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Precision Drilling - First-hand insights from real-world deployments

Unplanned equipment failures continue to pose a major challenge in drilling operations, leading to downtime, safety risks, and rising costs. This session will explore how IoT-enabled devices, enhanced data integration, and real-time predictive analytics are revolutionizing drilling teams' ability to proactively monitor and prevent failures in surface equipment such as top drives, mud pumps, and power systems. By connecting siloed data sources and leveraging advanced analytics, operators can detect early warning signs of mechanical stress, optimize maintenance planning, and improve equipment lifespan. The discussion will also highlight practical strategies for integrating modern analytics tools with legacy systems, empowering teams to shift from reactive troubleshooting to predictive failure prevention and operational excellence. (Excerpt from Darcy Partners event link)

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November 20

MIT MTL Startup Showcase