Drilling rig digital unification - Event Cancelled due to Novel Coronavirus precautionary measures
Over decades, drillers have delivered higher-quality wellbores, improved ROP and reduced NPT, yet it takes less time to drill a well today, which puts the current dayrate business model at a disadvantage. Today’s drillers are drilling 400% more than in 1980, and almost 4 decades later, we are still charging by the day. Have commercial models kept up? And How could integrated projects bridge that gap? The big prize of a fully integrated drilling rig is digital unification. This interconnected structure allows for well delivery optimization and performance consistency, making the drilling contractor the essential driver of the well placement process.
PETROLEUM CLUB, 35th Floor, TOTAL Plaza Building
1201 LOUISIANA STREET
Houston , Texas 77002