ALEXANDRIA, Va., April 2 -- United States Patent no. 12,264,572, issued on April 1, was assigned to SAUDI ARABIAN OIL COMPANY (Dhahran, Saudi Arabia).

"System and method to predict and optimize drilling activities" was invented by Ahmed Mohammed Al Haji (Al Umran, Saudi Arabia).

According to the abstract* released by the U.S. Patent & Trademark Office: "A method may include obtaining a plurality of historical drilling signals for a plurality of wells and generating a plurality of drilling parameters from the plurality of historical drilling signals of drilling activities of the plurality of wells into one real-time database of a computer processor. The method further includes applying Fourier Transform to decompose a plurality of function...