The patent badge is an abbreviated version of the USPTO patent document. The patent badge does contain a link to the full patent document.
The patent badge is an abbreviated version of the USPTO patent document. The patent badge covers the following: Patent number, Date patent was issued, Date patent was filed, Title of the patent, Applicant, Inventor, Assignee, Attorney firm, Primary examiner, Assistant examiner, CPCs, and Abstract. The patent badge does contain a link to the full patent document (in Adobe Acrobat format, aka pdf). To download or print any patent click here.
Patent No.:
Date of Patent:
Feb. 04, 2025
Filed:
May. 25, 2022
Saudi Arabian Oil Company, Dhahran, SA;
Ammar Alali, Dhahran, SA;
Mahmoud F. Abughaban, Dhahran, SA;
Abdulaziz Hussain Al-Hasan, Dhahran, SA;
Amjad Al-Makki, Dhahran, SA;
SAUDI ARABIAN OIL COMPANY, Dhahran, SA;
Abstract
A method may include obtaining acquired drilling parameter data regarding a drilling parameter in real-time during a drilling operation for a predetermined well. The method may include determining, based on a drilling cost model, first drilling cost data using the acquired drilling parameter data. The method may include determining whether the first drilling cost data satisfies a predetermined criterion. The method may include determining, in response determining that the first drilling cost data fails to satisfy the predetermined criterion, a replacement component for the drilling operation. The method may include determining, based on the drilling cost model, second drilling cost data based on using the replacement component for the drilling operation. The method may include transmitting a command to update the drilling operation by changing a drilling system to use the replacement component in response to determining that the second drilling cost data satisfies the predetermined criterion.