Concerns about continued crude price volatility and decline in consumption due to slowing economic growth across regions indicate more problems for oil companies as they scramble to maintain profits.
As with any industry, when margins are affected, service providers take the hit and are forced to cut contract prices. To stay relevant and sustain growth, the oilfield OEMs and service providers have disrupted themselves by adopting broadly minded approaches to eliminate inefficiencies in operations and unlock new opportunities for operating companies.
Frost & Sullivan invites you to join Isaac Premsingh, Industry Analyst, and Manmohan Singh, Senior Consultant, to gain expert insight on patent filing trends and top assignees in the measurement while drilling (MWD) technology landscape and technology trends, followed by an interactive, live question-and-answer session.
Key Takeaways:
- Learn how digital technologies can impact MWD and the initiatives that have laid the foundation for automated directional drilling.
- What are the drilling efficiency improvements?
- Hear about key ways to reduce the cost of service delivery.
- Explore technology from sensors to software platforms that enable the digital transformation in MWD operations.