CRA-Tubulars

CRA-Tubulars is a newly established Company backed by many years of excellence and innovation. The Company operates in the oil and gas space and seeks to help oil companies to solve the issue of well-integrity, associated cost and subsequent loss of oil production. The Company is in the final stage of designing a Carbon Fiber Spoolable Tubing (or ‘CFST’) that aims to disrupt the deployment of metallic tubulars in upstream oil and gas.

CFST is the first non-metallic alternative specifically tailored to the drilling industry that is dominated by tubulars based on metallic variants. The product development is expected to yield several patents on the design, material usage, production process, and material chemistry. Patent research has shown that there are currently no patents that prevent the Company from entering the market.

CRA-Tubulars is an initiative by Emile Burnaby Lautier and cooperates with Voith Composites Se & Co. KG.
Voith sets standards in the markets for energy, oil & gas, paper, raw materials, transport & automotive. Mr. Lautier is a recognized authority on non-metallic tubulars.

The CRA-Tubulars Product

The metallic tubing products that are common today often fall short on corrosion resistance. This compromises well integrity and causes significant losses to the well owner. It is widely accepted that non-metallic materials outperform metals in terms of corrosion, but existing non-metallics are often not robust enough to be used safely in an oil or gas well. Particularly downhole, temperatures are often too high for non-metallic materials.  CRA-Tubulars are designed and able to withstand much higher temperatures than currently available non-metallic tubings, which enables the Company to make tubing that will suit the design criteria of more than 80 % of all wells worldwide.

Main parts of the carbon fiber spoolable tube:
  • A carbon fiber composite layer (black)
  • A thermoplastic liner (beige)
Further equipped with:
  • A protected fiber optic sensor for online measurement and data logging (red)
  • An internal hydraulic line replacing external lines (grey)

Market Volume

Worldwide 760,000 wells are affected by integrity issues.  Around 9 % are permanently shut-in and 10% are temporarily shut-in. Worldwide there are approximately 2,000 active drill rigs, considering that an average rig will drill a new well every 6-8 weeks, this breaks down into 14,000 newly drilled wells per annum. With 760,000 affected by corrosion and an average well depth of 9,000 ft, the total market consists of 6 million feet of pipe. One CRA-Tubulars production facility can produce approx. 800,000 ft per year generating an annual turnover of 90 MM USD. One facility equates to a cure for 0.025% of the corrosion affected wells.

Mission

CRA-Tubulars aims to be a leading provider of downhole tubing to the energy sector that will reduce exploration costs as well as reduce the loss of hydrocarbon production, through the innovation of high temperature non-metallic downhole tubulars and related services.

Goals

  • To be entrusted with the most critical information about in well-integrity by our customers
  • To be the prime candidate that oil companies will ask to solve their most expensive upstream challenges
  • To be an example in Corporate Social Responsibility in the energy sector

Vision

The development of advanced non-metallic wellbore solutions requires long term commitment from a team that is trusted by its customers and suppliers. Through long term and personal relationships with customers, technology partners, and suppliers, CRA-Tubulars will build the level of trust that is needed for the free flow of information between the stakeholders in our business.

Pricing CFST Compared with Carbon Steel and Alloys

The sales price of a tubular will depend on the field location, the complexity of the well, well depth and other parameters.

The Company will position itself in pricing between Chrome 13 and Chrome 25, while in most applications the product will compete easily with much more expensive nickel alloys like Inconel. Besides initial installation price, the technical service life is of importance. Due to corrosion, metal has a limited service life and only the most expensive alloys can compete with CFSTs impressive service life. While carbon steel and Chrome steel pipes need to be replaced much earlier, resulting in additional installation costs, CFST does not need to be replaced due to the lack of corrosion. Additional advantages are a reduction in operating risk and more freedom to change production processes during the life of a field. With an upfront investment in CFST (compared to cheaper carbon steel) a well will vastly outperform traditional installations with much higher ROI over the service life of a well.