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Our understanding of drilling with better software, instrumentation, machines, computer vision, downhole tools, and robots will continue improving the economics of horizontal wells, and the trend is set to continue. This is good news for the geothermal market. -
Drilling has become a complex operation that requires a multitude of tasks to be managed at the same time. Not surprisingly, then, drilling automation will gain momentum in the near future to deliver consistent execution and performance safely and with good wellbore quality.
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With the arrival and development of rotary steerable systems in the late 1990s, the industry thought that drilling a perfectly smooth and controlled trajectory would not be an issue. Two decades later, we’re still talking about wellbore quality, especially with long and complex horizontal wells.
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If it has been proved in the past that innovative technology is excellent for bringing more-efficient solutions to reduce costs, will digital technology be the panacea for the whole industry?
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Advances made in horizontal and complex-trajectory wells demonstrate that, despite this historic downturn, the industry has kept innovating and optimizing to bring more-efficient solutions to the table.
