Noble Corp and General Electric Co, announced plans for a fully digitized drilling

0
952

following the partnership formed by GE (NYSE: GE) and Noble Corporation plc (NYSE: NE), the two companies launched the world’s first digital drilling vessel, targeted to achieve 20 percent operational expenditure reduction across the targeted equipment and improve drilling efficiency. This is a concrete step forward to unlock the immense potential of digital solutions for offshore drilling operations.

In the offshore drilling industry, operators have long relied on individuals, leading to significant performance inconsistencies and variance. The downturn of the industry has challenged drillers to look for innovative ways to achieve operational excellence.

“We are very excited to showcase the launch of the Digital RigSM solution and the world’s first digital drilling vessel as we continue to expand data-driven operations support while gaining significant efficiencies in drilling operations. The potential of digitalization will go beyond a single vessel, opening the door to transforming our entire fleet. The data backbone paves the way towards autonomous drilling, and digital technology is facilitating a new era of drilling and asset performance improvements that are unprecedented,” said Bernie Wolford, senior vice president – Operations, Noble Corporation plc.

Previous articleCalfrac revenue doubles as oil price rebound
Next articleAre Weir’s SPM® QEM 3000 Frac Pumps any good?