Tag: Drilling

  • License for Efficient Drilling Technology to Pason Systems
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    License for Efficient Drilling Technology to Pason Systems

    SPRING, Texas, Petrominer — ExxonMobil has awarded to Pason Systems, Inc. the first global license of its patented Drilling Advisory System™, a key component of the company’s Fast Drill™ technology suite. The licensing agreement accelerates the technology’s commercialization by combining Pason’s expertise in drilling data and ExxonMobil’s experience in drilling surveillance and optimization. Fast Drill combines…