Drilling Performance Metrics Study

The Drilling Performance Metrics study by NSB Energy provides a synopsis of historical drilling performance in offshore Newfoundland and Labrador. The results of a drilling metrics study were released in August 2016.

The report provides a summary of well data and drilling metrics obtained for 112 of the 167 exploration wells that have been drilled offshore Newfoundland and Labrador since 1966.

Its footprint covers the most northerly points of offshore Labrador, to the waters comprising the southern extents of the province’s jurisdiction. This vast area has been divided into four separate regions: Labrador (with Labrador North and Labrador South sub-regions), Eastern Newfoundland, Jeanne d’Arc basin, and, South Newfoundland.

Through drilling performance indicators such as rate of penetration (ROP), water depth, total drilled depth, drilling fluid type, and amount of non-productive time (NPT), this study provides the ability to compare drilling metrics of individual wells in a particular region, but also compare the separate regions themselves.

This report also provides a review of the drilling rigs that have been used in offshore Newfoundland and Labrador, research on a number of drilling rigs currently available, and, an analysis of how each rig type could perform.

Our exploration strategy system (Insight) has been used to facilitate the use of this vast dataset.