GDS Intl Adopts GE Software to Increase Efficiency, Reduce Costs

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You may not think that computer software would have much to do with drilling holes in the ground and extracting natural gas and oil. But you would be wrong. If you ever visit a drilling rig and are fortunate enough to make a visit to "the dog house," which is the equivalent of a jetliner cockpit where the rig is controlled by high-powered computers (and software), you'll quickly understand how high-tech drilling has become. But it's not just controlling a rig where computers are used in the oil and gas business--they're used throughout the business. In fact there is software that, well, monitors other software. GE (nee General Electric) has a software offering that monitors drilling rigs and other equipment at drill sites. At least that's how we understand it. GE issued a press release yesterday to tout the fact that GDS (Global Drilling Support) International is using GE's "Equipment Insight" solution at rigs in both the Marcellus and Utica Shale in a six-month pilot program to squeeze ever more efficiency from the drilling process...

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