There is no magic wand to solve the world’s energy future. Exploring new avenues to unleash fresh economic prowess has never been more important. Ingenious techniques and technologies are vital to overcoming not only today’s pressing issues, but also the challenges of tomorrow.
Keeping the design and development of tools, which unlock efficiencies, at the forefront of the worldwide oil and gas industry agenda is key. At Delphian Ballistics, we have designed an award winning new well perforation technology which is addressing several of the major issues currently confronting the global oil and gas industry. I’ll be presenting on the TriStim system to leading industry experts at the 2015 International Perforating Symposium in Amsterdam.
The conference began in Houston in 2008. Since then it has taken place in Kuala Lumpur, Abu Dhabi, Bogota and Muscat and offers an ideal platform for multinationals and sparky start-ups alike to share groundbreaking industry know-how.
We are currently undertaking trials of TriStim in the US and are celebrating progressing the development of the system ahead of schedule. Its benefits are undeniable and we want to continue to communicate these to the industry.
TriStim will ultimately save operators time and money. It reduces the need for high levels of onshore and offshore fracking which can cause damage to the environment.
The TriStim gun will also make depleted and uneconomic assets viable again and cut the time taken to exploit individual wells by reducing the lifecycle cost. It is proven to increase well productivity by up to 50 per cent, with the capability to enhance fracture dynamics and maximise the profitability of ageing infrastructure.
The North Sea in particular is a mature market and investing in new technology which is cost-effective can provide a greater return on investment. I would urge the industry to embrace advances in technology to maximise ageing infrastructure. Particularly at this time where operators and service companies are looking to balance the books against a lower oil price.
But for conventional wells, the implications of improving hydrocarbon flow, and hence increasing productivity, go far beyond simply producing more barrels per day. The patented system will also make depleted and uneconomic assets economic again. Whether used in an individual well or an entire field, it will reduce the time taken to exploit the asset by reducing the lifecycle cost while also extending the scale of the production project. Ultimately, it will increase asset worth, recoverable hydrocarbon reserves and shareholder value.
Our TriStim perforating gun system offers a smarter way to perforate because it sets out to do something unique based on the physics of ballistics. By applying precision ballistics engineering to the age-old process of perforating, it is able to offer significant improvements to well enhancement simply by harnessing the power of shockwaves.
TriStim adopts a unique configuration whereby each collection of three shaped charges is angled to meet at a pre-determined distance from the wellbore within the reservoir. Shockwaves from the upper and lower charges combine to weaken the rock in the focal region of the tunnel axis. Shockwaves from the middle charge create a connected pathway, delivering a combined perforation channel with uniquely enhanced tunnel geometry, reduced overall perforation damage and deeper penetration than is achieved with conventional systems.
We have secured collaboration agreements with oil service companies in the UK and US who see TriStim as a differentiator, and our team has been recognised with an industry accolade for innovation in the Offshore Achievement Awards.
Technology is at the heart of great achievements in the oil and gas industry. New tools change the way reserves are identified, developed and produced and allow us to find deeper and harder to reach pockets of energy in a safe and environmentally friendly way.
Conditions will continue to test our resolve and ingenuity. Oil and gas is a traditionally conservative and risk averse. It does not like change. But there is a move towards an openness to technology that is trial proven. We must continue to adapt and respond to new challenges the energy sector throws at us, whether by geography, supply chain, costs or oil price. Working together and sharing ideas is paramount to overcome these barriers. Collaborative working and discussion are vital if we are to continue to succeed in this dynamic industry.
More about Delphian Ballistics:
Delphian Ballistics was established to develop transformational technology for the global oil and gas industry and is dedicated to industry-changing solutions. It has current interests in the North Sea and the onshore unconventional shale gas market in the US.
More about Simon Allison:
Having spent over 20 years as a petroleum and production engineer in key technical positions within global oil companies and petroleum consultancy companies, Simon is Delphian’s technical lead. His broad experience, with exposure to wide ranging reservoirs, both conventional and unconventional, positions him ideally to lead on TriStim’s applicability and deployment potential. While in the post of Global Head of Production Technology at a well engineering consultancy, Simon had an early introduction to TriStim when he carried out performance verification analysis of perforating jobs conducted using a previous version of the system. The insight Simon gained into the potential of the technology proved extremely useful when, in early 2013, he was invited to join Delphian’s executive team.