Oil Services using Green Drill and Operator Model
Developing Oil Services Business: Pipeline of Companies want to use “Green Drill" Tech
“Green Drilling” is a business opportunity that is used to jointly develop an oil field that has not yet been drilled. Russian customers desire this new technology because they do not have sufficient investment or do not have the ability to construct their own oil field by utilizing our slim drilling technology.
”Green Drilling” technology presents a business model that shares profits by providing an optimal solution to the customers’ oil field where our rig equipment and core manpower is deployed in order to utilize economical and eco-friendly slim drilling.
Operator business model
Create a stable profit business model by signing operator contracts with oil companies in Southern Russia
Expand oil and gas business in CIS region starting with Uzbekistan
Green Drilling
Green Drilling is a modern and field-proven drilling technology adopted from mineral mining to oil & gas needs:
1. Reduced diameters and weight of drilling string and casing allows usage of lighter rigs and allow mobilization to distant locations to be cheaper and more efficient
2. Collarless drill string and casing allows narrowest possible margin between adjacent columns, alongside with low annulus volume, which decreases spending on mud, cement and waste control
3. Continuous drilling with core recovery without drill string pull-up - allows us to acquire maximum knowledge about geology and help us find & test missed and targets that are hard to detect
4. State of art technologies from oil & gas for logging, directional drilling, open-hole and cased hole testing
5. Highest possible safety level acceptable for oil & gas industry is maintained (triple BOP with hydraulic controls, MPD)