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  Index > Media > Press Release > Polvo - Record Breaking First Oil

 

Polvo - Record Breaking Time to First Oil Offshore Brazil

 

Devon Energy's POLVO project takes it's name from the Portuguese word for "octopus." Long reach, highly deviated well bores extend like tentacles from a central fixed drilling platform to numerous reservoirs at varying depths throughout the field. POLVO also marks the first instance of an independent working directly with the Brazilian government to complete a project without the involvement of Petrobras, the state-owned oil company.

 

Here's how Steve Seat, Devon's project manager recalled the challenges and WJM's contribution:

 

"As the first offshore development in Brazil without Petrobras as a partner, Devon was essentially operating in "uncharted waters". We had to discover everything for ourselves with regard to regulations, importation, and the expectations and capabilities of local contractors. WJM was involved in the project from the beginning and played a major role in regulatory matters and importation, helping requirements become known, WJM repeatedly stepped up, adapted and delivered."

 

Another major risk to the project was the long lead-time required for construction of the new drilling platform and associated rigs called for by the reservoir development plan. WJM helped the project team "think outside the box" and look at the possibility of sourcing used hardware.  The option to buy and refurbish salvaged drilling rigs was not only faster, but also cheaper. In the end, the aggressive rig refurbishment program enabled the project to achieve fastest time to first oil in the region.

 

About William Jacob Management
Headquartered in Houston, Texas, William Jacob Management, Inc. is an independently owned full life cycle Design and Project Management service provider with experience in some of the world’s most demanding and complex capital projects in the energy industry. With a multinational workforce and over 375 collective years of executive experience, William Jacob Management offers comprehensive capabilities and world-class expertise in Design, Project Management, Procurement, Construction, Commissioning / Startup, Operations, Maintenance and Regulatory Compliance. William Jacob Management serves a global client base in the oil and gas industry with elite proficiency of interfacing drilling and production facilities.


ENSURING SUCCESS FOR HIGH-STAKES CAPITAL PROJECTS.
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Contact:        

Michael Duffy, President
Tel: 281.497.8617  |  michael.duffy@williamjacob.com