Guwahati: Indian Institute of Technology Guwahati’s team of researchers has developed a novel Decision Support System for Oil & Gas Drilling under a collaborative R&D project funded by the Institute of Drilling Technology, Oil and Natural Gas Corporation Limited. The system based on the application of Artificial Intelligence/Machine Learning and hybrid model-based diagnostics and data analytics algorithms will significantly reduce the non-productive time during exploration and drilling projects in the Oil & Gas industry.
They have developed and demonstrated a real-time well drilling monitoring and Decision Support System tool, which will make use of existing data to enable real-time multi-objective optimization (MOO) of drilling parameters and operators choosing a feasible and optimal solution in real-time. This project was executed during 2019-2020. The team has also developed optimal preventive maintenance schedules for drilling units using AI/ML techniques for making complicated decisions. Under this project, energy and carbon audit methods for drilling operation to benchmark rig performance have also been developed. The team has filed an application for an Indian patent protecting the novelty and utility of the innovations from this project.
The Technology Licensing Agreement signing ceremony was carried out in virtual mode.
The aim of the R&D project was to develop well monitoring for drilling supervisors and provide a timely prediction of the ‘well-behaviour’ and ‘well-complications’ so that corrective steps are taken to minimize the downtime of drilling operations.
Traditional DCS systems are large platforms with decades-old technologies which are increasingly difficult to maintain or upgrade due to rapid obsolescence. Hence, Softdrill would like to bring out AI/ML and IoT / cloud-based Smart Control Room solutions for drilling projects. The proposed product/solution is expected to significantly reduce the non-productive downtime and improve the overall profitability. Softdrill will focus initially on Indian Oil & Gas majors and in the future, other oil companies across the globe.
Softdrill Solutions Pvt Ltd., Udaipur, is an innovative Start-up company focused on bringing out intelligent solutions for Oil & Gas industry. The company also established its R&D center in IIT Guwahati, to leverage the expertise from faculty, research scholars, and also its various lab facilities for their projects. Their aim is to develop and commercialize AI/ML, data analytics, and cloud-based smart control room solutions to positively impact Oil & Gas industry by providing intelligent and optimal Oil-well drilling operations monitoring, diagnostics, and predictive management.
Click Here for More Science & Technology