US Department of Energy Advises on the Need of Expert (Case-Based) Systems

The Ultra-Deepwater Advisory Committee (UDAC), an advisory committee to the Secretary of Energy, recently submitted its findings and recommendations for the 2012 annual plan. In the report, the UDAC emphasizes the need to better address areas of risk analysis, technology application and safety of offshore operations.  Continue reading »

United States Patent and Trademark Office Recognizes Verdande Technology’s Case-Based Reasoning Methodology to Drilling

Verdande Technology is awarded a US patent for the case-based reasoning approach to match a current drilling situation as defined by the situation description with one or more stored past cases having a degree of similarity above a predetermined threshold level. Matchining cases are displayed to the drilling engineer as symbols on a case “radar,” allowing the drilling engineer to retrieve and view the details of a past case and take appropriate action based on drilling advice provided within the past case. Continue reading »

Drilling and the digital oilfield

How much can you optimise drilling and wells efficiency by making your corporate information work harder?

Our free conference in Aberdeen on May 8th looks at ways to improve efficiency, reduce non productive time and improve safety, by doing more with the existing information – making it more available, easier to manage and processing it in new ways.

Odd Erik Gundersen – Development Director – Verdande Tehcnology will be speaking on Identifying critical past experience with current operations.

Tuesday, May 08, 2012
Aberdeen
Aberdeen Marriott Hotel

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Photo provided by: http://www.findingpetroleum.com/event/Drilling_and_the_digital_oilfield/1f5e1.aspx

AI and IAM: Will Two-Tier Analytics Become the Norm for IAM?

Will Cappell, Gartner Research VP, recently published an article referencing Verdande Technology’s unique software platform that can predict future events in advance by “discovering casual patterns in existing data sets.” Read the full article>>

Baker Hughes Introduces New Service to Detect, Diagnose Drilling Challenges Before They Occur

Baker Hughes has introduced its WellLink™ Radar Remote Drilling Advisory service, designed to detect and diagnose drilling challenges before they occur. The integrated solution leverages Verdande Energy’s DrillEdge cased-based reasoning software to reduce uncertainty, minimize nonproductive time (NPT), increase safety, and enhance drilling efficiency.  Multiple wells can be remotely monitored simultaneously, reducing HSE risk by limiting personnel on the rig.

Visit Us at the Upcoming IADC/SPE Drilling Conference from March 6 – 8 in San Diego, CA

Join us in booth 435 at the 2012 IADC/SPE Drilling Conference from March 6 – 8 in San Diego, CA.  Baker Hughes will be showcasing its new WellLink Radar™ Remote Drilling Advisory Service which leverages our DrillEdge™ case-based reasoning software, WellLink Radar Remote Drilling Advisory Services delivers 24/7 real-time surveillance, interpretation, and expert advice within a collaborative environment for enabling enhanced decision-making to increase safety, optimize drilling and reduce drilling NPT by minimizing the probability of a loss-of-well incident.

We will be hosting a presentation on this ground-breaking service at 10:15 am Tuesday – Thursday in the Verdande Technology booth.

Verdande Technology Releases DrillEdge™ 3.0 Software

Verdande Technology announced today the release of version 3.0 of DrillEdge™ software. The new release continues to strengthen DrillEdge technology with superior features that increase scalability to multiple operations, strengthen case capturing routines to improve system response, and enhanced features to improve the user experience.

Clients are demonstrating an increased desire to simultaneously monitor multiple wells.  To streamline operation startup and increase scalability, improvements have been made in DrillEdge 3.0 software to simplify inputting non-standardized WITSML parameters. Continue reading »

Addressing the Knowledge Gap

I recently read an article in the December issue of World Oil Magazine by John T. Gremp, President and CEO of FMC Technologies, discussing the current shortage of talent within the industry and the long-lasting effects it will have. “The big crew change” is still happening with the average age of industry workers around 50. In addition, there is a shortage of mid-career employees to move into the roles of the older generation. “Our younger generation has had to take on greater responsibilities and more senior roles than would have been typical in an ideal workforce,” says Gremp. Gremp does present a long-term solution; that our industry should continue to engage in trade associations that are actively working on getting younger generations involved from an early stage. As I do agree with Mr. Gremp’s solution, I have to ask, what we are doing NOW to combat this problem? Continue reading »

Taking a Tip from Other Industries in Utilizing Professional Coaches

I found an interesting article in The New Yorker about a leading surgeon who considers why it is that most professions do not use  ’coaches’ after some level of expertise is reached.  It is a common practice in the most intensely competitive area of human work, such as top level sports or top level performing artists. The author, surgeon Atul Gawande, decided to hire a coach for himself in his professional surgical duties and noticed improvements in the operating room.

In our industry, we have both peer and performance reviews, but we do not routinely have coaches. The DrillEdge software is a way to partially solve this problem. The software can be viewed as an ‘automatic coach’ that  brings the new hire or experienced, but overworked engineer the right advice at the right time.

Photo provided by: http://gw-bw.com/tag/coaching/

Increased Activity – Utica Shale in Ohio

In November, Oil and Gas Investor published an article about the drilling boom that is projected to occur in the Utica Shale in Ohio.  Only 12 horizontal wells had been drilled in the play at the time the article was written.  But it is anticipated that 2012 will see a substantial increase in the number of rigs operating in the Utica, from a number of different operators – translating into an increased number of wells that will be drilled.

One of the challenges with entering a new drilling area is how fast an operator can learn how to drill efficiently and effectively, and how does he accelerate those learning curves.  Being able to capture learnings and experiences from other areas and port these over to new areas is one way to get things rolling quickly.   Continue reading »