US Patent Issued to Saudi Arabian Oil on Aug. 12 for "Systems and methods for estimating well parameters and drilling wells" (Saudi Arabia Inventors)

ALEXANDRIA, Va., Aug. 12 -- United States Patent no. 12,385,393, issued on Aug. 12, was assigned to Saudi Arabian Oil Co. (Dhahran, Saudi Arabia).

"Systems and methods for estimating well parameters and drilling wells" was invented by Ali M. Al-Shahri (Doha, Saudi Arabia), Aidah G. Zahrani (Dammam, Saudi Arabia), Mohammed A. Shahri (Dhahran, Saudi Arabia) and Hasan A. Nooruddin (Dhahran, Saudi Arabia).

According to the abstract* released by the U.S. Patent & Trademark Office: "Systems and methods of estimating well parameters are disclosed. In one embodiment, a method of estimating well parameters includes receiving a plurality of wells, each well defined by a plurality of well attributes, receiving a plurality of historic wells, each his...