The goals of the oil and gas extraction industry have remained the same over the years: maximise production to meet the market’s energy demands while doing so efficiently, cost effectively, and sustainably.
“As the industry sets its goals toward zero net-carbon emission, efficiency and sustainability are taking centre stage,” says Branko Beric, business development engineer at Maxon
Downhole drilling is the segment with the largest potential for technological innovation even while facing many environmental and technological challenges. Meeting these goals means that industry mindsets need to accept a more data driven approach, which is leading downhole drilling toward electrification.
Click here to read about the benefits of electric drives in downhole equipment.
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