Helmerich & Payne. has been granted a patent for a method to determine total vertical depth (TVD) in well planning by measuring differences in BHA positions. The system includes a graphical user interface for manipulating drilling plan markers and displaying log data and quality indicators related to baseline markers. GlobalData’s report on Helmerich & Payne gives a 360-degree view of the company including its patenting strategy. Buy the report here.
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According to GlobalData’s company profile on Helmerich & Payne, was a key innovation area identified from patents. Helmerich & Payne's grant share as of June 2024 was 53%. Grant share is based on the ratio of number of grants to total number of patents.
Method for real-time well depth determination and analysis
The granted patent US12037890B2 outlines a sophisticated system and method for presenting a graphical user interface (GUI) designed to facilitate the manipulation of markers within a drilling plan for wells. Central to this system is a processor and memory that execute a series of instructions. These instructions enable the display of various panels, including a file selection panel, log panel, marker selection panel, and quality display panel. Users can select a marker archive file linked to an offset well, which triggers the display of relevant log data, including graphical representations of log readings. The system allows users to select specific portions of this log data, which in turn displays associated baseline markers and quality indicators, providing a comprehensive qualitative analysis of the selected markers based on characteristics such as width, amplitude, and shape.
Additionally, the patent details functionalities that enhance the drilling planning process. The system can receive user inputs for geo plan parameters, including the selection of a formation dip angle and input sources for well plan data. It displays planned markers and associated parameters, such as estimated true vertical depth and uncertainty ranges. The system is designed to adapt to events by updating log data and adjusting drilling plans accordingly. Furthermore, the software is capable of receiving adjustments to log data characteristics, which modifies the qualitative analysis of the selected baseline markers. This innovative approach aims to streamline the drilling planning process, ensuring that users can make informed decisions based on real-time data and analysis.
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GlobalData’s Patent Analytics tracks patent filings and grants from official offices around the world. Textual analysis and official patent classifications are used to group patents into key thematic areas and link them to specific companies across the world’s largest industries.
