Managing costs is critical for drilling operations to achieve profitability and sustainable growth. This article will delve into the factors that affect drilling costs and provide practical strategies to manage them. At Aurora, we are committed to providing actionable insights to support oil and gas operators in the effective management of drilling costs. Read on for a comprehensive guide on …
An Overview of Aurora Well Optimisation System (AWOS): More Efficient Drilling Operations
With over 100 years of combined experience in drilling, we became all too familiar with the key issues impacting the industry. We were challenged by them daily. Then came the question: Are wells being drilled efficiently? We didn’t think the drilling process was as efficient as it could be. For instance, there was an opportunity to enhance drilling performance from …
Case Study – Delivering Improved Drilling Performance
Over the last 15 years, Aurora has worked with a multinational company to drive optimisation on their UK wells. We have helped deliver savings of over $25 million, thanks to our ‘blank canvas’ approach and the strategic introduction of our C3 durability and indexing software. The challenge: what did our client need? In today’s competitive environment, the oil and gas …
Bit cleanability – What is the significance of the Junk Slot Area?
What is the junk slot area (JSA)? The junk slot area is a measure of the total cross-sectional area from each junk slot if the drill bit were viewed face-on, expressed in square inches. It is a specialised area designed to clear away debris, also known as “cuttings”, from the bit face while drilling. In video one, Co-owner, Harrie Oort …
Drill Bit Design for Engineers
A drill bit accounts for a tiny proportion of the cost of your overall drilling operation but failing to use the right drill bit can add substantial costs to the overall project. So, drill bit design is critical to the success of your drilling operation. Our recent article, Drill Bit Design for Beginners, guides on the general importance of drill bit …
Bit Design for Beginners
Drill bits are like cars. You can look at the fanciest and fastest cars, say a Ferrari. However, if your Ferrari is fitted with inferior components, the performance you achieve will not be what you expected. Drill bits need to deliver every time to ensure that the power delivered by the drilling system is used to the best effect. They …
Addressing the Skills Gap in Oil & Gas
The oil and gas industry is facing a significant skills gap. There aren’t enough people with the required skill set to take on the work available effectively. The 2022 Energy Sector report by Brunel found that 43% of current energy workers globally want to leave the industry within the next five years. So, what’s causing this mass exit that has, …
5 Ways to Drive Drilling Optimisation Efficiency
In simple terms, drilling optimisation is the continuous effort to identify improvements in drilling practices and performance. These improvements don’t necessarily have to be drastic changes, small alterations to processes can have substantial impacts. Considering that a daily rig rate can cost hundreds of thousands of pounds, shaving a few hours in drilling time can save tens of thousands. That’s …
The History of Aurora: 16 years on
16 years… about time we took a step back to reflect on our journey so far. How it all began Let’s take it back to the start. It’s 2006 in Aberdeen, a strong period of growth for the oil and gas industry. We (Nick and Harrie) are working in small service companies but itching to take a risk and launch …
Doing What You’ve Always Done? Why Improvements Must Be Continuous
The role of continuous improvement in the Oil & Gas industry The Oil and Gas (O&G) industry faces a great deal of change, challenges, and new opportunities. From a growing focus on sustainability to fluctuating demand and a significant skills shortage, businesses have to adapt their business models to continue improving. Continuous improvement is essentially the ongoing focus on doing …