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- managed; pressure; ECD; drilling
The economics of drilling offshore wells is important as we drill more wells in deeper water. Drilling-related problems, including stuck pipe, lost circulation, and excessive mud cost, show the need for better drilling technology. If we can solve these problems, the economics of drilling the wells will improve, thus enabling the industry to drill wells that were previously uneconomical. Managed pressure drilling (MPD) is a new technology that enables a driller to more precisely control annular pressures in the wellbore to prevent these drillingrelated problems. This paper traces the history of MPD, showing how different techniques can reduce drilling problems. MPD improves the economics of drilling wells by reducing drilling problems. Further economic studies are necessary to determine exactly how much cost savings MPD can provide in certain situation. Furter research is also necessary on the various MPD techniques to increase their effectiveness.