Sharjah:Sharjah National Oil Corporation (SNOC) has awarded SLB an expanded framework agreement for Underbalanced Coiled Tubing Drilling (UBCTD) at the Moveyeid gas field. The new campaign is set to begin in 2027 and is approximately twice the size of the initial project.

According to Wam, the campaign will encompass new development phases at the Moveyeid gas storage field and the newly developed Hedebah gas field, enhancing the resilience of Sharjah's gas supply. The agreement was formalized by Khamis Al Mazrouei, CEO of SNOC, and Dany Rahal, UAE Managing Director at SLB.

The award follows SNOC's first integrated UBCTD campaign at Moveyeid in 2024, which surpassed drilling and production targets while delivering higher well productivity, improved operational efficiency, and reduced costs. Al Mazrouei noted that the first campaign highlighted the benefits of integrating advanced technology, operational expertise, and collaboration.

Rahal emphasized that the expanded scope would allow SLB to apply its drilling technologies and expertise across gas storage and field development, thereby improving reservoir access and well performance. Underbalanced coiled tubing drilling maintains wellbore pressure below reservoir pressure during drilling, minimizing formation damage and enabling the drilling of multilateral well sections into high-quality reservoir rock.

Additionally, at Moveyeid, the technology enhances the rate of gas injection and withdrawal from storage, while at Hedebah, it supports increased gas-well productivity. Under the agreement, SLB will provide integrated project management and execute coiled tubing drilling services.

The expanded partnership signifies SNOC's ongoing investment in advanced technologies and strategic partnerships to optimize Sharjah's natural gas resources.