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eDrilling provides life cycle simulation programme for planning, training, optimization and control of drilling operations as well as related support competence. They use dynamic drilling models and diagnosis technology merged with 3D visualization into a “virtual wellbore”.
Published September 14, 2020
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Updated November 3, 2024
Oil & Gas
Drilling
Product Overview
Overview
eDrilling is a supplier of a comprehensive suite of AI-driven and predictive tools for drilling operations, including:
- Well Planner - A modeling tool for testing well plans, assessing risks, and optimizing well design.
- Well Sim - Simulation software that works alongside Well Planner to model drilling scenarios.
- Well Ahead - A real-time predictive analytics tool that monitors live data, compares it with planned data, and provides alerts to help reduce costs and carbon emissions.
- Well Guide - Optimization software focused on improving tripping speed, flow, ROP (rate of penetration), and RPM, while ensuring safety.
- Well (3D Visualization Tool) - Provides real-time visual data to the driller, showing formation changes, proximity to the reservoir, and potential risks.
Business Model
The company offers flexible licensing models, including:
- Perpetual License - A one-time purchase with annual maintenance for updates and bug fixes.
- Subscription Model - Available on an annual or monthly basis.
- Microservices - Customers can pay to use the software for a specific well or timeframe, ideal for short-term projects.
Technology Innovations
- Well Sim and Well Planner - capable of generating thousands of iterations of the same well scenario to efficiently train personnel, rather than requiring physical drilling of each well.
- Eta AI Agent - A learning AI agent, trained on extensive well data, that acts as a “theoretical driller and engineer,” making real-time decisions and providing transparent rationale to support engineers. This tool is designed to adapt and improve over time.
- Cyber-Based Drilling Control System - Allows remote drilling management, aiming to reduce on-site personnel needs.
- Dynamic Thermal Hydraulic Models - Unique simulation models that enable more advanced thermal and hydraulic testing compared to competitors.
- CO₂ Well Control Software - Specifically developed to handle well control for CO₂ storage projects, supporting safe carbon capture and storage operations.
Applications
The suite of tools is designed to enhance planning, real-time monitoring, optimization, and decision-making in drilling operations as they cater to tasks such as:
- Real-time decision-making and adaptation to well conditions
- Risk assessment and preemptive planning to avoid potential well issues
- Optimizing operational parameters to improve efficiency and maintain safety
- Environmental management through emission and cost reduction
- CO₂ well control, supporting projects related to carbon capture and storage