Smart Well Market

Company Headquarters: Houston, United States Founded: 1992 Workforce: ~500 Company Working: INTECH Process Automation provides system integration and automation solutions for the oil % gas industry across the world. INTECH Process Automation operates through five segments, namely, integrated control system (ICS), instrumentation control and electrical, well head solutions, metering storage and fuel systems and advance software solutions. Smart wells are offered under the well head solutions segment. The company has its R&D centers in Kazakhstan, Pakistan, and Nigeria, which offer highly customized, innovative, best-in-class packaged solutions for customers. It currently has presence in different countries, such as the Russia, China, France, Singapore, Iraq, Pakistan, Nigeria, Columbia, Peru, Indonesia, the US, and the UA. It has established its service divisions across the world in regions such as North America, Asia-Pacific, the Middle East, and Europe. Some of its competitors are SoftDEL (US), KROHNE (UK), BALDWIN (US),and YOKOGAWA (Japan).

Company Headquarters: Vadodara Founded: 2012 Workforce: ~ 23,000 Company Working: L&T Technology Services Limited (LTTS) is a global leader in Engineering and R&D (ER&D) services. With 976 patents filed for 57 of the Global Top 100 ER&D spenders, LTTS lives and breathes engineering and technology. Its innovations speak for themselves – World’s 1st Autonomous Welding Robot, Solar ‘Connectivity’ Drone, and the Smartest Campus in the World, to name a few. Its expertise in engineering design, product development, smart manufacturing, and digitalization touches every area of users’ lives - from the moment the user wakes up to when the user goes to bed. With 90 Innovation and R&D design centers globally, it specializes in disruptive technology spaces such as EACV, Med Tech, 5G, AI and Digital Products, Digital Manufacturing, and Sustainability. It is a publicly listed subsidiary of Larsen & Toubro Limited, the $21 billion Indian conglomerate operating in over 30 countries. It specializes in Mechanical Engineering Services, Embedded Systems Services, Product Lifecycle Management (PLM), Engineering Analytics, Power Electronics, M2M, Internet of Things (IoT), and Digital Engineering.

Company Headquarters: Perm, Russia Founded: 1991 Workforce: ~4,000 Company Working: Novomet is one of the leading companies that provides innovative oil lifting services in the oil &gas industry. Using drilling technologies, the company offered oil lifting services, including sizing of equipment to suit well condition for oil production services. It offers services such as ESP system, water injection system, upgradation and maintenance for oil production equipment. Its key investments include working capital injection, and expansion of international service operations. Novomet has its business in two manufacturing facilities, which include modernized manufacturing techniques and the identification performance standard. The identification performance technique includes the assessment and management of environmental pollution, community health, safety and security. These facilities have added value to the business, giving an advantage to the company’s growth. Novomet offers proprietary technologies for applications including high gas-to-oil ratios, high temperatures, abrasive and corrosive fluids, heavy oil and highly deviated wells. It has operations in countries such as the Russia, CIS countries, Argentina, Romania, Egypt, Iraq, Ecuador, Kuwait, Indonesia, and the US. It has established its service division with a network so that company can tackle customers queries. The R&D centre has conducted various tests both, internally and externally These tests include abrasive and corrosive tests, high viscous fluids, tests on gassy fluids, and low flow rate/ high flow rate stages for the benefit of the oil well production. Recently Novomet has shipped 8000 units of permanent magnet motor for the oil industry.

Company Headquarters: The Hague, Netherlands Founded: 1996 Workforce: ̃1000 Company Working: Salym Petroleum Development N.V., an oilfield service provider is a joint venture between Shell Salym Development B.V. and Gazprom Neft. The company is engaged in well construction, well testing, oil production, new drilling technologies, and enhanced oil recovery. Under oil production segment, smart well technology is delivering less number of well pads and improved field infrastructure. The company has 410 contractors, 90% of which are Russian. The company had started the pilot operation of smart wells in 2006. The company holds four exploration and production licenses, which improve the economic development of the company and the region. Salym Petroleum Development N.V. oilfields developed by Salym Petroleum Development is located in the Nefteyugansk district of the Khanty-Mansi Autonomous Okrug - Ugra. The company operates in Moscow, Tyumen, Nefteyugansk, Khanty-Mansiysk, and Salym in Russia. The company had successfully explored 96 million tonnes oil reserve in West Saylm, 25 million tonnes in Upper Saylm, and 18 million tonnes oil reserves in Vadelyp, which were approved by Russian Federation State Committee.

Company Headquarters: Hamilton, Bermuda, UK Founded: 1952 Workforce: ~15,000 Company Working: Nabors Industries Ltd is one of the leading global drilling rig (offshore and onshore) fleet providers. It offers directional drilling services, innovative technologies, and performance tools for itself and third parties. The company is well positioned in the competitive market with its seamlessly integrated downhole hardware, equipment, and software solutions, which are required for designing rigs. It offers a variety of software solutions to its clients for drilling data analytics, RigCLOUD platform, equipment condition monitoring software, fuel management, and directional drilling. Additionally, in the equipment segment, the company offers automated surface equipment, downhole tools, and automated floor systems. Its rig instrumentation software systems help enhance drilling performance and wellbore placement. Nabors Industries Ltd has smart drilling techniques, which provide benefits such as real-time monitoring, user-friendly interface design, intelligent alarms, synchronized top drive operating data, and integration with other downhole technologies for streamlined management. Its overall smart well systems include wiring, sensing, and decoding devices that are integrated with the value chain. As a global player, the company is currently working with approximately 407 marketed rigs for land-based operations in the US and Canada and 23 other countries across the world. Nabors Industries Ltd. specializes in wellbore placement solutions and offers directional drilling and Measurement While Drilling (MWD) systems and services for clients all over the world.

Company Headquarters: Texas, US Founded: 1941 Workforce: ~29,500 Company Working: Weatherford International is one of the largest multinational in oil field and service companies, which offers innovative solutions, technology and pioneer services to the oil and gas industry. The company operates through the following product and services segments: formation evaluation, drilling, completions, productions, abandonment, tubular running services, rigs, rig equipment and software. It offers a variety of drilling services including surface logging systems, closed-loop drilling, rental tools and services, drilling waste management, pressure control, liner system, cementing and drilling optimization. Weatherford’s product and services provides includes Artificial Lift Systems, Testing and Production Services, Completion Systems, Cementing Products, Surface Logging Systems, Intervention Services, and Reservoir Solutions. Weatherford offers MPD of two types, namely semi-automated and automated. The company has a wide operational portfolio, which is segmented regionally as western and eastern hemisphere, across the globe. It is embracing automation, and digitalization, including technologies such as big data, Internet of Things, and machine learning to enhance the exploration and production process. It operates in over 90 countries and has facilities in over 860 locations, which include research and development, service, manufacturing, and training. The companies MPD product portfolio includes subsea and surface rotating control devices.