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Global Measurement While Drilling (MWD) Market 2018: Patenting and Technology Development Trends 2018 - ResearchAndMarkets.com

November 22, 2018

DUBLIN--(BUSINESS WIRE)--Nov 22, 2018--The “Measurement While Drilling (MWD) - Patenting and Technology Development Trends” report has been added to ResearchAndMarkets.com’s offering.

This study covers technology development trends and stakeholder initiatives in moving away from traditional MWD methods towards a more accurate and high-speed data acquisition and transfer technologies.

Measurement while drilling technology is a critical part of the oilfield drilling operations as it enables the driller to achieve precise good placement by efficient steering the drill bit in the planned well path to reach the target in shortest possible time. Real-time formation evaluation measurements transmitted to the surface while drilling helps optimize drilling and improve recoverable reserves. Therefore recent development in MWD technology has been focussed on improving sensor capabilities together with advanced dual-telemetry systems.

Key Topics Covered:

1 Executive Summary

1.1 Research Scope and Objectives

1.2 Patent Research Scope

1.3 Patent Data Mining and Analysis - Overall Approach

1.4 MWD Transformation is Driven by Innovation in Sensors and Telemetry

1.5 Patent Landscape in the Area of MWD is Increasingly Getting Crowded

2 Technology Development Trends In MWD

2.1 MWD: A Complex System Critical to Achieve Drilling Efficiency Targets

2.2 Focus is to Drill Faster, Safer, and Reach the Target

2.3 Identifying Dependencies to Improve MWD Operational Efficiency

2.4 Need for Miniaturized Sensors Fit for Extreme Conditions

2.5 MEMS Sensors Deliver High-Temperature Sensing Performance

2.6 Halliburton Improves Drilling Efficiency through High-speed Telemetry

2.7 A Fully Retrievable Dual Telemetry MWD System by NOV

2.8 APS Technology Offers Programmable Stiffness in Damping Subs

2.9 Beihang University in China Proposes a New System to Minimize Errors

3 Patent Landscape Overview

3.1 Service providers are the leading patent holders in the MWD space

4 Innovation Ecosystem in MWD

4.1 Schlumberger Designs New Software and Tools to Improve Accuracy

4.2 Schlumberger Has Filed Many Patents as an Outcome of its Research Collaborations with Corporate and Academic Partners

4.3 Halliburton Introduces New Tool Configurations to Measure Ahead of Bit

4.4 Halliburton Has Built Majority of its MWD Patent Portfolio Through In-house Research

4.5 BHGE Builds Smart Bits and Processing Units to Enhance Data Quality

4.6 GE Has Strengthened its Patent Portfolio in the MWD Space by Acquiring Baker Hughes

4.7 Weatherford Works with RFID Tags and Digital Markers to Improve Control

4.8 Scientific Drilling Strengthens Autopilot and Improves Tool Stability

4.9 Shell Improves MWD Operational Efficiencies Through Automation

4.10 BP Improves Access and Visualization of Real-time Wellbore Data

4.11 Aramco Innovates to Automate Drilling and Eliminate Complex Steps

4.12 ExxonMobil Improves Telemetry Speeds and Derives Insights on Bit Health

4.13 CNPC Develops New Downhole Tools With Better Durability

4.14 Gyrodata Focuses on Improving Wellbore Placement in Multi-well Scenario

4.15 Other Relevant Patents Filed by Gyrodata in the MWD space

4.16 BenchTree Offers High-Speed Low Cost MP Telemetry Systems

4.17 Nanoromic Develops Advanced Ultra-capacitors for Downhole Tools

4.18 Evolution Engineering Improves on its Unified Telemetry System

4.19 Mostar Patents its Dual-telemetry System and Improves Azimuth Measurement

5 Appendix

Companies Mentioned

Aramco Baker Hughes BenchTree BHGE BP CNPC Evolution Engineering ExxonMobil GE Gyrodata Gyrodata Halliburton Mostar Nanoromic Schlumberger Shell Weatherford

For more information about this report visit https://www.researchandmarkets.com/research/j3c2l3/global?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20181122005128/en/

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Related Topics:Oilfield Equipment and Services

KEYWORD:

INDUSTRY KEYWORD: ENERGY OIL/GAS

SOURCE: Research and Markets

Copyright Business Wire 2018.

PUB: 11/22/2018 04:58 AM/DISC: 11/22/2018 04:58 AM

http://www.businesswire.com/news/home/20181122005128/en

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