AN OFFSHOOT OF Tesco Corporation's Casing Drilling~(TM) operations with ConocoPhillips in the South Texas Lobo field may have applications offshore with many of the same benefits. The operator drilled about 700 wells in the field before well costs rose too high in relation to the size of the reservoirs discovered. Casing Drilling operations were then introduced, resulting in reduced well costs primarily due to fewer wellbore problems. The operator is working with Baker Hughes Incorporated, Tesco Corporation and the Department of Energy to bring the technology offshore, which is expected to result in both reduced cost and improved certainty regarding the cost of the well.
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