Drilling digitization has the potential to create new value pools along the E&P value chain. Digitization can reduce man-hours and increase the speed of well delivery.
Digital can improve drilling in three primary areas:
Automated well design
Optimized well planning and supply chain
Automated well execution
To maximize the value presented by these opportunities, rig companies, OEMs, and drilling companies will need to proactively work together to achieve greater systems integration.