Manufacturing Industry
Microdrilling method enables wells to reach natural gas.(BUSINESS TRENDS)
Advanced Materials & Processes, February, 2007
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A U.S. Department of Energy-funded technology that could change the way America's oil and natural gas wells are drilled has been successfully demonstrated in the Midcontinent region. A specially designed hybrid "microhole" coiled tubing rig recently concluded the drilling of 25 test wells to penetrate a particularly intractable natural gas formation called the Niobrara in western Kansas and eastern Colorado.
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The effort delivered cost savings of 25 to 35% per well drilled, compared with conventional drilling equipment. As a result, about one trillion cubic feet of shallow ...
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