Nabors Industries has been granted a patent for a method of drilling wellbores using a smart downhole system. This system employs downhole controllers and sensors to monitor and optimize drilling efficiency by comparing measured parameters to target efficiency goals and generating instructions for adjustments. GlobalData’s report on Nabors Industries 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 Nabors Industries, was a key innovation area identified from patents. Nabors Industries's grant share as of June 2024 was 61%. Grant share is based on the ratio of number of grants to total number of patents.
Smart downhole system for efficient wellbore drilling
The patent US12031424B2 outlines a method and apparatus for drilling a wellbore utilizing a drill string integrated with a smart downhole system. This system includes downhole controllers and sensors that work together to optimize drilling efficiency. The method involves storing a target efficiency parameter, drilling the wellbore, and measuring various parameters such as weight on bit, torque, and differential pressure. The downhole controllers calculate an efficiency parameter based on these measurements and determine the difference from the target efficiency. Instructions are generated to minimize this difference, which are communicated to a surface controller that further refines and implements these instructions to enhance drilling performance. Notably, the process includes connecting multiple stands to the drill string before reaching the bottom of the wellbore.
The patent also specifies that the target efficiency parameter may focus on minimizing downhole vibration or addressing bit whirl. The system is designed to operate in a closed-loop manner, allowing for real-time adjustments based on the measured parameters. The smart downhole system can be part of a rotary steerable system and is positioned away from the bottom hole assembly. This innovative approach aims to improve drilling conditions and efficiency by leveraging automated feedback mechanisms between the downhole and surface systems, ultimately enhancing the overall drilling process.
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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.
