A weekly update on the latest “no-fluff” insight and analysis of the energy industry.
Drilling efficiency significantly impacts overall production in the oil and gas industry. Higher drilling efficiency means faster and more cost-effective drilling operations, leading to increased well productivity and reduced downtime. Efficient drilling processes allow for more wells to be drilled in a shorter period, boosting the total output of oil and gas.
Here are the key technologies that enhance drilling efficiency:
Managed pressure drilling (MPD): Precise control over wellbore pressure.
Rotary steerable systems (RSS): Accurate directional drilling.
Advanced drilling fluids: Optimized penetration rates and wellbore stability.
Automation and artificial intelligence (AI): Real-time data analysis and decision-making.
High-speed well communication: Rapid data transmission for immediate adjustments.
AI enhances drilling operations by enabling real-time data analysis, predictive maintenance and automation of complex tasks. It supports better decision-making through insights from historical data and predictive models, and improves safety by automating hazardous tasks and monitoring conditions. These advancements lead to more efficient, cost-effective and safer drilling operations.
Higher ROP indicates faster drilling, which can reduce the overall time and cost of drilling operations. However, ROP is just one of several parameters that contribute to drilling efficiency. Other factors, such as cost per foot, feet per day and mechanical specific energy, also play crucial roles. it must be balanced with other considerations like wellbore stability and equipment wear.
Maximize opportunities in the oilfield with Enverus Benchmarking Solutions. Harness data-driven insights and seize opportunities for growth and success.
Say goodbye to the frustration of not knowing where to focus your time and resources. Our powerful insights guide you to the right projects at the right time, empowering you to stay ahead of the competition and drive business growth.
Arm yourself with the knowledge to inform strategic decisions and grow your business with one source for insights across oil and gas, renewables, carbon capture and ESG. Read more about Energy Transition solutions.
Learn how Carbon Innovation Foundations helps streamline your strategic decisions with actionable insights and centralized data for molecule-based project tracking and viability, updated daily through Enverus PRISM®.
Get near-real time insight into all phases of pre-production operation, from pad detection and frac crew activity to DUCs over time, rig activity and cycle times, you can stay one step ahead with differentiated insights available up to two months ahead of public filings.
Streamline and accelerate the oil and gas payments process, improve spend visibility and cost management and strengthen vendor relationships with Enverus OpenInvoice® – a powerful cloud-based accounts payable and invoice automation platform connected to the industry’s largest vendor network.
Streamline and accelerate the oil and gas payments process, improve spend visibility and cost management and strengthen vendor relationships with Enverus OpenInvoice® – a powerful cloud-based accounts payable and invoice automation platform connected to the industry’s largest vendor network.
Navigate the evolving emissions and regulatory landscape with data-driven confidence with Enverus Emissions and Regulatory Analytics.
Digitize and automate invoice processing and approvals with oil & gas enterprise accounts payable software. Read more about OpenInvoice.
Oilfield Services Suite software solution for OFS companies offers FieldTicket option, enables field service providers to get paid faster. Read more about Oilfield Services Suite.
Accelerate your invoice submission process and track receivables with Enverus SupplierLink to improve cash flow management. Read more about SupplierLink.
Find ideal mineral investments and oil and gas deals for sale faster and close with confidence with Enverus title research and oil and gas M&A solutions. Enverus land solutions make it easy to verify ownership record, accurately appraise mineral assets, find deals and clear title. You can focus on specific geographies and get intel on lease dates and contract terms, production records and leasing costs. Read more about our land solutions.
Create, track and compile your price books, agreements, pricing changes and terms & conditions on one platform made for decentralized oil and gas operations. Save time with automatic price validation and compliance.
Discover
About Enverus
Resources
Follow Us
© Copyright 2025 All data and information are provided “as is”.