Professional Documents
Culture Documents
18
When industry
activity levels are
low, companies
spend more time and
resouces on applied
R&D to optimize and
more cheaply exploit
their existing asset.
19
A Crucial Foundation
R&D in the Petroleum
Industry
Hani Qutob, Reservoir Engineering Manager, Weatherford
20
Technology is
changing at an
incredible pace
and the power
of R&D to impact
this industry
is immense.
2. U BD for Maximizing
Reservoir Value.
UBD is defined as the intentional
reduction of the drilling-fluid density,
causing the hydrostatic pressure in
a wellbore to be lower than the pore
pressure within the formation and
thereby permitting reservoir fluids
to be produced while drilling.
It is important to note that properly
21