As your cost of doing business and drilling challenges continue to increase, we’re making significant infrastructure investments that are enabling us to work closer with your teams.
Supporting this approach, we’ve signed a cooperation agreement with Petrobras for well, reservoir, and oil-lifting R&D, based at our Baker Hughes Rio de Janeiro Technology Center.
Petrobras will invest $16.4 million in addition to our $29 million investment in the project. This important collaboration is focused exclusively on developing the right technology to solve your most pressing presalt reservoir challenges. Our purpose is enabling you to work with reduced HS&E and economic risk.
Already in Brazil, in collaboration with Petrobras, we’ve developed a step change in gravel pack deployment: Our OMNI-PAC™ invert fluid system - in the Campos Basin’s deepwater horizontal wells - is reducing completion time while simultaneously improving production rates.
Recently, in another successful collaboration with Petrobras, we reduced rig time dedicated to coring operations. Our new wireline rotary coring technology can drill and retrieve multiple 1 1/2-in. cores in minutes.
Our approach can help you optimize drilling production and reduce intervention in these substantially challenging plays.
Our collaborative approach with the operator resulted in successful navigation with full reservoir coverage.