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Sinopec News Network reported on May 16, Southwest Oil and Gas Company's first daily-paid test well, Dongfeng 103 Well, was drilled to a depth of 1923 meters.
The "3+N" daily fee management model is a way that the company actively explores drilling speed and cost reduction in combination with the actual situation in Southwest China.
In order to ensure speed and efficiency, the company established a daily fee management system and work process, established a daily fee system leading group (expert group), implementation group (coordination group), and on-site supervision group, actively implemented the concept of drilling daily fee system, and elaborated engineering Design and construction design of daily fee system, compile a daily fee system supervision plan, optimize the team and equipment tools, and make every effort to provide personnel, equipment, and logistics support.
In the construction of this well, the company optimized the PDC bit and strengthened the construction of drilling parameters.
In the next step, the company will further summarize and upgrade, explore the integrated operation and cooperation mode of A and B materials, upgrade equipment in accordance with the daily fee system + regional equipment upgrade requirements, continue to select wells to carry out daily fee drilling pilots, and further upgrade and improve daily Fee system and management mode to create regional benchmark wells.