US Patent Issued to Nvicta on Sept. 30 for "Method and system for active learning and optimization of drilling performance metrics" (Texas Inventors)

ALEXANDRIA, Va., Sept. 30 -- United States Patent no. 12,428,946, issued on Sept. 30, was assigned to Nvicta LLC (Austin, Texas).

"Method and system for active learning and optimization of drilling performance metrics" was invented by Parham Pournazari (Austin, Texas) and Gurtej Saini (Austin, Texas).

According to the abstract* released by the U.S. Patent & Trademark Office: "A system and method of real-time optimization of drilling performance metrics during a well drilling operation, for oil and gas as well as geothermal wells, or wells drilled for any other purpose. In a preferred form, the system receives information about allowable drilling metrics and real-time information of performance indicators. The drilling performance metrics ...