ALEXANDRIA, Va., Nov. 6 -- United States Patent no. 12,460,527, issued on Nov. 4, was assigned to Schlumberger Technology Corp. (Sugar Land, Texas).
"Predicting formation-top depths and drilling performance or drilling events at a subject location" was invented by Cheolkyun Jeong (Sugar Land, Texas), Yingwei Yu (Katy, Texas), Velizar Vesselinov (Sugar Land, Texas), Richard John Meehan (Houston) and Priya Mishra (Menlo Park, Calif.).
According to the abstract* released by the U.S. Patent & Trademark Office: "The present disclosure relates to systems, methods, and non-transitory computer-readable media for dynamically utilizing offset drill-well data generated within a threshold geographic area to determine formation-top trends and identify...