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Patexia Contest

CONTEST

Competed

Problem

Patexia seeks market research on the worldwide market characteristics and features of measurement while drilling (MWD), also known as logging while drilling (LWD), and its applications within the oil and gas industry.

An ideal submission will come from a Patexia member with either first-hand industry experience in the field or have an academic/research background covering the subject matter.

The following types of questions will be asked:

  • qualifying questions must be answered correctly in order for a user to be eligible for a prize
  • market consensus questions are the basis for the prize determination
  • survey questions are about your first-hand industry experience and/or academic/research background and will be used to evaluate your answers to the market consensus question

Please review the Contest Rules. For more information on how to submit to this Contest type, please read the Intro to Market Research page.

Related Contests

This contest is related to the Measurement While Drilling Technology contest.

Additional Reward Information

The strongest submissions will be considered for another round of more detailed questions, and a potential offer for a follow-up Connect consulting opportunity.

Qualifying Questions

  1. Do you want to add your resume? You will be able to attach your resume to questions 2 - 10 as a reference.
  2. Do you know who are the key players in the MWD market? Please name them.
  3. Do you know what is the approximate annual size of the MWD/LWD market (not including wireline)? Please describe.
  4. Do you know what is the key sensor technologies in MWD/LWD outside of resistivity and gamma? Please name them.

Market Consensus Questions

  1. [$450] Do you know what proportion and monetary amount of MWD tools are focused on drill orientation (e.g. mud motors, whip stocks, etc.) versus formation measurement (e.g. gamma, resistivity, etc.)? Please describe.
  2. [$800] Do you know the MWD market share and day rate for the following technologies: electric (resistivity and spontaneous potential), nuclear (gamma ray, density, and neutron porosity), acoustic (sonic), and other (NMR, fluid sampling, calipers, and other)? Please download, complete, and upload the following spreadsheet. http://link.patexia.com/q6-table-mwd
  3. [$800] Do you know the percentage of wells utilizing each MWD by type and percentage of wells utilizing each MWD by cost for the following technologies: electric (resistivity and spontaneous potential), nuclear (gamma ray, density, and neutron porosity), acoustic (sonic), and other (NMR, fluid sampling, calipers, and other)? Please download, complete, and upload the following spreadsheet. http://link.patexia.com/q7-table-mwd
  4. [$450] Do you know how MWD services are billed, including if they are grouped billed with other equipment or services? Please explain.
  5. [$250] Do you know if any of the MWD services are considered commoditized? Please explain.
  6. [$250] Do you know if customers are highly focused on costs of the service or on the quality? Please explain.

Survey Questions

  1. General Comments
  2. How many hours did you spend on this contest?
  3. Can you provide us with more information regarding your qualifications (e.g. number of wells drilled, number of years on drilling site, other first-hand industry experience, etc.) to enter this contest?
  4. Can you provide us with more information regarding the resources and databases you used for this contest?
  5. How did you hear about this contest?
Have a question about this contest? Ask a Question

Questions

#QuestionValue
1Do you want to add your resume? You will be able to attach your resume to questions 2 - 10 as a reference. T/F
2Do you know who are the key players in the MWD market? Please name them. T/F
3Do you know what is the approximate annual size of the MWD/LWD market (not including wireline)? Please describe. T/F
4Do you know what is the key sensor technologies in MWD/LWD outside of resistivity and gamma? Please name them. T/F
5Do you know what proportion and monetary amount of MWD tools are focused on drill orientation (e.g. mud motors, whip stocks, etc.) versus formation measurement (e.g. gamma, resistivity, etc.)? Please describe. 0
6Do you know the MWD market share and day rate for the following technologies: electric (resistivity and spontaneous potential), nuclear (gamma ray, density, and neutron porosity), acoustic (sonic), and other (NMR, fluid sampling, calipers, and other)? Please download, complete, and upload the following spreadsheet. http://link.patexia.com/q6-table-mwd 0
7Do you know the percentage of wells utilizing each MWD by type and percentage of wells utilizing each MWD by cost for the following technologies: electric (resistivity and spontaneous potential), nuclear (gamma ray, density, and neutron porosity), acoustic (sonic), and other (NMR, fluid sampling, calipers, and other)? Please download, complete, and upload the following spreadsheet. http://link.patexia.com/q7-table-mwd 0
8Do you know how MWD services are billed, including if they are grouped billed with other equipment or services? Please explain. 0
9Do you know if any of the MWD services are considered commoditized? Please explain. 0
10Do you know if customers are highly focused on costs of the service or on the quality? Please explain. 0

Additional Notes

Market Research

This is a Market Research contest attempting to understand the expert consensus around a particular topic from people with either first hand knowledge or extensive research background in the field.

This contest will close on Tuesday, September 16th, 2014 at 11:59 PM PST.

Please review the Contest Rules. For more information on how to submit to this Contest type, please read the Intro to Market Research page.

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