Identifying drilling risks for upcoming wells requires insights from offset wells.
While only some risks may lead to non-productive time, many of them remain latent within inaccessible daily drilling reports (DDRs), crucial for comprehensive analysis. Manual extraction from DDRs is often time-consuming, which reduces the quality of risk identification.
Previous methods using NLP are fragile and expensive, leveraging Generative AI has proven to significantly increase performance and promises to revolutionize the way we approach risk management.
