RigNet’s Intelie Delivers Machine Learning-Based Analytics for Advanced Drilling Operations
"With this system we are able to collect, monitor and process thousands of data points from multiple sources that will give us predictive insights to avoid operational issues, including preventing incidents and accidents while reducing maintenance costs, helping us save significant costs and ultimately improving performance," said
With the implementation of the solution, CSD can monitor multiple systems including Maintenance, Security, Drilling / Managed Pressure Drilling (MPD), Well Control & Integrity, BOP, Power Management System (PMS) and Dynamic Positioning (DP), demonstrating the company's pioneering focus on innovative technological solutions in the oil and gas sector and part of their investment planned in the company's Digital Transformation Program.
“This integrated monitoring system combined with efficient big data analytics, machine learning and IoT solutions will also allow CBM implementation to increase critical equipment life cycle, development of a real-time Bow Tie to monitor the conditions of the mitigation barriers to prevent major accident hazards among other innovative solutions," said Rodrigo Chamusca, responsible for CSD and Digital Transformation at Ocyan Drilling Business Unit.
“We are excited to expand our presence in offshore drilling through this partnership with Ocyan using Intelie Live,” said
Ocyan is a company with a sustainable attitude and knowledge to provide solutions for the offshore oil and gas industry in
This press release includes “forward-looking statements” within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995 – that is, statements related to the future, not past, events. Forward-looking statements are based on the current expectations and include any statement that does not directly relate to a current or historical fact. In this context, forward-looking statements often address our expected future business and financial performance, including the expected benefits of acquiring and integrating other businesses, and often contain words such as “anticipate,” “believe,” “intend,”, “will”, “expect,” “plan” or other similar words. These forward-looking statements involve certain risks and uncertainties, including those risks set forth in Item 1A – Risk Factors of the Company’s most recent 10-K filing, and ultimately may not prove to be accurate. Actual results and future events could differ materially from those anticipated in such statements. For further discussion of risks and uncertainties, individuals should refer to RigNet’s
For more information on
Investor Relations Contact:
Senior Vice President and Chief Financial Officer
Tel: +1 (281) 674-0699
Source: RigNet, Inc.