Next Meeting

Q120: Digital Breakthroughs in the Drilling Industry

Thursday 12th and Friday 13th March, hosted by Wintershall DEA in Hamburg, Germany.

Meeting Introduction

Most large operators and service companies have a digital transformation strategy, which often includes partnering with global IT companies, and involves large investments. While It appears that the rate of digitalization accelerates around us, there are still many challenges in making direct use of the broad palette of solutions that digital technology could offer to well construction. The industry needs to take more ownership of these opportunities. Which major digital breakthroughs are we expecting in our industry in the near future, and which ones can we identify as successful today? In the drilling domain a lot of data and information is gathered and reported by all parties involved in the process. The challenge remains to transform it into actionable knowledge and support operations.In recent years automation and ‘big data’ has dominated drilling conferences and innovation agendas. Are we beginning to see the results of the efforts in these domains? Which tangible efficiency and quality improvements can we identify? These are two of many areas in which we expect and already see advancements of application of digitalization. The following topics are areas of interest however other relevant suggestions are welcome:

Case Studies of successful digital solutions
Lessons learned of implementation of digital innovations
Artificial Intelligence / data analytics
Drilling Information and data visualization
Digitizing business processes / replacing manual processes
Equipment monitoring and tracking
Information/ Data sharing across functions and companies
Automating standard workflows
Streamlining the use of offset data and lessons learned
Workforce preparedness for onset of digital revolution