The United States Patent and Trademark Office (USPTO) has granted patent US12586023B2 to Schlumberger Technology Corporation for a novel method, system, and computer program product related to well construction and operations planning. The patent specifically addresses the dynamic balancing of these plans by incorporating rig equipment asset life and total cost of ownership. Key innovations include utilizing sensor measurements to generate condition indicators, developing a digital avatar or comprehensive operations model that correlates equipment operation with condition progression, and predicting changes in equipment condition. This model enables the calculation of costs and profits based on a well construction/operation plan and allows for the proposal of plan modifications to reduce costs and/or increase profits.

This patent, while not a direct regulatory mandate, represents a technological advancement that could influence industry best practices in the oil and gas sector. Companies involved in well construction and operations planning, particularly those utilizing advanced analytics and digital twins, may consider adopting similar methodologies to enhance efficiency and profitability. Compliance officers in the energy sector should be aware of such patented technologies as they may become integrated into operational planning software and systems, potentially impacting how operational costs and risks are assessed and managed. No immediate compliance actions are required, but awareness of this patented technology is recommended for strategic planning and competitive analysis.