Reducing the cost of well construction
We want to significantly reduce the cost of well construction. We’re looking for innovative ideas and concepts on three themes - seabed pressure isolation, well system, new ways to stimulate well flow.
We're investing c.£1 million in a portfolio of projects to solve our well construction challenge. All we need at this stage is the spark of an idea!
Click here to submit your idea before 9 March!
What's the Call for Ideas all about?
Significantly reducing the cost of well delivery could unlock 5 billion barrels of resource already identified on the UK Continental Shelf.
Well construction methods have changed little since drilling started in the North Sea. We believe that developing new technology and practices can reduce development costs, increase recovery and minimise well intervention.
Applications for the Call for Ideas are now closed.
This will allow mature, marginal or near field reserves to be developed, helping to extend the life of existing infrastructure.
We’re looking for innovative ideas and concepts on three themes:
Seabed pressure isolation - We believe there are transformational ideas out there for how to manage pressure and flow in a different way.
Well system - We’re looking for different, 21st century opportunities to create pressure isolation, hold back wellbores and give better stability in the wells as we drill them.
New ways to stimulate well flow - We are looking for ideas that can improve recovery from wells, enhance connectivity to increase the flow and deliver better overall production and value.
Click here to submit your ideas before 9 March.