Payload Operations Integration Center remote operations capabilities

2001 ◽  
Author(s):  
Michelle Schneider ◽  
Catherine Lapenta
Keyword(s):  
Operations Capabilities ◽  
Remote Operations

COVID-19 considerations for SEC cybersecurity guidance, disclosure, enforcement, and parallel proceedings: navigating the new normal

2020 ◽  
Vol 21 (2/3) ◽  
pp. 111-126
Author(s):  
Aldo M. Leiva ◽  
Michel E. Clark
Keyword(s):  
Securities And Exchange Commission ◽  
Effective Vaccine ◽  
Resource Reallocation ◽  
Securities Litigation ◽  
Public Companies ◽  
Content Type ◽  
Business Operations ◽  
Expert Analysis ◽  
Securities Industry ◽  
Remote Operations

Purpose To examine the COVID-19 pandemic’s effects on regulated entities within the context of cybersecurity, US Securities and Exchange Commission (SEC) compliance, and parallel proceedings. Design/methodology/approach Describes the SEC’s ability to conduct its operations within the telework environment, its commitment and ability to monitor the securities market, its enhanced monitoring of the adverse effects of SEC-regulated companies from COVID-19, its guidance to public companies of disclosure obligations related to cybersecurity risks and incidents, the SEC Office of Compliance and Examinations’s (OCIE’s) focus on broker-dealers’ and investment advisories’ cybersecurity preparedness, the role and activities of the SEC Division of Enforcement’s Cyber Unit, and parallel proceedings on cyberbreaches and incidents by different agencies, branches of government or private litigants. Findings SEC-regulated entities face many challenges in trying to maintain their ongoing business operations and infrastructure due to severe financial pressures, the threat of infection to employees and customers, and cybersecurity risks posed by remote operations from hackers and fraudsters. The SEC has reemphasized that its long-standing focus on cybersecurity and resiliency within the securities industry will continue, including ongoing vigilance over companies’ efforts to identify, assess, and address the inherent, heightened cybersecurity risks of teleworking and the resource reallocation that business need to sustain their operations until a safe and effective vaccine is developed for COVID-19. Originality/value Expert analysis and guidance from experienced lawyers with expertise in securities, litigation, government enforcement, information technology, data protection, privacy and cybersecurity.

Drilling Automation – Benefits of the New Drilling Model

2021 ◽  
Author(s):  
Jorge Heredia ◽  
Jan Egil Tengesdal ◽  
Rune Hobberstad ◽  
Julien Marck ◽  
Harald Kleivenes ◽  
...  
Keyword(s):  
Conventional Method ◽  
Three Dimensional ◽  
Cost Savings ◽  
Work Force ◽  
Directional Drilling ◽  
Well Performance ◽  
Human Errors ◽  
Drilling Performance ◽  
Friction Factors ◽  
Remote Operations

Abstract A pilot program for automated directional drilling was implemented as a part of the roll out plan in Norway to drill three dimensional wells in an automated mode, where steering commands were carried out automatically by the automation platform. The rollout plan also targeted the use of remote operations to allow personnel to be relocated from the rig location into remote drilling centers. The goal of the program was to optimize the directional drilling performance by assessing the benefits of automation using the latest rotary steerable system technologies and machine learning smart algorithms to predict and manipulated the BHA performance, as well as the ability to predict the best drilling parameters for hole cleaning. The automation was implemented on three different rigs and the data was compared with the drilling performance from the last two years, with three dimensional wells drilled in the conventional method. The main benefits between drilling wells in the conventional method versus drilling wells with the new drilling automation model include the following. Reduce the overall cost per meter –  Improve the rate of penetration –  Improve running casings Consistence process adherence –  Reduce human errors –  Reduce POB without sacrificing lost of technical experience Optimize workforce resources –  Allows continuity of service (COVID-19 restrictions) Drilling automation can drill smoother wells by reducing the friction factors and tortuosity. This is translated in direct cost savings per meter and reduction in the overall well delivery time, with the advantage of performing the execution and monitoring of the well performance remotely. This new drilling model open the door of new opportunities, especially for the challenges where the work force resources, and drilling performance is a priority for the operations.

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