Offshore drilling contractor Noble Corporation and General Electric (GE), a global digital industrial company, with multiple locations throughout North and South America, have entered into a partnership to work on an advanced data analytics system for offshore drilling rigs known as Digital Rig. Noble said that the Digital Rig solution aims to improve the operational productivity of the company’s drilling rigs.
The agreement entails the use of GE’s latest digital asset performance management system on four Noble drilling rigs as part of a fleet pilot program. The expected efficiencies captured through the implementation of the Digital Rig solution target a 20 percent reduction in repair and maintenance expenditures across the pilot rigs. The data-driven drilling model created by Noble and GE aims to enhance drilling process efficiency, shift to predictive asset management and reduce third-party service costs.