Managing drilling costs by improving rig capabilities
Drilling rigs account for 30 to 35% of project costs. Improving rig capabilities can substantially reduce risks and project costs. The more specialized the rig, the more difficult they are to find and the more lead time that is required. Our project managers know that and will determine the availability of required rigs.
Halliburton Project Management has extensive relationships and experience with rig contractors and can help you get the most appropriate rig type for your drilling project. We can source tangible equipment for projects (tubulars and wellheads) and link with your current supply chain to ensure you maintain maximum leverage with your supply base, or we can source independently based upon your preference.
With our large network of suppliers, Halliburton can also negotiate rig pricing and determine deliverability factors such as the coordination of timelines and mobilization and /demobilization costs.
Halliburton and Trinidad Drilling formed a joint venture to deliver top-tier rigs that will deliver wells faster and enhance crew safety. Trinidad’s advanced manufacturing facilities and high-performance drilling services combined with Halliburton’s leading-edge technology and project management capabilities will provide a new level of integration and performance rarely seen on land rigs.
Halliburton Project Management has the support of Halliburton’s Logistics Department for rig moves required for integrated project management projects globally, from the initial move into country through infield moves and demobilization.
In addition, Halliburton can perform rig inspections through third-party inspections vendors.