With extraction out of depleted wells more important than ever, this new and developing technology is literally changing drilling engineering for future generations. Never before published in book form, these cutting-edge technologies and the processes that surround them are explained in easy-tounderstand language, complete with worked examples, problems and solutions. This volume is invaluable as a textbook for both the engineering student and the veteran engineer who needs to keep up with changing technology.

The present crude oil and natural gas reservoirs around the world have depleted conventional production levels. To continue enhancing productivity for the remaining mature reservoirs, drilling decision-makers could no longer rely on traditional balanced or overbalanced methods of drilling. Derived from conventional air drilling, underbalanced drilling is increasingly necessary to meet today's energy and drilling needs. While more costly and extreme, underbalanced drilling can minimize pressure within the formation, increase drilling rate of penetration, reduce formation damage and lost...