Investor Highlights

Enhancing Production with Automation using Edge AI and IoT

Enhancing Production with Automation Using Edge AI and IoT

In Ecuador, Schlumberger accelerated adoption of digital solutions through its integrated business model by implementing Agora edge AI and IoT solutions on its own APS project. By combining digital technologies within an integrated environment, production performance was increased while operational and environmental footprint were reduced. To solve production challenges with high gas/oil ratio wells, Agora solutions were used to deliver an automated electrical submersible pump (ESP) gas-handling process. Using a securely connected, solar-powered skid running predictive AI at the edge to optimize well and ESP performance, production was increased 30% in wells connected by the Agora solution, while reducing field crew visits to these wells by 97%—an example of the performance made possible by combining digital and integration.

DrillOps on-target well delivery—Automating Drilling Performance

DrillOps On-Target Well Delivery—Automating Drilling Performance

In Saudi Arabia, the DrillPlan well construction planning and DrillOps automation well delivery solutions surpassed 63,000 ft drilled, achieving a key milestone for our Integrated Well Construction LSTK operations. The on-bottom rate of penetration (ROP) with AutoROP was 17% higher than previous wells drilled by the same rigs' field average. Furthermore, DrillOps controlled the preconnection, reaming, and backreaming operations, significantly reducing nonproductive time, optimized well delivery time, and contributed to a 30% improvement in on-bottom ROP and shoe-to-shoe run in a recent section of a horizontal well.

Increasing Recovery with Multiphase Subsea Boosting

Increasing Recovery with Multiphase Subsea Boosting

OneSubsea has been awarded an engineering, procurement, and construction (EPC) contract by BHP Petroleum (BHP) for a subsea boosting system to increase recovery from the deepwater Shenzi Field in the US Gulf of Mexico. The Shenzi Field, located approximately 190 km offshore Louisiana, began producing in 2009. The multiphase boosting system will enable a significant drawdown on existing wells to facilitate increased production from the field. The boosting system, rated at 3.6 MW, is a compact, reliable, and capital-efficient solution to increase BHP's value from this proven asset.

 

De-Risking Logging with HD Dual Imaging While Drilling

De-Risking Logging with HD Dual Imaging While Drilling

In Brazil, Drilling & Measurements deployed TerraSphere high-definition dual-imaging-while-drilling service for the first time in the country to log presalt carbonates for Total. TerraSphere service enabled acquisition of high-definition borehole images—while drilling—de-risking the logging operations on depleted and complex reservoirs. This technology enables well completion optimization and unprecedented reservoir characterization detail for Total's Lapa field development.

Increasing Asset Team Efficiency Through Digital

Increasing Asset Team Efficiency Through Digital

Kuwait Oil Company (KOC) awarded Schlumberger a five-year contract for the ability to implement digital solutions, including the Petrel E&P software platform and other petrotechnical domain applications. The contract, valued at USD 109 million, furthers KOC's objective to deploy best-in-class software solutions that increase asset team efficiency while reducing overall cost per barrel. KOC seeks to improve cross-discipline collaboration between geosciences, reservoir engineering, production engineering, and drilling to facilitate better investment decisions based on a clear understanding of opportunities and risks.

 

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