US Patent Issued to SCHLUMBERGER TECHNOLOGY on May 27 for "Automated offset well analysis" (British, Chinese, American Inventors)

ALEXANDRIA, Va., June 17 -- United States Patent no. 12,313,803, issued on May 27, was assigned to SCHLUMBERGER TECHNOLOGY Corp. (Sugar Land, Texas).

"Automated offset well analysis" was invented by Cheolkyun Jeong (Katy, Texas), Francisco Jose Gomez (Abingdon, Great Britain), Maurice Ringer (London), Paul Bolchover (Beijing) and Paul Muller (Beijing).

According to the abstract* released by the U.S. Patent & Trademark Office: "A system and method that includes querying a database to obtain offset well data collected while drilling previously drilled wells. The system and method also include determining if at least one risk is identified with respect to a planned well based on the offset well data. The system and method additionally includ...