drilling rigs

Driller expects $370 million, all-stock transaction to close in early 2025.

This paper describes a new application that leverages advanced machine-learning techniques in conjunction with metocean forecasts to predict vessel motions and thruster loads.

Over the past 75 years, drillers have gone from the Stone Age to the Space Age when it comes to technological improvements in well construction methods. Yesterday’s crude wood and iron drilling techniques have given way to today’s video game-inspired controls and robotic assistance—much of which migrated from offshore applications. These advancements have driven costs…

Since the late 1930s, the offshore industry has advanced from the first platform in 14 ft of water to the ultradeepwater 20K era. Driven by seismic, drilling, and development breakthroughs, the industry has pushed into deeper waters, high-pressure reservoirs, and new frontiers like Guyana, continually expanding the limits of offshore exploration.

The operator will utilize drillship Deepwater Invictus for both development and exploration drilling under a 3-year pact.

The acquisition marks a significant step forward in H&P’s international expansion strategy.

A universal, automated approach to condition-based maintenance of drilling rig mud pumps is developed using acoustic emission sensors and deep learning models for early detection of pump failures to help mitigate and reduce costs and nonproductive time generally associated with catastrophic pump failures.

Enhancement to the drillship comes ahead of work commitment on Shell's Sparta development in the US Gulf of Mexico, its first in the Gulf to produce from 20K reservoirs.

The authors of this paper present the results of implementing a rig-automation solution applied to 20 wells in Ecuador in 2022.

The software that the duo is working on aims to optimize and automate the moving of drilling rigs.