Energy Department Cites Remarkable Advance In ‘Smart' Oil, Gas Drilling San Antonio, TX - Government and industry officials today announced a major innovation that turns an oil and gas drill pipe into a high-speed data transmission tool capable of sending data from the bottom of a well 100,000 times faster than technology in common use today. The new system, aptly named IntelliPipeTM, could revolutionize the way companies probe for oil and gas. It was developed by an engineering team of Grant Prideco, Houston, Texas; and Novatek Engineering, Provo, Utah, under a project funded by the U.S. Department of Energy. "The...
