Lost Circulation & Loss Prevention
It is conservatively estimated that lost circulation costs the drilling industry well over $1 Billion every year. Every well drilled should have a specific focus on potential loss zones from the well and casing design stage through to the detailed mud programme. The application of loss prevention materials in the right concentrations at the right time can save very significant sums and prevent severe AFE overruns. When lost circulation does occur, having the right size and type of product available on the rig site for immediate mixing can also save considerable time and money. Best practice requires a decision tree analysis based on identifying the potential loss zones and planning how to prevent losses or, at worst, treat each type of formation and loss severity. OSS has a complete range of loss prevention materials as well as lost circulation products and acid-soluble reservoir loss materials. Prior planning prevents poor performance. Contact OSS for technical support in determining loss mitigation measures.