Shining a Light on Invisible Flat Time to Illuminate Offshore Cost Savings
June 25, 2021

Offshore operations spend more time waiting and much less time drilling than a land-based rig. In fact, a typical offshore well consists of 70-80% flat, or non-drilling time. Safety on the high seas and capital expenditures outlay as much as 20x that of most onshore drilling operations. This...
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