It also provides objective slide feedback, such as direction, length, toolface control, motor output and rotary tendencies, while steering operations are executed. Schlumberger’s abbl drilling operations advisor service leverages real-time downhole and surface data to recommend steering instructions to guide the bit along the well plan. “As the operator is becoming more sophisticated about completions and oil and gas extraction, they are starting to realize that, yes, it’s important to place the well quickly, but where the well is placed becomes critical, as well,” said Christopher Papouras, President of Nabors Drilling Solutions. Operators, pinched by budget cuts, are demanding improved accuracy and quality in well placement. No matter these market dynamics, however – or perhaps because of such market dynamics – directional drilling technologies appear to be evolving faster than ever. By year-end 2017, the market value of directional drilling services had risen to $9.6 billion, driven by increases in drilling activity and deepwater investments, as well as by longer lateral lengths in the US, Mr Lokam said. However, after three consecutive years of losses, the market appears to be reversing course. Most of these reductions were brought about by project cancellations in the low oil price environment, according to Rajashekar Lokam, Research Analyst at Mordor Intelligence. In terms of market value, directional drilling fell from $16.55 billion in 2014 to $10.95 billion in 2015, then shrank further in 2016 to just $6.71 billion. The global directional drilling services market has taken a big hit during this downturn. Techdrill’s recognised expertise in drilling best practices has positioned the company as a leading drilling advisor to operators and drilling service companies around the world, and a key training and engineering expertise provider.Service providers also advancing rotary steerable systems to drill more reliably in harsh environments, lower cost of operationsīy Eva Vigh, Editorial Coordinator After two consecutive years of falling market values, the directional drilling market appears to have started recovering in 2017.
Techdrill is consistently chosen by major oil and gas companies as their first technology choice for designing and optimising drilling plans. Techdrill clients are international oil majors, national oil companies, independent operators, service companies, drilling contractors, and directional drilling companies located in around 50 countries.
Ranger directional drilling software#
Our objective: remain a prominent leader renowned for a distinctive breed of drilling engineering software while increasing our market share in advisory and training services.We have the ambition to be the preferred vendor of neutral well construction software and services in support of integrated and efficient operations, focused on the wellbore domain.Our research and consulting teams work thoroughly in the pursuit of technical excellence and improvement.
Our independence and neutrality have allowed us to develop strong customer relationships in a spirit of alliance, whether with national oil companies, international majors or service companies.The conception of an All-In-One solution remains our competitive advantage.
0 kommentar(er)
