In Russia, Smith drill bits set new records while drilling the vertical intervals of exploration wells for Wolgademinoil in the Avilovskoe field. In the 11 5/8-in section of one well, Smith steel body PDC bits with premium cutters increased rate of penetration (ROP) five-fold, and footage by 350%, compared to the best offset wells. In the same well, but in the 15 1/2-in section, ROP was doubled and the section completed in one run while the footage drilled increased by 130%.In the Caspian Sea, Schlumberger Drilling & Measurements introduced the PowerDrive Xceed* rotary steerable system for LUKOIL-Nizhnevolzhskneft on an offshore extended reach drilling project in the Korchagina oilfield. PowerDrive Xceed technology enabled the efficient drilling of the world’s longest 9 1/2-in section and a corresponding saving of two days compared to the well construction plan.
Schlumberger Announces Second-Quarter 2013 Results
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