123ArticleOnline Logo
Welcome to 123ArticleOnline.com!
ALL >> Business >> View Article

Real-time Drill-bit Monitoring Promises Major Cost Savings

Profile Picture
By Author: Unknown Member
Total Articles: 41
Comment this article
Facebook ShareTwitter ShareGoogle+ ShareTwitter Share

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.

Total Views: 410Word Count: 474See All articles From Author

Add Comment

Business Articles

1. Top Bearing Company Delivering Reliable Performance For Trucks And Industrial Applications
Author: Bee Overseas

2. Choosing The Right Garden Fencing And Driveway Gates For Your Uk Home
Author: Vikram Kumar

3. The Castle Has No Walls: Why Enterprise Security Must Move Beyond The Perimeter
Author: Robert

4. How Koel Colours Is Shaping The Future Of Cosmetic Pigments In 2026
Author: koel

5. Loyalty Platform Guide: Features, Top Providers & How To Choose The Right One
Author: Ravi Kuamr

6. Vashikaran Astrologer In India | Ram Ratan Shastri Ji
Author: Ram Ratan Shastri Ji.

7. Kitchen Cabinets Marble – A Perfect Blend Of Style And Functionality
Author: mike

8. Why Pharma Brands Need Effective Visual Merchandising In Retail Pharmacies | Brandola
Author: Brandola

9. The Automation Standard: Achieving Zero Tolerance With An Automatic Fly Ash Brick Making Machine
Author: Karmyog India

10. Italian Marble Table – A Symbol Of Luxury And Timeless Elegance
Author: mike

11. The Real Impact Of Back Pain Therapy In Worcestershire
Author: Energize Therapy

12. The Benefits That A Digital Business Card Promises
Author: Angus Carruthers

13. What Factors Contribute Towards The Success Of A Virtual Receptionist?
Author: Eliza Garran

14. Lucintel Forecasts The Global Gate Driver Ic Market To Reach $2,905 Million By 2035
Author: Lucintel LLC

15. Lucintel Forecasts The Global Exosome Research Market To Reach $1,125 Million By 2035
Author: Lucintel LLC

Login To Account
Login Email:
Password:
Forgot Password?
New User?
Sign Up Newsletter
Email Address: