Data-driven methods and systems for improving oil and gas drilling and completion processes

A computer system helps improve oil and gas drilling by collecting real-time data from sensors on drilling equipment and integrating it with historical performance. It analyzes this combined information to identify inefficiencies in the drilling process. The system then suggests or automatically performs remediation steps, such as adjusting the operation of specific wells or their components, to resolve the identified problems.

Why it matters: Filed before the widespread adoption of advanced AI/ML for industrial analytics. The capability to integrate and mine vast sensor and historical data for real-time performance indicators and automated remediation has significantly matured since 2019.

Status: Not in forceListed as no longer active. The specific reason is not in the record we hold.
How hard to build: SpecializedSoftware logic, data integration, algorithms

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