We are excited to announce that Corva, in collaboration with Nabors Industries, has been honored with the prestigious 2024 Gulf Energy Excellence Award for Best Drilling Technology. This recognition reflects the innovative impact of our Predictive Drilling solution, a game-changer that continues to transform the drilling industry.
So, what makes Predictive Drilling an award-winning technology? It enables operators to anticipate challenges at every stage of the drilling process, making smarter, faster decisions powered by AI. By analyzing real-time data, Predictive Drilling continuously analyzes real-time data to model optimal set points within predefined parameters, sending updates to the rig every 15 seconds. Powered by insights from hundreds of wells and a 75-foot look back, it ensures precision and efficiency throughout the drilling process. Whether cutting costs, reducing downtime, or mitigating risks, our platform has redefined how the industry approaches drilling—and this award is a testament to that innovation.
This achievement would not have been possible without the synergy between Corva and Nabors Industries. Together, we’ve pushed the boundaries of what’s possible in the drilling industry, creating solutions that empower operators to drill safer and more efficiently.
We extend our deepest thanks to our team, partners, and customers for being part of this journey. As we look ahead, we’re excited about the future and are just getting started with the advancements that Predictive Drilling will continue to bring to the industry.
Stay tuned as we continue to redefine the future of drilling, one well at a time.
Nov 15, 2024