HOUSTON, May 14, 2020—Schlumberger and Honghua Electric Co. Ltd. today announced they have signed a memorandum of understanding (MOU) that will ensure the seamless integration of the DrillOps* on target well delivery solution with all newly built Honghua rigs.

Under the collaboration agreement, Honghua will manufacture and sell rigs equipped with plug-and-play capabilities for the open DrillOps solution, a native application in the DELFI* cognitive E&P environment. The DrillOps solution integrates planning and operations while automating well construction tasks to ensure the rig operates at peak performance throughout the execution of the drilling plan.

"We are very pleased about this collaboration with Honghua because it not only enables a frictionless experience for current DrillOps solution users, but also provides opportunities to readily offer the solution to new customers," said Jesus Lamas, president of rig performance technologies, Schlumberger.

The DrillOps solution is open and compatible with any modern AC variable frequency drive (VFD) rig. The first DrillOps-compatible Honghua rigs will be available in the third quarter of this year, and will include all the necessary rig hardware and an automation application programming interface (API).

For more information about the DrillOps solution, visit slb.com/drillops.

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*Mark of Schlumberger or Schlumberger companies.