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October 22, 2021

Patterson-UTI teams up with Corva to boost digital oilfield transformation

The collaboration will help oil and gas producers in implementing digital tools to drill and complete more productive wells.

By Archana Rani

Patterson-UTI Energy has collaborated with Corva, a developer of real-time drilling and completions analytics, to provide data analytics and visualisation capabilities to accelerate the digital transformation of oilfields.

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The collaboration is intended to help oil and gas producers implement the digital tools required to drill and complete more profitable and productive wells while reducing emissions.

It will also provide companies with access to Patterson-UTI’s advanced digital capabilities through Corva’s suite of more than 60 drilling apps.

These capabilities include real-time data from Patterson-UTI’s Cortex Key edge server, which connects to various systems at the well site to streamline large data sets.

Corva founder and CEO Ryan Dawson said: “We are excited to partner with Patterson-UTI to take on the tough digital oilfield challenges that will unlock greater rig, cost, and ESG performance.

“Together, we are accelerating the digital transformation across basins with real-time drilling analytics, solving big data analysis in the field with edge computing integration, and empowering partners and clients to build their own solutions and innovate at their full potential.”

Corva will leverage Patterson-UTI’s advanced wellsite and Cloud-based data capabilities, to boost its suite of Cloud-based drilling analytics.

The oil firms will also benefit from Corva Dev Center, which allows Patterson-UTI and its customers to develop their own solutions.

In a press statement, Patterson-UTI said: “The Corva and Patterson-UTI collaboration brings together category-leading super-spec rig capabilities, rig automation, and drilling and completion optimisation analytics spanning drilling and completions operations and hazard avoidance.”

Together with Corva, Patterson-UTI plans to provide apps for its customers that take advantage of the contractor’s super-spec fleet’s drilling automation.

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Cyberattacks continue to rise every year and no sector seems to be immune. Hackers target sensitive information such as organizational, client, and financial data, as well as intellectual property (IP) and proprietary functions. As digital transformation becomes a top priority for many organizations, traditional perimeter-based security models are no longer sufficient to address the growing cybersecurity concerns. Against the backdrop, enterprises explore zero trust as it takes a micro-level approach to authenticate and approve access at every point within a network. Reasons to read: The cybersecurity landscape is swiftly changing, and businesses need more awareness to meet the evolving change. The report highlights the current state of play and the future potential of the zero trust approach in cybersecurity to protect critical digital infrastructure of enterprises across sectors such as financial services, healthcare, telecom, and transportation, among others. Read our report and gather insights on the following topics:
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  • Key advantages and solution providers
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  • Drivers and challenges
  • Top funded startups and Mergers & Acquisitions
  • Implementation challenges
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