Data system tightens Tenneco Gulf operations

Journal Article · Mon Sep 10 04:00:00 EDT 1984 · Oil Gas J.; (United States)

OSTI ID:5077106

True, W R

This paper describes Tenneco Oil Exploration and Production's real-time data acquisition and transmission system which has helped to reduce well trouble costs and time, as well as increase drilling efficiency. Between 1982 and 1983, trouble costs for Tenneco's domestic divisions dropped from 13.5% of total drilling cost to 6.8%. For one division, the Western Gulf, drilling trouble costs fell from 17% in 1982 to 4% in 1983, and equivalent drilling costs were reduced by $8.6 million. Reduced rig rates and related factors accounted for 24% ($2.1 million) of the improvement in reducing costs. Lower trouble costs and improved drilling efficiency, the major targets of the company's real-time data system, made up the remaining 76% ($6.5 million).

• OSTI ID: 5077106
• Journal Information: Oil Gas J.; (United States), Journal Name: Oil Gas J.; (United States) Vol. 82:37; ISSN OIGJA
• Country of Publication: United States
• Language: English

Related Subjects

02 PETROLEUM
020300* -- Petroleum-- Drilling & Production
03 NATURAL GAS
030300 -- Natural Gas-- Drilling
Production
& Processing
COST BENEFIT ANALYSIS
DATA ACQUISITION SYSTEMS
DRILLING
EFFICIENCY
GEOLOGIC DEPOSITS
GULF COAST
MINERAL RESOURCES
MWD SYSTEMS
NATURAL GAS DEPOSITS
NATURAL GAS FIELDS
NATURAL GAS WELLS
NORTH AMERICA
OIL FIELDS
OIL WELLS
PETROLEUM DEPOSITS
REAL TIME SYSTEMS
RESOURCES
USA
WELL DRILLING
WELLS