Target Drilling inc.

Marcellus

 

 

 

 

 

 

 

 

 

 

 

 

As a southwest Pennsylvania contractor that provides drilling and directional drilling services, TDI has endeavored, and continues to endeavor into the drilling of the Marcellus Shale. TDI initiated this effort in part based on its success in drilling surface CBM horizontal wells the last few years and its capability of designing and fabricating several of its rigs including its “fit-for-purpose,” 480 rig. The 480 rig is a double mast 1,100 Hp rig with 480,000 pounds hook load and 100,000 pound pull down force capable of stacking about 12,000 feet of 4 ½ inch drill pipe with a relatively small footprint. Although TDI’s 480 rig, or TDI, is not a name brand rig manufacturer (yet), TDI has successfully drilled two vertical and one horizontal Marcellus Shale wells with experienced oil field drilling staff operating the rig and equipment. As TDI expands into drilling the Marcellus Shale, it will continue to utilize its 480 rig, while considering fabrication of additional 480 rigs compared to the purchase of a more conventional name brand double or triple rig(s). TDI also provides in-house directional drilling services for the Marcellus Shale and other plays, including, but not limited to, EM MWD or positive Mud Pulse MWD services with or without LWD, downhole motors, 3D well planning using Performance Drilling Technologies’ Hawkeye 3D, etc. TDI also has its own rigging and hauling capability to do its own hauling of permitted and non-permitted loads. Lastly, considering the small footprint of the 480 rig used in conjunction with a closed loop mud system for water based or synthetic oil based drilling mud, well sites using the 480 rig can be built smaller, or at least without reserve drilling pits, reducing the environmental impact both during construction and after the well(s) have been completed. See the 480 rig inventory below.

 

TDI is looking for Marcellus Shale operators interested in forming strategic Partnerships whereby TDI will share the risk and benefit of drilling Marcellus Shale wells in a fixed number of days. If the horizontal well is drilled in less than the agreed to days, TDI will receive a bonus. Conversely, if drilling the well exceeds the agreed to number of days, TDI will reduce its rig day rate after the agreed to number of days has been exceeded to complete the well. Furthermore, as a Pennsylvania drilling company, TDI is interested in developing long-term relationships with Marcellus Shale operators with the potential of earning a carried working interest. As a key stipulation in these partnerships, TDI will establish a mutually agreeable not-to-exceed cost to drill each well, less consumables, so that the Marcellus Shale operator has control over its AFE well drilling costs. Please contact Steve Kravits if this is a strategy you as a Marcellus Shale operator desire to discuss in detail applied to your future wells.

 

Click........ Here to See A Power Point slide show of our newest rig

 

 

Download Files:

	TDI 480 Inventory Sheet	TDI 480 General Sheet