Location History:
- Ridgefield, CT (US) (1997 - 1998)
- Bethel, CT (US) (1999)
- Boston, MA (US) (2003 - 2004)
Company Filing History:
Years Active: 1997-2004
Title: The Innovative Contributions of Robert Burridge
Introduction
Robert Burridge is a notable inventor based in Boston, MA (US), recognized for his significant contributions to the field of oil well production optimization. With a total of 5 patents, Burridge has developed innovative methods that enhance the efficiency and profitability of oil extraction processes.
Latest Patents
One of Burridge's latest patents focuses on the "Optimization of oil well production with deference to reservoir and financial uncertainty." This invention applies portfolio management theory to associate levels of risk with the Net Present Values (NPV) of oil expected to be extracted. The methods allow for the selection of production parameters, such as pumping rates, to maximize NPV while managing risk levels. Additionally, it predicts the minimum guaranteed NPV with a 90% probability for a given risk level. Another significant patent is for "Sonic well logging for radial profiling," which details a method for determining the radial profile of sonic shear velocity in formations surrounding a fluid-containing borehole. This method involves suspending a logging device in the borehole, transmitting sonic energy, and deriving sonic velocities to create a comprehensive profile of the formation.
Career Highlights
Burridge is currently employed at Schlumberger Technology Corporation, where he continues to innovate and contribute to advancements in oil production technologies. His work has had a profound impact on the industry, particularly in optimizing production strategies and improving the understanding of subsurface formations.
Collaborations
Throughout his career, Burridge has collaborated with esteemed colleagues, including Maarten De Hoop and Carl Peter Spencer. These partnerships have fostered a collaborative environment that enhances the development of innovative solutions in the field.
Conclusion
Robert Burridge's contributions to oil well production optimization and sonic well logging exemplify the importance of innovation in the energy sector. His patents not only advance technological capabilities but also provide valuable tools for managing financial risks in oil extraction.