Page 43 - Drilling Technology in Nontechnical Language
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34              Drilling Technology in Nontechnical Language Second Edition

























              Fig. 3–1. Part of the UK onshore licensing map

                  Small companies sometimes pay for a block, invest enough to identify
              good prospects, and then look for larger companies to buy in as partners.

              If this works, then the new partner will likely fund the first one or two
              wells, “carrying” the small company, to become a partner on the block. In
              this way, the small company can then increase its value many times with a
              relatively small investment.
                  An exploration well is drilled to gain information. It is usually a
              false economy to try to drill an exploration well to later produce oil. A
              producing well cannot be properly designed until the reservoir is known
              in sufficient detail (pressures, fluids and gases present, permeability, how


              well consolidated the reservoir rock is, and many other factors). Many

              things about the subsurface conditions cannot be predicted on the first
              well. This means that the well design may have to change if unexpected
              conditions  are  encountered  while  drilling.  Exploration  wells  should  be
              minimum-cost wells designed to obtain essential information and be
              abandoned afterwards.


                                      Well Proposal


                  For this example well, an angular unconformity structure is present (as
              was discussed in chapter 1), providing a potential trap for oil and gas. The
              geologists believe that it will contain a gas cap on top, with a column of oil
              and water below. It was decided to drill a well into the edge of the gas cap
              and follow the bedding plane down through the oil and into the water, so

              that several facts (the well objectives) could be established (fig. 3–2):





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