The CAN-ductor solution is ideal for subsea development wells as it provides a robust and proven structural well foundation.
The CAN-ductor is installed from a vessel ahead of rig arrival, and installation quality is verified pre-rig arrival. This removes the conductor hole drilling, conductor running, and cementing operations from the rig schedule and saving CO2.
Load capacity is calculated onshore and verified during installation to ensure quality and integrity.
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BENEFITS
Pre-rig well construction cost savings (2 - 4 days)
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Vessel & CAN rental vs rig costs
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Top hole activity off critical path
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Integrated conductor
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First cement job omitted
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No conductor cementing, no top-up risk
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Spud with smaller BHA
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Simplified P&A
Pre-mounted equipment cost savings
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Tie-in points
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Manifolds
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Installed / tested in shop
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Supplier independent
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Standardisation possible
Accelerated production
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Reduced project execution time
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Increased probability of project sanction
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Potential to save millions of US$
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5 weeks lag from well completion to production
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Example: US$ 50 per barrel AND 5,000 per barrel productoin per day FOR 5 weeks EQUALS Net Present Value increase of US$ 9M
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Technical
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Verified well load capacities
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Improved wellhead fatigue management
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Increased risk management
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Improved field architecture
Intangibles
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Cost control
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Reduced schedule risk
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Planning
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Improved HSE
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Reduced seasonal dependence
STREAMLINED INSTALLATION WITH CAN-COMPLETE
Today the Neodrill team offers a lean full-service Engineering, Procurement, Construction, and Installation solution. Through long-term cooperation with sub-suppliers and partners, the Neodrill team manages all aspects of a CAN project - from adapting the CAN to the specific soil conditions, to organizing the installation vessel and executing the installation.
By using collective experience and knowledge from previous projects, costs associated with CAN projects have been significantly reduced over time, in some cases up to 50%.
