DONGYING, China, Aug. 22, 2014 /PRNewswire/ -- In the first half
of 2014, the Z103H well, a Colombian drilling project undertaken by
Kerui Petroleum Equipment Co., Ltd. (hereinafter referred to as
"Kerui"), was completed smoothly. This well's drilling period,
completion period and construction period are 12.35 days, 22 days
and 28.75 days respectively. Having been reduced to 2.5 hours, the
Non-Productive Time (NPT) was favorably commented by Party A.
Since 2010 when Kerui started to provide the drilling and
construction service for Party A in southern Colombia, this project has encountered many
problems, such as difficult production organization, long distance
and period of logistics, complexity of local community relations
and employment environment, etc. Since the beginning of 2014, Kerui
has taken a series of improvement measures, like further enhancing
project plan management, strengthening process control, formulating
the production and operation plan, the operators shift and
incentive plan and the procurement plan in details, controlling the
progress and key points, etc., in order to effectively improve
production organization and project operation and to resolve
relevant problems.
In the daywork drilling service launched at the end of 2013, the
NPT indicator has met the requirement proposed by Party A, i.e., no
more than 12 hours, and is increasingly optimized. Based on the
previous well's NPT, i.e., 5.5 hours, the Z103H well's NPT has been
reduced to 2.5 hours, thus getting the recognition of Party A.