Alcoa Aluminum Alloy Drill Pipe Helps Brunei Shell Petroleum Navigate Complex Offshore Drilling Well
Alcoa (NYSE:AA) announced that its Alcoa Oil & Gas business has successfully deployed 1800 meters (5,905 feet) of Aluminum Alloy Drill Pipe (AADP®) in the Iron Duke Well C offshore Seria, Brunei. Alcoa partnered with Brunei Shell Petroleum Co. Sdn. Bhd. (BSP), the largest oil and gas producer in Brunei, and AMRTUR Corp., Alcoa's service partner, on the project.
The well is considered among the most complex and deviated in the BSP system, with three "S" curves and a long horizontal section of approximately 5,000 meters, or about 3 miles long. It was successfully drilled to a total depth of 7,485 meters (4.6 miles) in about 60 meters (197 feet) of water.
"The Alcoa Aluminum Alloy Drill Pipe, which is produced in 30-foot (9.1-meter) aluminum tube sections and joined together using standard steel connections, is about 40 percent lighter than all steel pipes and has the potential to significantly reduce drill string hook load and related drilling torque and drag," said Jay Grissom, Alcoa Oil & Gas Marketing Director.
Alcoa’s innovative and proprietary drill pipe starts with a tapered, high strength, aluminum alloy tube. This tube is coupled with a steel tool joint using a proprietary thermal connection technology that allows steel tool joints to be attached to the aluminum pipe body. Alcoa produces the aluminum tubes at its Lafayette, Indiana, facility and assembles the finished drill pipe at its Oil & Gas facility in Houston, Texas.
“We are constantly challenged to push the drilling envelope further to maximize recovery and minimize cost,” said Shayne Dustin, BSP’s Senior Well Engineer. “Light alloy pipe was listed as a performance opportunity to help us tackle some of the challenges we face with reduced cantilever loading, high torque, high drag, high sideforce, and casing wear concerns. Without a light alloy alternative, the furthest reaches of the platform would require a modification to well design.”Select the service that is right for you!
COMPARE ALL SERVICESAction Alerts PLUS
TRY IT FREEJim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
Product Features:
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Dividend Stock Advisor
TRY IT FREENew! $49.95/yr
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
Product Features:
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Stocks Under $10
TRY IT FREEDavid Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.
Product Features:
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
- Weekly roundups
Real Money
TRY IT FREE24/7 market commentary from Jim Cramer and 20+ veteran Wall Street gurus. Get access to the latest trading ideas on stocks, options, and ETFs as well as a real-time forum to see the pros exchanging their investment ideas.
Product Features:
- Jim Cramer + 20 Wall Street pros
- Intraday commentary & news
- Real-time trading forum
- Actionable trade ideas
Real Money Pro
TRY IT FREEAll of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
Product Features:
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Options Profits
TRY IT FREEOur options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
Product Features:
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV
