Tibco and Nabors advance smart drilling technology

oil & gas Technology

“Industrial IoT is transforming every industry, and smart drilling is a disruptive way to deliver economic and social value in the energy market,” Mark Palmer, senior vice-president, analytics, Tibco, said in a statement. “Nabors’ approach is visionary, with real-time drilling analytics that will quickly leverage machine learning models and immediately make IoT-fueled decisions on streaming data, as conditions change.”

Palo Alto, California-based Tibco said the Nabors real-time drilling analytics offering will leverage products like its Spotfire and StreamBase, in conjunction with their own industry expertise and IP, to provide optimized drilling operations. advance smart drilling technology