BP - Project 20K
William Jacob Management was selected to develop conceptual Design designs for a new breed of advanced technology in offshore drilling rigs that is essential in revealing cutting edge technologies in deepwater oil and gas resources.
William Jacob Management was invited by British Petroleum (BP) to develop conceptual Design designs for a new breed of advanced technology in offshore drilling rigs that is essential in revealing cutting edge technologies in deepwater oil and gas resources.
The contract is part of BP’s Project 20K, a multi-year initiative to develop next-generation systems and tools for deepwater exploration and production that are beyond the reach of today’s technology.
BP and William Jacob Management will collaborate with a team of professionals on concepts for deepwater drilling rigs that can operate in high-pressure and high-temperature reservoirs ranging up to 20,000 psi and 350°F. At present, resources are inaccessible with current equipment, which has a technical limit of 15,000 psi pressure and temperatures of 250°F.
BP announced the launch of Project 20KTM in 1Q 2012 to develop technologies over the next decade in four key areas: well design and completions; drilling rigs, riser and blowout prevention (BOP) equipment; subsea production systems; and well intervention and containment.
The multi-year partnership will focus on evaluating potential rig concepts applicable to BP’s deepwater portfolio. A jointly staffed Design team will be located in Houston, Texas, with back-office support from William Jacob Management. The team will perform the Design studies required to select the optimal design of the 20K drilling rigs, riser and BOP equipment. BP will then determine how best to proceed with construction.
| 
281.497.8617
