Coiled tubing drilling A look at industry interest

CT drilling acceptance in Canada - Thousands of wells drilled annually (allowing continuous drilling, not one and off). -Relatively soft, predictable sediments (infrequent sticking). -Rigs designed precisely to fit 3,000 ft wells, experienced crews. -Small to no footprint, wells close together reducing transit time. -Fast move in and rig up time ? 2 to 3 hours, fast penetration rates. -All weather operations.