Typically, operators rely on a mix of manual analysis and multiple software tools to determine the effectiveness, efficiency and accuracy of drilling. These methods are susceptible to human error, expensive and time consuming. They can lead to damaged drill bits, poor drilling accuracy and reduced productivity.
This IoT-enabled advanced drilling analytics solution uses well-field data to improve drilling performance and optimise speed to production, cutting well-drilling time by up to 50%. It uses IoT-enabled advanced analytics on data collected from sensors deployed across well fields. It collects data on everything from rates of penetration to RPM on the drill floor. This real-time data is then visualised on a single dashboard and the system compares data from the sensors to adjust the weight on bit and its speed. This enables it to accelerate drilling and optimise the timeline to production. This solution cuts maintenance and overall costs, saves drilling time and ultimately improves production.