Refining Drilling echnologies to Adapt to the Industry Climate

摘要

During the production downturn that began in 2014, companies are working to increase drilling efficiency and preparing for times when operators will be ready to rush wells into operation. According to Baker Hughes, about half of the rigs that were operational one year ago are operational today (1,024 down from 2,308 one year ago at press time). Siemens offers a few technologies that they expect to place them in a good position for the return of higher oil prices and increased drilling. Their integrated drive systems (IDS) offer a quick solution for operators looking to get rigs online quickly. "These lead times, in a normal market, are an advantage," said David Jones, business development manager at Siemens.