Sharjah National Oil Corporation (SNOC) has awarded a framework agreement to SLB which will execute SNOC’s new Underbalanced Coiled Tubing Drilling (UBCTD) project.
The agreement was signed by Hatem Al-Mosa and Hichem Bouhlel during their participation at ADIPEC.
SNOC was the first in the Middle East to employ UBCTD which was initially conducted on the Sajaa Field in Sharjah in 2003.
Commenting on the signing of the agreement, Al Mosa said, “SNOC is committed to investing in advanced technology to ensure that we meet the highest standards in drilling and operations for our gas projects in line with our long-term strategy. We are confident that the awarding of this project to SLB will help drive further efficiency in our cost and operations.”
The new deal will see the management of up to four wells with an option to extend the project to two years. It targets to realize SNOC’s ongoing efforts on economic and operational optimization and thereby increase the productivity of its gas operations and storage in the Moveyied field.
The agreement covers the project management and execution of Integrated Coiled Tubing Drilling services comprising the provision of coiled tubing drilling unit, fluid pumping services, nitrogen pumping services, underbalanced flowback package, CTD directional BHA’s, drilling services, and drill bits.
SLB’s advanced, Integrated Coil Tubing Drilling services with proven underbalanced control during drilling will provide the existing gas storage wells with higher quality multi-lateral legs with no formation damage, resulting in enhanced production and injection performances.
