Where is the coiled tubing wave headed. [The increased use of coiled tube drilling equipment in the oil and gas industry]
- Drexel-CTES, Conroe, TX (United States)
In the late 1980s, the coiled tubing (CT) service market began a wave of growth and expansion unparalleled by other oil field services. In 1989, market growth was so rapid it was referred to as a ''CT revolution.'' The trend has continued through the early 1990s with annual growth rates of 20%--30%, while other oil field service markets have been stagnant or even shrinking. With the recent advent of open-hole CT drilling (CTD) and CT completions (CTC), the wave's momentum is increasing with no end in sight. Advances in CT manufacturing, fatigue prediction, larger-diameter tubing, CT logging and other CT equipment made in the late 1980s improved the reliability and effectiveness of CT services, triggering this wave of activity. The status of this technology is discussed along with the performance and reliability of coiled tubing drills.
- OSTI ID:
- 6781686
- Journal Information:
- Petroleum Engineer International; (United States), Vol. 66:9; ISSN 0164-8322
- Country of Publication:
- United States
- Language:
- English
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