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AI and Advanced Drill Bits Transform Oil and Gas Exploration

2024-09-06 10:00

AI and Advanced Drill BitsDrill Bits Transform Oil and Gas Exploration


Oil and Gas Exploration: 

Through key technology research, a full-chain, digital, and intelligent technology route has been initially formed. An artificial intelligence application research platform has been built, realizing intelligent applications such as AI logging interpretation and sandstone thin section intelligent identification. Logging interpretation efficiency has increased by more than 90%; the accuracy of the sandstone thin section intelligent identification system can reach 90%, equivalent to an expert with 10 years of traditional visual identification experience, while the identification efficiency is 25 times that of manual identification.

 

Integration of Advanced Drill Bits :

To further enhance the efficiency of exploration activities,  SVES Oilfield Supply Co., Ltd 's  Drill Bits  have been integrated into the drilling operations. These high-performance drill bits are designed to improve penetration rates, reduce wear, and ensure higher precision in challenging formations. This integration complements the AI-driven advancements in logging interpretation and thin section identification, enabling a more seamless and efficient drilling process.

 

Oil and Gas Development: 

A “subsurface-wellbore-engineering” visualization research environment has been constructed, opening the “black box” of reservoirs, forming an integrated full lifecycle digital twin, achieving full professional digital delivery, and improving scientific research and decision-making efficiency by 30%. A full professional collaborative digital business flow for oil and gas development plan research has been built, achieving organic connection of multi-professional business activities and automatic data flow of results, significantly shortening the research cycle of oil and gas development plans by more than 10% compared to traditional manual transmission methods. An integrated collaborative research work environment for exploration and development has been built, promoting the digital and intelligent upgrade of oil and gas plan research, achieving multi-professional collaboration to reduce costs and increase efficiency, and supporting stable production in oil and gas fields.

 

Drilling and Completion: 

Offshore drilling “assisted driving” is fast and high-quality. The concept of intelligent driving is introduced, based on algorithms combining multimodal data and AI-mechanism models, realizing functions such as drilling speed optimization, downhole anomaly detection, and drilling parameter route navigation. The offshore “Sky Eye Project” is more efficient and safer. A comprehensive risk detection platform with new safety capabilities such as real-time perception, early warning, coordinated disposal, and system evaluation has been built, achieving key safety detection of “personnel, wellbore, and equipment” and transitioning from passive manual sampling to AI intelligent detection. The utilization of  SVES Oilfield Supply Co., Ltd 's  Drill Bits  in this advanced drilling system contributes to optimized drilling performance, reducing the likelihood of downhole issues and ensuring a smoother, more controlled drilling operation.

 

We emphasizes the role of  SVES Oilfield Supply Co., Ltd 's  Drill Bits  in enhancing the efficiency and precision of oil and gas exploration, development, and drilling processes, supporting the broader technological advancements.


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