Saturday, September 23, 2006

How to drill better oil wells

Curvaceous Software announce the award of a Patent for guiding a drilling rig operator in real-time to operate according to the best drilling specifications available, using GPC software.

Curvaceous Software are pleased to announce the award of their fifth Patent for the application of Geometric Process Control (GPC) technology. This Patent is for guiding a drilling rig operator in real-time to drill holes in line with the best drilling specifications available. Drilling today is a highly skilled activity that takes many years to learn.

Hence there can be a big difference in rates of progress and time needed to drill a well depending on the range of skill levels possessed by the operators.

With the operating costs of a drilling rig being upwards of US$250,000 per day, time saved by good drilling practice can represent a substantial benefit.

Curvaceous Software are pursuing this application of their GOPC technology in discussion with potential licencees for this, and also for other applications.