IADC ART Spark Tank Meeting Minutes

Download presentations from the 16 August IADC ART Spark Tank

The IADC Advanced Rig Technology (ART) Spark Tank was held on Thursday, 16 August, 2018, at IADC’s new headquarters at 3657 Briarpark Drive, Suite 200, Houston, TX 77042

The mission of the IADC ART Spark Tank is to provide opportunity to provide technology entrepreneurs an opportunity to pitch their products and ideas (“Sparks”) to a panel of drilling contractors and operators (“Sharks”). The purpose is to provide insights to technology developers into what matters to those they are innovating for. Only Sharks ask questions of the presenters.

IADC is grateful to its Sharks for sharing their time, talents, and expertise. Sharks for the 16 August Spark Tank were:

Anil Godumagadda	Duane Cuku	Kevin Lacy	Robin Macmillan

• Anil Godumagadda, Patterson UTI

• Duane Cuku, Precision Drilling

• Kevin Lacy, Proactive Real Time solutions

• Robin Macmillan, National Oilwell Varco, ART Chair (moderator)

Proceedings

Speakers had 15 minutes to present, with 15 minutes allotted for Sharks’ Q&A.

 9:15    “Rider 360: Integrating, Visualizing and Operationalizing Your Asset Data”: Cason Swindle, Context Associates Inc.

The Rider 360 platform delivers on the promise of the digital oilfield revolution by integrating equipment, workforce and process performance data into a single platform, then displaying the analysis of the data as a 360 view of rig operations in real time so teams can perform more safely and more productively. In our Spark Tank presentation, we will share the technology and benefits of the Rider 360 platform for Drilling Contractors and Operators. Benefits include integration of equipment, workforce and process performance data, as well as visualized data and analysis.

9:45   “BTX Integral Casing”: Sealy Morris, RDT Inc.

RDT wanted to design a semi-premium joint of casing to drill, ream, rotate like drill pipe with no special handling considerations. We wanted a connection that was interchangeable with standard API threads (BT&C & LT&C) but wanted a higher make up torque. The end result was an integral design where we eliminated the need for a coupling. This was achieved by upsetting one end to old or new API coupling dimensions. The torque rating is 50% higher than standard API connection, but interchangeable. This presentation will discuss details and advantages.

10:15    Break

10:30    “Improving Wellsite Safety And Efficiency Through Wireless Measurement Technology”: Jim Profit, Strainstall UK Ltd.

Wellsite operations require many forms of real-time load and pressure monitoring. As most current load cells transmit data by wire, their cables can represent tripping hazards for operatives, while breakages are a common cause of NPT. This presentation outlines the benefits in safety and well site efficiency that can be leveraged by implementing wireless measurement technology and Internet of Things (IoT) style data capture and processing, leveraging the data generated from multiple sources. These technologies can make the work site safer for operatives, reduce costs and improve efficiency, while increasing the accuracy of load measurement and providing robust archiving of data for subsequent processing.

11:00    “No Pull Bit”: John Bloomfield, Bloomfield R&D

Eventually all bits wear out. The cutting discs become dull and less and less effective, and require changing out the bit, a time-consuming and expensive process involving pulling the entire drill string, replacing the bit, and running the string back downhole. A new solution is build bits with disposable worn tips that can be shed to new sharp tips to continue an efficient drilling process without pulling the whole drill string out of the drill hole. Saving the turn-around cycle would save days per week of unproductive time. This presentation will discuss the details of this novel technology.

11:30   Adjournment