Movable Wellbay

The Frontier Production System (FrPS)
Using the Patented Movable Wellbay

Creating viability for the ultra-deepwater in a decade of low oil prices

Why FrPS – the drivers!

 • Much less risky and less expensive phased approach (sanction smaller, and much less costly phases)  –  Significantly reduced appraisal program, potentially reducing the number of appraisal wells by 50%

 • Eliminating subsea wells reduces field development CAPEX/OPEX

 • Delivered in 3 years or less

 • Eliminates need for expensive long-term drillship contract

 • Provides early access to / understanding of dynamic reservoir performance

 • Increases completion access and reserve recovery with direct vertical access

 • Safer direct surface access to and hydraulic control of well equipment

 • Permanently moored with fully rated dual barrier risers

 • Eliminates the Macondo scenario

 • Buoyed riser system provides same apparent weight to rig tensioners in 5,000’ or 10,000’ water depth