Enovate AI, SGS partner to optimize drilling with AI-driven bottom hole assembly

October 31, 2024

Enovate AI has announced a strategic partnership with SGS to revolutionize drilling efficiency in the oil and gas industry through the application of AI-driven Bottom Hole Assembly (BHA) optimization, specifically focusing on roller reamer placement.

"We are thrilled to partner with SGS, a company renowned for its commitment to quality and innovation," said Camilo Mejia, CEO of Enovate AI. "Our AI-driven solutions are designed to tackle the most challenging aspects of drilling operations. By optimizing roller reamer placement, we can demonstrate substantial improvements in drilling performance, setting a new standard for efficiency in the oil and gas industry."

Key areas of focus:

AI-optimized roller reamer placement: Utilizing Enovate AI's proprietary algorithms, the partnership aims to optimize the placement of roller reamers within the BHA. This will ensure more efficient drilling, reduced wear and tear on equipment, and improved wellbore quality.

Enhanced drilling performance: By integrating AI-driven insights into the drilling process, the collaboration will help operators achieve higher rates of penetration (ROP), reduce non-productive time (NPT), and enhance overall drilling performance.

Cost reduction and efficiency: The optimized placement of roller reamers is expected to lead to significant cost savings by reducing the frequency of equipment failures and minimizing downtime. This will also contribute to more efficient use of resources, aligning with the industry's goals of sustainable and cost-effective operations.

Data-driven decision making: The partnership will enable drilling operators to make more informed decisions based on real-time data and predictive analytics, leading to better outcomes and more efficient drilling operations.

"We're excited to work with Enovate AI to bring new advancements to drilling operations," said Clint Russell, SGS Redback's Business Development Manager. "This partnership aligns perfectly with our commitment to innovative solutions that deliver operational excellence and long-term value for our clients."

Connect with World Oil
Connect with World Oil, the upstream industry's most trusted source of forecast data, industry trends, and insights into operational and technological advances.