American Oil and Gas Reporter - July 2016 - 107

ComputerCurrents
Drillinginfo Enhances Suite
Of Decision Support Tools
AUSTIN-Drillinginfo has added functionality to its suite of dynamic exploration,
drilling, and production intelligence and
decision support tools.
The company says the tools' new capabilities allow users to capitalize on predictive
and prescriptive analytics, and quickly gather
insights-from finding potential merger and
acquisition targets to economizing wells
and completion parameters-within a single
platform. They allow users to minimize
risk and maximize accuracy in production
predictions while assessing all subsurface
data in a single source, Drillinginfo says.
The new capabilities include a probabilistic decline curve analysis tool. This
functionality enables all subscribers to
manage risk by understanding the range
of possible estimated ultimate recoveries
with easy, automatic curve fitting in a
single platform, Drillinginfo describes. By
eliminating the traditional method's requirement for data sourcing, data loading,
and manual model development, Drillinginfo says the solution allows customers to
gather insights quickly and determine
whether further analysis is required.
With the release of DI Transform 5.1,
Drillinginfo continues, licensees now can
analyze the contribution of engineering
variables to production within a geologic
context, and accurately understand well
bore placement and characteristics, as well
as positive or negative well interference.
In comparison with legacy tools, it is much
easier to isolate engineering variables from
rock properties, understand where the well
bore lands with precision, and determine
whether production will be affected by
neighboring wells, Drillinginfo concludes.
For information, visit www.drillinginfo.com.
r

New WellLink™ Service Boosts Drilling Efficiency
HOUSTON-Baker Hughes has introduced its WellLink™ Performance service,
which it says helps operators reduce invisible lost time (ILT) by transforming
the complex data buried within legacy
applications, drilling reporting systems,
and data streams into real-time information
that is instantly accessible and actionable.
Using this information, operators can
improve drilling economics by quickly
identifying, investigating and mitigating
common performance issues associated
with drilling processes such as connection
procedures, circulating times and tripping
speed, Baker Hughes elaborates. According to the company, these inefficiencies can account for as much as 30

By providing real-time data into invisible
lost time, Baker Hughes says its
WellLink™ Performance service allows operators to improve drilling efficiency and
economics.

BIW Connector Systems Launches Training Hub
IRVINE, CA.-ITT Inc.'s BIW Connector
Systems brand has debuted a comprehensive
training framework for customers in the
upstream oil and gas market, ITT reports.
The BIW Learning Center features handson training and online tools designed to
enhance the resources technicians use to
master product assembly ahead of installation, ITT clarifies.
The Learning Center is a one-stop train-

Latest GreaseBook App Helps Pumpers Do More
OKLAHOMA CITY-After gathering
feedback from hundreds of independent
operators across the country, GreaseBook
has introduced a new version of its data
collection application it says allows operators to get more from their pumpers.
"To make oil work at $40-$50, operators
are going to have to get as much mileage
out of their pumpers as humanly possible,"
says Greg Archbald, the company's founder.
"At GreaseBook, we refer to this as 'pumper
enablement.' It is perhaps the most effective,
overlooked method for enhancing oil production and reducing overhead.

percent of normal uptime activities.
Delivered through a software-as-aservice model, Baker Hughes says the
WellLink Performance service enables
drilling teams to identify inefficiencies
immediately by analyzing historical and
real-time well site data, and comparing
those data with planned, benchmark and
offset data. The teams also can seamlessly
identify and investigate ILT root causes
to a more granular degree than with
common manual methods by reviewing
charts that compare depth with days
drilled, and activity analysis graphs and
reports in real time, the company adds.
Key performance indicator alarms
and dashboards help operators take proactive actions to improve ILT-related issues
and monitor those actions in real time
for continuous improvement across operations, Baker Hughes continues.
For information, visit www.bakerhughes.com.
r

According to Chief Technology Officer
Ryan Gillette, the key to pumper enablement is giving pumpers easy access to information on site. "With GreaseBook,
every time a pumper enters a measurement
for the day, the app serves a historical
production chart for comparing the day's
flow against historical production. When
production information is displayed in
graph form, potential problems that may
not have been identified on paper become
easy to recognize-and ultimately fix."
For information, visit www.greasebook.com.
r

ing hub that offers intuitive, detailed instruction on specialized BIW products to
help customers avoid the costs associated
with incorrect assembly and installation,
ITT describes. The company points out
that the center is offered at no additional
cost to customers, and includes instructions
on BIW products, processes and materials
through videos, modules and articles. Selfpaced quizzes and supervisor assessments
measure users' technical skills and result
in certifications for specific product installations, ITT adds.
"Failures because of incorrect product
assembly and installation are a major cause
of rig downtime every year, and lead to
sizable financial and opportunity costs for
our customers," says John Dutil, ITT BIW
Connector Systems vice president and general manager. "Through this new, dynamic
training program geared toward many learning styles, we are taking responsibility,
along with our customers, to dramatically
improve field assembly techniques and
produce long-term operational cost savings."
For information, visit www.ittbiw.com.r
JULY 2016 107
American Oil and Gas Reporter - July 2016

Table of Contents for the Digital Edition of American Oil and Gas Reporter - July 2016
