Drilling solutions provider Drillmec has reached an agreement with independent oilfield services company GEOLOG International to pursue a joint business development and provision of its Heart of Drilling (HoD) service.
Under the agreement, GEOLOG will initially target HoD within the geothermal market.
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In addition, the company will address operations with narrow operating pressure windows, as part of its drilling solutions division.
GEOLOG provides advanced surface logging solutions to operators for optimised drilling performance and advanced hydrocarbon and reservoir characterisation.
Drillmec CEO Simone Trevisani attributed a majority of drilling problems to wellbore pressure management and related hole cleaning issues.
Trevisani said: “For this reason, controlling well pressures during all phases of the drilling process is fundamental for wellbore stability, operational efficiency and so the economic success of wellbore construction.
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By GlobalData“Drillmec realised that to bring the value of HoD to the broader market within an aggressive timeframe, a strategic partnership with an independent, industry-leading services provider with global presence and reputation was necessary; the synergies with GEOLOG were perfect to this end.”
The HoD Continuous Circulation System is claimed to offer uninterrupted bottom hole pressure management during connections.
When combined with a high-resolution flow rate monitoring system, HoD equips operators with the ability to achieve the planned total depth (TD) in challenging drilling environments.
GEOLOG vice-president Richard Calleri said: “This agreement with Drillmec further reinforces our ability to support our clients’ drilling efficiency while delivering increasingly challenging wells cost-effectively.”
