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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.
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.
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.
...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.
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.
Consistently Differentiated Performance
The application of Lean Drilling to the Norwegian operations of bp, TotalFinaElf, Statoil and Saga (now Norske Hydro) has differentiated the drilling performance of these operators when compared to their internal and external peers. With daily drilling costs in this region ranging from $150,000 to $350,000, the savings achieved are worth many millions of dollars. The plot on the left presented to the AADC in Houston on November 13, 2001 shows the step change achieved by bp Norway in comparison to their regional peers. The plot on the right shows how the clients of DE WARDT AND COMPANY achieved the best performance on a comparison of depth versus time for all Norwegian deep-water exploration wells.
Far East drilling beats Technical Limit
A long drilling history with a traditional organization achieved a plateau drilling time of 13 days for these 2,500m wells with 50 degrees of inclination. A Lean Drilling reorganization lead to a step change in performance, which quickly achieved 7 days for the same objective. Simultaneously the costs of drilling fluid and bits were reduced significantly helping to reduce the overall cost of these wells. The resulting performance (right plot) beats the typically stated technical limit of 2 days per 1000 ft for these wells.