Core Insights - The company has achieved recognition for four wells as "quality wells" in November, bringing the total to 12 for the year [1] Group 1: Performance and Achievements - The Tarim branch of Shengli Petroleum Engineering Company has been actively engaged in a labor competition aimed at improving speed and quality, focusing on safety, technology, management, risk prevention, and benefit protection [1] - The company has established a three-tier responsibility system to enhance technical management and ensure quality in well construction [1] Group 2: Technical Innovations - In the construction of the YQ5-45DH well, the 70751 team optimized dual-branch horizontal well technology, achieving a drilling cycle that was 12.71 days ahead of the design, with a reduction rate of 20.17% [2] - For the side-drilling of the TH12343CH2 well, the 70588 team adjusted drilling fluid properties and reinforced blockage measures, resulting in a drilling cycle of 15.08 days, with a reduction rate of 11.3% [2] - The 70120 team utilized a "pre-bent tool combination + micro-expansion tool" in the TH122155H well, achieving a drilling cycle reduction rate of 8.03% [2] - The 70798 team implemented debris rock well technology in the S105-18X well, achieving a drilling cycle savings rate of 5.8% [2]

Core Insights - The SHBP5X well, drilled by Shengli Oil Engineering Company, achieved significant drilling efficiency, setting records for the highest mechanical drilling speed and the shortest drilling cycle in the Shunbei area [1] Group 1: Drilling Performance - The SHBP5X well was drilled to a depth of 7,373 meters with an average mechanical drilling speed of 12.83 meters per hour, completing the drilling in 15.54 days, which is 4.46 days shorter than the planned schedule, representing a 22.3% time savings [1] - The drilling operation faced challenges such as the abrasive nature of the quartz sandstone formations, but the project team utilized advanced drilling tools and real-time optimization techniques to enhance performance [1] Group 2: Technical Innovations - The project employed ultra-high torque rods and specially designed PDC bits, along with a monitoring platform for mechanical specific energy (MSE) and drilling parameters, to improve drilling efficiency [1] - The drilling team conducted sensitivity analyses on various parameters, including pipe friction and equivalent circulating density (ECD), to optimize drilling operations and manage risks effectively [1]