CADS
will transfer our advanced UBD technology
and “fit for purpose” equipment
package to qualified Drilling
Contractors that are strategically
located around the globe. Thus equipped,
the drilling contractor would provide
an entire UBD package to the operating
company. The advantages of this economic
model are five fold;
1)
The drilling contractor benefits by creating
several lucrative new revenue streams.
•
N2 generation
•
Increased penetration rates
(better
to get paid for footage than have reduced
drilling days.)
•
Aeration to over come loss circulation
(significantly reduces mud costs)
•
Foam drilling
(large diameter holes and blind foam
drilling saves water costs)
2) The drilling contractor will
be more competitive when bidding future
work.
3) The drilling contractor’s
personnel gain valued technical expertise
in the correct
application of
UBD/Air techniques through CAD’s
Technology Transfer
Program.
4) The drilling contractor's
client will have a reduced cost per well.
5) The drilling contractor's
client has one service company accountable
for UBD
operations. (a
more harmonious operation)
CADS’s
provides our clients with customized,
world class written procedures for all
their Underbalanced Drilling operations,
safety and environmental concerns.
