Day 1 Mon, March 13, 2023 2023
DOI: 10.2118/213977-ms
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Operation Efficiency and Rig Performance Improvements through Data Analytics

Abstract: This paper is focus on the performance benefits when drilling data is streamed from rig sensors (high-frequency) and is integrated with daily drilling reports and well plans (low-frequency). The purpose is to systematically monitor and evaluate the performance of the entire rig fleet across the well construction process in the 20 land rigs drilling and completing oil and gas wells. The first step is to segregate each activity in the well construction process in main categories to allow the syste… Show more

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“…The approach also allows for the generation of the best composite times for future wells, extending technical limits and identifying cost-saving opportunities. The performance-based methodology and multi-rig analysis platform prove to be effective tools in enhancing rig performance and can be beneficial for other operators and service companies in the industry [13,14].…”
Section: Introductionmentioning
confidence: 99%
“…The approach also allows for the generation of the best composite times for future wells, extending technical limits and identifying cost-saving opportunities. The performance-based methodology and multi-rig analysis platform prove to be effective tools in enhancing rig performance and can be beneficial for other operators and service companies in the industry [13,14].…”
Section: Introductionmentioning
confidence: 99%