Drilling: Digital transformation approach to Holistic Drilling Optimization

Operators continue to look for solutions that optimize and lower cost and risk, yet provide proven, accurate results. Advancements in digitalization have augmented the ultimate goal of real-time, holistic drilling optimization utilizing all available elements in the drilling environment. The unique solution provides formation characterization through artificial intelligence software that computes the real-time Unconfined Compressive Strength (RT-UCS) of the rock while drilling using Gamma Ray (GR) and sonic logs derived from drilling dynamics via Synthetic Logging While Drilling (SLWD). This solution delivers the same accuracy as conventional logging tools, while reducing the cost and risk of obtaining open hole logs. SLWD evaluates the sonic values at the GR and bit face, which is more indicative of the formation and the necessary force required to destruct the rock. 

The artificial intelligence solution aims to complement and enhance proven optimization methods and deliver accurate results.

Location: PETROLEUM CLUB (NEW LOCATION), 35th Floor, TOTAL Building
1201 LOUISIANA STREET, 35th Floor
Houston , Texas 77002

Date: Oct. 19, 2017, 11:30 a.m. - Oct. 19, 2017, 1:30 p.m.