure margin window.
In the instance that lost circulation does occur, Baroid also has a full line of lost circulation materials and years of industry expertise to mitigate the costs of any fluid loss scenario. Please click on the Learn More button below to discover more about lost circulation and how Baroid can minimize non-productive time and rig costs.