ALL >> Business >> View Article
Real-time Drill-bit Monitoring Promises Major Cost Savings

Locating the position of the drill-bit in real time is a new technique from Guideline Oil Drilling Technology. The company aims to complete development of a land-based system this year, before adapting the system for offshore use.
Guideline’s technology employs seismic waves created by movement of the drill-bit to calculate its position. The system could be of major significance during directional drilling, when it is important to have accurate information on the location of the drill-bit, says CEO Peter Hjorth. Currently there is no method for doing this in real time, and often the process involves the time-consuming running of hardware down the well.
The company’s first target this year is to complete adaptation of the technology for mining and tunneling, followed by the oil and gas onshore application, in this case collaborating with a leading oil field services company.
The method involves monitoring the seismic waves generated by the drill-bit using an array of sensors placed on the ground. The distribution and number of sensors is governed by the well’s drill path, whether vertical or horizontal, ...
... and by the depth and length of the borehole.
Seismic data is delivered to a central collection point, and the x, y and z coordinates for the drill-bit are calculated within a few seconds using an algorithm. The background for this method comes from geological and seismological experience in Sweden, Hjorth says. Key elements such as the method of positioning the drill-bit in real time have already been patented and approved in Sweden and the US, and approvals are pending elsewhere in Europe, Canada and Japan.
Guideline believes that accuracy equivalent to current non-real time measurement methods is attainable. The results of the system are verified using established positioning methods.
Development of the algorithm is at the heart of the system. But the collection of the seismic data also presents challenges.
Compared with the percussion drilling used in the mining industry, the rotating bit employed in oil and gas drilling creates a weaker signal. This weakness is accentuated when drilling enters softer formations. Part of the development effort has therefore focused on identifying the best kind of sensor to use and the means of amplifying the signal.
Traveling speed of the seismic waves also varies according to the nature of the formation. Early readings are therefore taken when the drill-bit enters a new formation as a basis for calculating the pace at which the drill-bit passes through this formation.
Directional drilling, which has grown rapidly in recent years, offers an attractive market for this technology. This year some 20,000 directional wells are forecast to be drilled, generating a global spend of $5 billion on directional drilling services alone. The benefits of the technique are clear for land-based directional drilling, Hjorth claims. By conducting all measurements from ground level, drilling could be done faster, leading to significant cost savings, as no equipment needs to be run downhole.
Add Comment
Business Articles
1. Repair And Maintenance Guide For Garden FencingAuthor: Vikram kumar
2. Lucintel Forecasts The Global Palatant Market To Grow With A Cagr Of 5% From 2024 To 2030
Author: Lucintel LLC
3. Choosing The Right Gas Regulator In Florida: A Complete Guide
Author: Technico
4. Why Deer Park Learners Trust Local Driving Instructors
Author: Aintree Driving School
5. How To Properly Install And Uninstall Your Air Conditioner System With A Low Budget
Author: Neha Jain
6. What Is The Role Of Pdca In Iso 50001?
Author: William Charles
7. Step-by-step Instructions On How To Generate Inventory Reports Quickbooks?
Author: Jack Edwards
8. How To Track Employee Work Hours Efficiently With Trackhr
Author: TrackHr App
9. From Grounded To Global: 4 Ceos Rewiring India’s Aviation Sky
Author: Skyone
10. The Role Of Automation In Modern Cloud Migration Methodology
Author: Netscribes
11. Master Photo Retouching | Steps To Become A Photo Editing Expert
Author: ukclippingpath
12. Great Dependability And Performance Are The Reasons For Extensive Use Of Hydro Pneumatic Press
Author: David Camp
13. Best Lasik Eye Surgery For A Spectacle-free Life
Author: Anil Eye Hospital
14. Industrial Oven Manufacturers In Coimbatore
Author: Heatcon Sensors
15. Plumbing In North Salt Lake: Your Guide To Reliable Services
Author: Brown Jones