​Precision says automated drilling systems operating commercially

One of North America’s biggest drilling companies reported Tuesday it has “achieved commercial acceptance” of its suite of automation systems.

Technologies deployed across Precision Drilling’s Super Triple rig fleet in various basins in the U.S. and Canada are currently contracted at commercial rates, earning expected returns and achieving over 90% utilization, the company said in a statement.

article continues below

Precision has also packaged its automated drilling technologies under a new brand called “AlphaAutomation,” which it said includes 32 systems that provide enhanced drilling efficiency, well-cost savings and consistency gains.

The company said it intends to continue deployment across its Super Triple fleet, including 24 additional systems over the next 12 months.

“Achieving this milestone is a result of three years of field-hardening the software, extensively training our crews and closely collaborating with our customers in order to overcome field acceptance hurdles and fully demonstrate the value our technology delivers,” said CEO Kevin Neveu.

“We have drilled over 1,000 wells with AlphaAutomation and have successfully deployed this highly scalable technology throughout North America.” 

© Copyright Alaska Highway News

Read more from the JWN Energy

Comments

NOTE: To post a comment you must have an account with at least one of the following services: Disqus, Facebook, Twitter, Google+ You may then login using your account credentials for that service. If you do not already have an account you may register a new profile with Disqus by first clicking the "Post as" button and then the link: "Don't have one? Register a new profile".

The Alaska Highway News welcomes your opinions and comments. We do not allow personal attacks, offensive language or unsubstantiated allegations. We reserve the right to edit comments for length, style, legality and taste and reproduce them in print, electronic or otherwise. For further information, please contact the editor or publisher, or see our Terms and Conditions.

comments powered by Disqus
Sign Up for our Newsletter!

Popular News

Lowest Gas Prices in Chetwynd, Dawson Creek, Fort Nelson, Fort St John, Tumbler Ridge
British Columbia Gas Prices provided by GasBuddy.com

Community Event Calendar


Find out what's happening in your community and submit your own local events.