MANAGING YOUR DIRECTIONAL DRILLING RISK
Tuesday, January 12, 2021
Lost-in-hole (LIH) risks are always the elephant in the room before a drilling program gets started. Everyone talks about the money saved by cutting days off a drilling program and setting drilling records with the newest technology, but no one mentions the cost associated when these tools become damaged or lost downhole. Chris Webb, of Transpac Managers, has been helping customers understand their risks and insuring downhole
tools all over the world for decades.
Join us at the first IADD lunch and learn session of 2021 as we discuss current LIH trends, including loss frequency, types of tools most frequently lost, locations that we are seeing the most losses, etc. And learn more about how can we mitigate risks for everyone involved.
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UPGRADING THE GRADING
"IF YOUR BIT COULD TALK WHAT WOULD IT TELL YOU?"
Thursday, January 14, 2021
The IADC drill bit dull grading system has held up quite well until now, however with the introduction of
large automated systems, machine learning, evolving drill bit products and the requirement for more detailed data per run there is a need to improve the system.
The current IADC PDC drill bit dull grading codes were created in 1987 and revised in 1992 along with the roller cone codes. The IADC codes are a compact, text-based way to describe the bit condition, containing limited categorization and quantification information.
However, the IADC codes have some known limitations:
- The code set is focused on justification for pulling the bit, reusability, and wear; but does not capture details needed for detailed root cause analysis
- Codes require human expertise and are subject interpretation, no independent verification possible
- Evolving knowledge is difficult to capture
- No possibility to include other data such as digital pictures, etc.
- Limited support for fully automated drilling system processes
Objectives of IADC upgraded grade system:
- Rework the IADC Dull Grade System Code set to better support root cause analysis
- Eliminate or reduce the subjectivity inherent in the current system
- Support human and automated bit dull grading systems
- Create a digital storage format including searchable metadata allowing bit dull grading information to be used by real time automated drilling systems.
- The digital storage format should also be capable to be used in machine learning tools, selection of next bit/BHA, parameter optimization, mud/formation interactions, as well as redesign efforts, etc.
- The reworked dull grading system shall be backwards compatible with the current IADC bit dull grading system if possible.
This forum will have a quick overview on these issues as well as cover the emerging automated bit-grading systems.
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SOCIAL HAPPY HOUR @ THE BUTLER HOUSE
Thursday, January 14, 2021
Join us after our "Upgrading the Grading" event on Thursday, January 14th for an outdoor social gathering to continue the great conversations! Admission is Free no registration required just come on by!
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INTRO TO ROTARY STEERABLES COURSE
Wednesday, January 27, 2021
This RSS Fundamentals course is intended for those who are interested in learning about the various systems on the market, the basic operating principals of each tool, and the overall benefits of using rotary steerables. This course should give the attendee a good overview of the current state of the
technology, and which tools work best for which applications. This is a fundamentals class, so no experience is necessary, but some basic grasp of directional drilling concepts will be helpful.
- What is a Rotary Steerable?
- History of the Technology
- Concepts – Push vs. Point, Fixed vs. Variable
- Best Applications for each concept
- High level overview of each tool, comparison/contrast and distinctive benefits
Space is very limited, sign up today!
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