2024-12-10 01:02:00
International energy technology company SLB (NYSE: SLB) introduces Neuro™ autonomous geonavigation, which dynamically responds to subsurface complexities to drill more efficient, higher-performing wells while reducing the carbon footprint of drilling operations.
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Using AI, Neuro geosteering integrates and interprets complex real-time subsurface information to autonomously guide the drill bit through the most productive layer or “sweet spot” of the reservoir. (Photo: Business Wire)
Using artificial intelligence (AI), Neuro geonavigation integrates and interprets complex subsurface information in real time to autonomously guide the driller through the most productive layer or “sweet spot” of the reservoir. During conventional geonavigation operations, geologists must manually interpret this data to identify a well target., update the well plan and trajectory, as well as communicate this to the directional driller. Neuro geonavigation performs all these steps end-to-end, without any human intervention.
“Neuro autonomous geonavigation is a remarkable and industry-first achievement, being to drillers what the autonomous vehicle is to drivers,” said Jesus Lamas, President of the Well Construction Sector at SLB. “Using advanced cloud capabilities and cutting-edge AI, the system automatically selects the best route to drill the well based on high-fidelity measurements at the bottom of the well, which aligns the well trajectory with actual reservoir conditions. By drilling more consistent, higher-producing wells, our customers can optimize their field development plan while reducing operational emissions from drilling over the life of the asset.”
Neuro autonomous geonavigation is positioned on the technological base of Neuro autonomous directional drilling of SLB, which drills wells for a respective target defined according to the well plan. Neuro autonomous geonavigation takes this a step further by incorporating high-fidelity downhole measurements that ensure the well is positioned in the best part of the reservoir.
In Ecuador, SLB deployed Neuro autonomous geonavigation to drill a 2,392-foot lateral section of an onshore well for Shaya Ecuador SA. During this operation, SLB’s autonomous system completed 25 autonomous geonavigation trajectory changes, with each interpretation cycle and decision taking just a few seconds. By remaining in the most productive layer of the reservoir, the well became one of the best producers in the country.
For more information, visit slb.com/Neuro
About SLB
SLB (NYSE: SLB) is a global technology company driving energy innovation for a balanced planet. With an international presence in more than 100 countries and employees representing almost twice as many nationalities, we work every day to innovate in oil and gas, delivering digital technology at scale, decarbonizing industries and developing and scaling new energy systems that accelerate the transition energy. Find out more at slb.com.
Cautionary Statement Regarding Forward-Looking Statements:
This press release contains “forward-looking statements” within the meaning of the US federal securities laws, that is, statements about the future, not about past events. Such statements generally contain words such as “expect,” “is possible,” “may,” “estimates,” “intends,” “anticipates,” “will,” “potential,” “projected” and other similar words. Forward-looking statements address matters that are, to varying degrees, uncertain, such as predictions or expectations regarding the implementation or anticipated benefits of SLB’s new technologies and partnerships; statements about goals, plans and projections regarding sustainability and environmental issues; predictions or expectations regarding the energy transition and global climate change, in addition to improvements in operational procedures and technology. These statements are subject to risks and uncertainties, including, without limitation, the inability to achieve net negative carbon emissions targets; the inability to recognize intended benefits of SLB strategies, initiatives or partnerships; legislative and regulatory initiatives addressing environmental concerns, including initiatives addressing the impact of global climate change; the timing or receipt of regulatory approvals and authorizations; as well as other risks and uncertainties detailed in SLB’s most recent Forms 10-K, 10-Q and 8-K filed with or furnished to the U.S. Securities and Exchange Commission. If one or more of these or other risks or uncertainties materialize (or the consequences of such development change), or if underlying assumptions prove to be incorrect, actual results may vary materially from those reflected in our forward-looking statements. Forward-looking statements speak only as of the date of this press release, and SLB disclaims any intention or obligation to publicly update or revise such statements, whether as a result of new information, future events or otherwise.
The original language text of this announcement is the official authorized version. Translations are provided as a facility only and must refer to the text in the original language, which is the only version of the text that has legal effect.
View original version on businesswire.com:
Contact:
Media
Josh Byerly – Senior Vice President of Communications
Moira Duff – Director of External Communications
SLB
Tel.: +1 (713) 375-3407
[email protected]
Investors
James R. McDonald – Senior Vice President of Investor Relations and Industrial Affairs
Joy V. Domingo – Investor Relations Director
SLB
Tel.: +1 (713) 375-3535
[email protected]
Source: BUSINESS WIRE
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– What are some specific examples of the efficiency and cost-saving benefits realized by using Neuro geonavigation technology in real-world drilling operations?
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## AI Revolutionizes Drilling: A Conversation with SLB
**host:** Welcome back to the show. Today, we’re talking about groundbreaking advancements in the energy sector, specifically in drilling technology. Joining us is Alex Reed, [Alex Reed Title] at SLB, a leading global technology company. Welcome to the show.
**Alex Reed:** Thank you for having me. It’s great to be here.
**Host:** Let’s jump right in. SLB recently announced the launch of Neuro™ autonomous geonavigation.Can you tell our viewers what this exciting technology is all about?
**Alex Reed:** Absolutely. Neuro autonomous geonavigation is truly a game-changer. It leverages the power of AI to autonomously guide the drilling process in real-time. Essentially, it’s like an ”autopilot” for drilling, allowing the system to make intelligent decisions based on complex subsurface data.
**Host:** That sounds amazing. How does this differ from traditional drilling methods?
**Alex Reed:** In conventional drilling, geologists manually interpret vast amounts of subsurface data to guide the drill bit.This is a time-consuming and sometimes imprecise process. Neuro geonavigation automates this entire process, seamlessly integrating and interpreting the data in seconds, leading to dramatically improved accuracy and efficiency.
**Host:** What are some of the key benefits of this technology?
**Alex Reed:** The benefits are multifold. Firstly, it enables us to drill more efficiently and accurately, hitting the most productive layers of the reservoir. this results in higher-performing wells and increased production. secondly, it reduces the need for human intervention, leading to significant cost savings and operational efficiency.
**Host:** These are notable advantages.Can you give us a real-world example of how effective Neuro geonavigation can be?
**Alex Reed:** [Alex Reed] Absolutely, we recently deployed this technology in Ecuador for Shaya Ecuador SA.
We drilled a significant lateral section of an onshore well and the results were phenomenal. The system autonomously made 25 trajectory changes,navigating the well through the best part of the reservoir.Consequently, this well became one of the top performers in the country.
**Host:** Thats amazing! It seems like this technology has the potential to revolutionize the entire drilling industry.
**Alex Reed:** We firmly believe so. [If time allows, expand on the long-term vision for this technology and its impact on reducing footprint]
**Host:** Alex Reed, thank you so much for sharing this exciting news with us.
**Alex Reed:** My pleasure.
**Host:** And that’s all the time we have for today. We’ll be right back after the break.
