Helmerich & Payne has patented a method for geosteering wells using stratigraphic heat maps. By analyzing data from offset wells, the system generates heat maps to guide drilling operations, adjusting drill plans and parameters to reach target formations efficiently. 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 February 2024 was 54%. Grant share is based on the ratio of number of grants to total number of patents.

Geosteering method using stratigraphic heat maps for drilling wells

Source: United States Patent and Trademark Office (USPTO). Credit: Helmerich & Payne Inc

A recently granted patent (Publication Number: US11920441B2) outlines a method for geosteering a well that involves taking measurements at various depths along a borehole, selecting an offset well log with measurements at different stratigraphic vertical depths, and computing a misfit value for pairs of measurements from the subject well and offset well. This misfit value is determined using a stochastic model and helps in identifying the stratigraphic vertical depth of the subject well, guiding drilling operations towards a target depth.

Furthermore, the patent details a method that incorporates multiple offset well logs to compute a combined misfit value, aiding in determining the stratigraphic vertical depth of the subject well. The system described in the patent involves a computer system with instructions for performing these steps, including generating mappings, computing misfit values, and sending control signals to drilling rig systems. The use of a stochastic model, display of misfit values as heat maps, and the ability to modify drill plans based on determined depths are highlighted in the patent, showcasing a comprehensive approach to geosteering operations in the oil and gas industry.

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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.