World Business Review Video
de Wardt and Company was featured in Alexander Haig’s World Business Review television program, showcasing several of his services including Lean Management, Project Management, and Strategic Planning.
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Due to this planning, all the well objectives were met below AFE and under planned time. This planning process contributed to the drilling success of the Gjallar deepwater well.
The strength of this approach is that it is the project team who build the organization and thus who have a direct stake in its success it is not a process that can be copied.
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.