Deep water Drilling –High Rig Costs

•The practices of drilling and completing wells in deep water are high-cost operations.
•Optimization can be achieved through proper, coordinated planning and implementation of all of the related efforts on a deep water project to reduce cost and maximize productivity.
•A low-cost approach to fluids is not always the correct approach for deepwater projects.
–Any drilling fluid system or process that can help reduce the time required to reach the operator’s objectives should be considered, regardless of cost.
–The cost of a high-performance mud system can be offset easily by the savings in rig cost realized by reducing the number of days required to complete the project.