TNK-BP is planning to cut drilling costs by 3-10% as part its integrated Asset of the Future programme for automation of basic oil production processes. The project will generate an annual average saving of roughly $6-7 mln over the next five years.
Launched in 2010, the Company’s Asset of the Future project incorporates a programme of automation of the full cycle of drilling processes, from design to data collection and analysis. This not only cuts drilling times, reduces the number of process violations, prevents drill rig accidents and ensures better control over the work of contractors, but also creates a common information environment for drilling companies.
Alexey Parasyna, Director of TNK-BP’s Metrology, Automation, Communications and IT Department, stresses that “The new software will ensure a higher quality of processing and analysis of drilling data, reduce the time taken to drill wells, bring forward first oil, increase the rate of penetration and enable more rapid response to any issues or incidents arising when drilling, while also making it possible to manage contractor performance.”