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...substantial improvement in product delivery and resultant reductions of inventory. The catalyst for these new processes was the Strategic Planning workshop lead by John de Wardt.
His recent corporate strategy development work resulted in a set of strategic initiatives that are already beginning to deliver value only a few months into their implementation.
His insight into the oil and gas industry is invaluable, and his knowledge of best practice in manufacturing has added measurable value to several of our investments.
John de Wardt provided us with a straight forward, hard driving, no nonsense approach to strategic planning that is still helping us define and achieve new business goals.
John’s emphasis on rigorous planning has resulted in tangible and measurable results in the area of drilling and completing wells. A true step-change.
We have seen significant improvements in results and have adopted the principles in our planning and operations efforts.
"ELITE" - A success for GF Satellites.
The Lean Drilling program was applied to a 4400 meters development well with an 1100 meters horizontal section, which was planned to include an intelligent completion, in the Norwegian sector of the N Sea. The well was drilled in 25.4 days with an overall drilling performance of 171 meters / day compared to a historic average of 80 meters / day, using a type 2 semi-submersible unit in some 350 meters of water (left plot). The completion activity was performed in 12.9 days compared to a historic completion time of 24 days (right plot). Statoil stated in their magazine "Well Informed" that the result was even better than the Technical Limit Curve for this well. This result realized capital cost savings of US$ 7.5 million and additional value from earlier production of oil.
One of the fastest offshore gas developments.
Sangu achieved first gas only seventeen months from the Field Development approval and just over two years from the discovery by Cairn. Cairn and its co-venturers were able to remain on schedule with the field development notwithstanding the many problems caused by the difficult operating conditions that are a feature of the Bay of Bengal. This is the first project to develop and supply gas from the Bay of Bengal into the domestic market of Bangladesh. Cairn and its co-venturer Halliburton jointly undertook this project that included sub-surface modeling together with the design and construction of the wells, platform, pipeline and onshore plant. DE WARDT AND COMPANY organized this multi-discipline, multi-location team and implemented management processes that aligned the team to very aggressive goals through their Lean Hydrocarbon Development program.