Performance Drilling

October 13th 2016

 Drilling Connections
VAM®Express™

LOWER TCO
 Performance
 Ultra-high torque
 Improved fatigue life
 Operational Efficiency
 Does not require stabbing guides
 Less turns to make up
 Reduce trip times
 Low Repair & Maintenance
 Less stabbing damage
 Lower repair rate
 Get longer service life

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 VAM®Express
Operational Performances

Pressure Loss
(psi/1,000ft)
800
NC38
700 VAM Express VX39

600

500

400

300

200

100

0
175 200 225 250 275 300 325 350 375 400
Flow rate (gpm)

High Torque Performance Slim tool joints

Up to twice of API ratings ID’s up to 30% bigger than API

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 VAM® Express™
Operational Efficiency

Designed for the rig floor

 Does not require stabbing VX Stab Other Stab

guides (except for MPD/UBD)
 Deep stabbing
 Handles up to 5°misalignment
 Simplified design yet
lightening fast make up
 Close gauging for full torque
in 20°
 VAM® Express™
Operational Efficiency

Design “Other” VAM®Express™ Performances

Thread root
radious
0.042” 0.065” Higher fatigue resistance

Thread stabbing
30o 40° Easier stabbing
flank
1° reverse angle
Thread crest flat crest
Reduce risk of crest lock

1° reverse angle crest

VAM®Express™ thread

30°loading flank

API thread
Elliptical
root radius 40° stabbing flank
 VAM® Express™
Operational Efficiency

Design “Other” VAM®Express™ Eficiencia

Thread root
radious
0.042” 0.065” Higher fatigue resistance

Thread stabbing
30o 40° Easier stabbing
flank
1° reverse angle
Thread crest flat crest
Reduce risk of crest lock
VAM®Express™

Other
 VAM® Express™
7

Operational Efficiency
Enchufe y riesgo de daño de la nariz del pin

Designed for the field

Design “Other” VAM®Express™ Performances

Thread taper 3/4 in/ft 1-1/8" in/ft Deeper stabing

Stabbing flank 30° 40° Easier stabbing

Shallow chamfer Reduced risk of stabbing damage on

Pin nose Standard
4°taper pin internal shoulder
 VAM® Express™
8

Operational Efficiency

Design “Other” VAM®Express™ Performances

Thread pitch 3-1/2 TPI 3-1/2 TPI Equivalent
Thread taper ¾ in/ft 1-1/8 in/ft Easier stabbing and faster make-up

Thread depth 0.140” 0.105” Deeper stabbing and faster make-up

VX Stab Other Stab

 VAM® Express™
Operational Efficiency

Design Other VAM®Express™ Performances

Turns from stab to Average 7 seconds time savings
11 to 13 6
make up every connection

VX Make-up Other Make-up

 VAM®Express™
Operational Efficiency

Average cost savings per well

$58,462
Typical offshore well on a floater cost
breakdown
1 sec. = $5

Average savings of 7 seconds for each makeup:

11,692 seconds average time savings
3.25 hours
Less than half the turns to make-up: 6 turns
compared to 11-13 turns
1670
connections
Assuming planned trips for a typical 20,000 ft. well below mudline
Assuming water depth of 3,000 feet
 VAM®Express™
Operational Efficiency

Casing Shoe MD (ft) TD (ft) #Connections

30" shoe 730 3,730 41
$58,462 20" shoe 1,900 4,900 54
13 3/8" shoe 6,400 9,400 104
9 7/8" shoe 14,000 17,000 189
1 sec. = $5 8 1/2" hole 16,000 19,000 211
6" hole 20,000 23,000 256
Total no. of connections for drilling trips 856
3.25 hours Total no. of connections for cement trips 814
Total no. of planned connections per well 1,670
1670 Total Time Savings per well, hrs. 3.25
connections Total Dollar Savings per well, $ 58,462
Assuming planned trips for a typical 20,000 ft. well below mudline
Assuming water depth of 3,000 feet
 VAM® Express™
Low Repair & Maintenance

Recut Connection Recut length Available Recuts(2)

VAM® Express™ 1” 7.5
Chase & Face (1)
Other 1,5” 5
VAM® Express™ 2,24” 3
Reblank & Recut (2)
Other 4” 2

VAM® Express™

Other

Chase & Face Reblank & Recut

(1) Recut length for minor damage

(2) Typical recut length
(3) Calculations performed based on a 15” tong space
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