Well management, engineering and operations

Well Management, Engineering and Operations.

Your trusted partner in well delivery.

Well Operations and Engineering Lloyd’s Register (LR) are market leaders in oil and gas and geothermal well operations and engineering, providing comprehensive well project management services and engineering expertise, both on and offshore. We help you deliver projects on time, within budget and with reduced risk and cost.

We enhance the well planning and performance of well operations, from initial conceptual well design through to well construction and ultimately suspension or abandonment.

By providing unique specialist knowledge, covering all aspects of well operations, we can help realise your strategic commitments ensuring you meet your responsibilities to investors, partners and governments.

$200m

Drilling management review identified over $200m saving per year. Onshore NOC: Well value optimisation.

2 | Lloyd’s Register

Well Engineering Services

Benefits

Experts in

• Increase confidence to deliver projects on time and in budget • Independent, strength in depth • Reduce costs and bring savings of scale • Minimise non-productive time • Asset and performance optimisation • Ensure projects are conducted in a safe and efficient way • Increase access to experienced personnel

• Drilling Engineering and Production Enhancement • Production Technology • MPD and Advanced Drilling Techniques (ADT) • Well Operations Performance Management • Wellhead and Well Control Equipment Engineering • Well Integrity and Examination • Well Abandonment • Due diligence • Knowledge management • Field development planning • Regulatory compliance

Our multi-disciplined team provides an engineering resource and focal point for the screening and planning of projects. We provide innovative solutions to complex challenges, enhancing the efficiency and performance of well operations, from initial concept though to project execution, cessation of production (COP) and abandonment.

Services include: • Ensure the integrity of your wells throughout their life-cycle • Mitigate environmental risk and reduce the frequency of unplanned release incidents.

• Deliver best in class performance • Prepare abandonment plans from single or multi-well scenarios through to full execution • Provide assurance that your well will be abandoned safely

Wells Operations and Engineering | 3

Well Operations We manage well project delivery with a full life cycle approach, covering all aspects of well design, construction and abandonment, helping minimise down time, and capital and operational expenditure.

With technical excellence and strength in depth governed by our robust and well established processes, we help evaluate and select the best options for well programs, from single exploration wells to multi-well field developments.

With years of project experience building lessons globally we apply this to your projects to minimise down time, reduce risk and costs and increase confidence to deliver projects on time and in budget.

In addition, we’re also a recognised well operator in the most rigorous regulatory environment and have diverse global experience including; new country start-ups and support of non-conventional flagship projects.

Services include: • Evaluate well design • Advise on development of cost effective wells • Oversee and prepare field development plans • Facilitate access to rig-slots while passing on the financial benefits of a longer term rig contract • Enable you to outsource your entire well operations and rig management requirements • Help source and manage available drilling rigs equipment and services, which allows ‘first time’ operators to outsource their entire drilling and rig management needs to us.

Management Systems, Assurance and QHSE We ensure your projects are delivered with complete QHSE focus from start to finish. We ensure that risks are continuously identified and controlled.

We employ a rigorous management of change process to ensure project objectives are delivered.

£250,000 $220m Through tailoring of crew change flights, a cost saving of £250 000 was achieved for a single project.

st

1

Project Managed the deepwest water depth well ever drilled offshore NW Europe.

4 | Lloyd’s Register

With further in-house expertise in:

Annual savings reviewing integrated well management organisation for an NOC in the Middle East.

$400mm

Identified over $400mm of performance savings for clients in the Middle East.

Experts in • Logistics and Remote Operations Support • Deepwater, HPHT and Remote Operations • Wells Plug and Abandonment • Secondary Well Control Equipment Assessment • Production Technology and Well Completions • Well Testing • Contracts and Procurement • Well Operations Performance Management • Drilling Rig Contracting and Programme Consolidation • Operational QHSE • Rig intake • Wells Management System Development

$2.45m

Saved client $2.45M drilling in the Middle East.

• Site survey and geoengineering • Rig intake and inspection • Reservoir expertise • Well integrity • Risk Management • Shallow hazard assessment

Our expertise applied:

Drilling the deepest well in North West Europe Project: Ultra-deepwater exploration well Background: This project was the first ultra-deepwater exploration well to be drilled by any operator in NW Europe. The well was to be drilled in a remote location without any existing infrastructure, and with limited and distant offset well data. We provided a full drilling department responsible for project management, contracts and procurement support throughout the project and supervision of well operations. We also managed the pre-drilling site survey and site investigation.

Results: We delivered a competent ultra-deepwater well design philosophy, using limited offset well data and high uncertainty regarding PPFG, in a very short time frame. The well was delivered with Zero lost time incidents (LTIs), injuries or harm to personnel. The project was delivered to the required timeline in summer 2017 and with effective delivery of all regulatory requirements prior to well spud.

Abandonment and Decommissioning Study – Identified up to $60 million in potential savings Project: Decommissioning project Background: We conducted a conceptual study for the abandonment of 5 subsea wells offshore Mauritania. This included a full conceptual well abandonment design as well as a conceptual cost analysis for completing the programme.

Results: Despite the challenge of delivering the extensive work scope to a tight 6 week deadline, all the work was completed and the project was delivered on budget. We identified upto $60 million potential savings by identifying the opportunity to leave equipment in situ, with an associated saving of approximately $9.75 million in operational time across the 15 wells, and highlighted ‘temporarily suspending’ the well when moving to full abandonment was more cost effective, a potential saving of $35-54 million.

Achieving time and cost savings through enhanced well delivery process management Project: Offshore Vietnam, Project Management Background: The client required the development of a bespoke set of procedures and policies for the drilling of two deepwater wells, that would meet the requirements and obligations with the Vietnamese governing body legislations. By its very nature, the exploration project had among the highest operational risks due to location, supply chain and logistics. The campaign had many firsts for Vietnam, including; first time the Wellhead was allowed to be left in place = first deepest depth well and first gas discovery deepwater, Vietnam.

Results: All operations were conducted with zero incidents, zero accidents, and zero environmental issues. Only three hours’ nonproductive time of the drilling rig recorded in 68 days of operations on first well. There was a <6% NPT over the whole campaign duration with no delays over logistics, materials or personnel.

$40m saving

Acheived $40M cost savings for client in Vietnam, setting up drilling operations where no infrastructure was in place.

6 | Lloyd’s Register

LR use bespoke cost tracking software, aligned with standard procedures, to track well costs during operations to within 3% of actual final costs.

100%

independent No shareholders, do not own any oil & gas fields

>£3m saving $1billion Our approach to performance drilling saved an operator £3m

Third party well equipment, well materials and well services procured since 2005

100+

1

LR trusted by the Oil & Gas UK to developed BOP guidelines for use in UKCS.

LR have developed a bespoke software package, LR Well-SecuredTM, used for assessing rig contractor compliance with API53S, standard for Blowout Prevention, and for assessing the optimum BOP ram configuration for specific well operations.

Wells designed worldwide

st

HPHT well drilled in the North Sea following the Macondo incident

>120

MSAs

Master Service Agreements in place.

Get in touch

Please visit www.lr.org/oilandgas for more information Or email oilandgas@lr.org Matt Rothnie VP - Wells E: Matt.Rothnie@lr.org

Jelle Wielenga Wells Manager – Continental Europe E: Jelle.Wielenga@lr.org

Phil Davies Head of Well Engineering services E: Phil.Davies@lr.org

Joost De Bakker Wells Manager - Middle East E: Joost.Debakker@lr.org

Dave Robb Wells Manager - Europe & Africa E: Dave.Robb@lr.org

Adam Lloyd Regional Head of Operations Wells and Drilling Integrity – Asia E: adam.lloyd@lr.org

Europe Lloyd’s Register Kingswells Causeway Prime Four Business Park Kingswell, Aberdeen United Kingdom AB15 8PU T +44 (0)1224 398398

Middle East Lloyd’s Register Festival Office Tower, Suite 2001 Dubai Festival City Al Rebat Street Dubai United Arab Emirates T +971 4 701 4160 / 4100

Continental Europe Lloyd’s Register KP van der Mandelelaan 41a Rotterdam 3062 MB Netherlands T +31 (0)10 2014200

Asia Lloyd’s Register Level 28, Naza Tower, Platinum Park No. 10, Persiaran KLCC Kuala Lumpur 50088 Malaysia T +60 3 2633 3001

Americas Lloyd’s Register North America, Inc. 1330 Enclave Parkway, Suite 200 Houston TX 77077 United States of America T +1 (1)281 675 3100

Lloyd’s Register is a trading name of Lloyd’s Register Group Limited and its subsidiaries. For further details please see www.lr.org/entities © Lloyd’s Register Group Limited 2018