UK firm AnTech Ltd has been appointed by Lundin Petroleum (Lundin) to carry out an Underbalanced Coiled Tubing Drilling (CTUBD) project to ensure maximum oil recovery from its assets in Europe.
LUNDIN PETROLEUM AWARD UNDERBALANCED COILED TUBING DRILLING CONTRACT TO ANTECH
11th August 2014
The program builds on a similar, successful project which was completed in 2007. CTUBD allows the wells to be extended without damaging the existing wellbore. This is something that is only possible with this technique.
AnTech’s POLARIS Bottom Hole Assembly (BHA) has been purpose built for this type of application, allowing new horizontal drainage holes to be used to offer enhanced oil recovery in a safe, environmentally responsible and efficient way.
Toni Miszewski, Managing Director, AnTech said “This is an exciting project for the AnTech team, and Lundin will be able to take advantage of 22 years of providing specialist solutions to the oil and gas sector. As operating companies seek to produce more from existing wells, Coiled Tubing Drilling is increasingly seen as a cost-effective way for them to do that.
“We are delighted to have been appointed by Lundin Petroleum and believe our offerings sit well with the organisations’ values of ensuring maximum oil recovery in a safe and environmentally responsible way.”
The project is based in Lundin Petroleum’s operational Villerperdue oilfield in France, within the Paris basin. The fields continue to provide opportunities for non-drained wells to be accessed and recovered.
Fabrice Crouzet, Drilling Manager, Lundin said “We have selected AnTech for their technical capability that they can bring to this project with their 5” POLARIS BHA. This is the first time a BHA of this size will be deployed in Europe so we are looking forward to working with them on this campaign and enhancing our production".
Lundin Petroleum is a Swedish independent oil and gas exploration and production company with a well balanced portfolio of worldclass assets primarily located in Europe and South East Asia.