This paper describes a step change by well completion group in adopting Single Trip Liner Open Hole Completion (STRIP-LOC) technology, basis of selection, design, and operation approach. This has contributed to the reduction in initial well cost estimates thus benefited overall project cost. The technology adoption signifies the importance for continuous design improvement, operational optimization, and capital expenditure reduction, while not compromising with technical and HSE standards.
This paper will discuss the case study of two (2) projects in Malaysia that were stretched-to-limit and optimized ‘on-paper’ all the wells’ related engineering design and construction, operation activities pre and during drilling campaign as well as logistic arrangement, which led to significant cost reduction in wells and thus improving the overall project economics. This significant savings achieved with full compliance to technical standards as well as with the betterment to improve HSE during offshore execution.
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