Horizontal and Complex-Trajectory Wells

Stéphane Menand, SPE, President, DrillScan US

With the long-term price of a barrel of oil projected to hover around $50, all actors in the oil and gas industry have been forced to change or adapt their processes to try to reduce costs and sustain profitability. Accompanying the downturn, the oil and gas industry has entered a new era of digitalization, introducing new buzzwords to our industry such as artificial intelligence, digital twin, machine learning, neural network, industrial Internet of Things, and cloud computing, just to name a few. The industry has already begun its transition, going from more-­traditional mechanized systems in the hands of humans to more-computer-controlled drilling systems that will eventually lead to full drilling automation…

Read more on JPT – Journal of Petroleum Technology