Baker Hughes Assigned Patent

Baker Hughes, a GE company LLC, Houston, TX, has been assigned a patent (11,288,418) developed by Herbig, Christian, Celle Lower Saxony, Germany, Hohl, Andreas, Hannover Lower Saxony, Germany, Kueck, Armin, Bremen, Germany, Neubert, Michael, Braunschweig, Germany, and Reckmann, Hanno, Nienhagen, Germany, for an “optimal storage of load data for lifetime prediction for equipment used in a well operation.“

The abstract of the patent published by the U.S. Patent and Trademark Office states: “An example system for optimal storage of load data for lifetime prediction for a piece of equipment used in a well operation includes a sensor collecting load data of the piece of equipment and a processing device for executing computer readable instructions. The computer readable instructions include: determining a lifetime model for the piece of equipment, calculating a bucket size using one of the lifetime model and a distribution of load data, discretizing a load data spectrum into one or more buckets using the calculated bucket size, assigning the collected load data to the one or more buckets of the load data spectrum, storing the collected load data assigned to the one or more buckets to a memory, and determining a lifetime estimation of the piece of equipment based on the load data assigned to the one or more buckets of the load data spectrum and stored to the memory.”

The patent application was filed on July 19, 2019 (16/516,348).