Blockchain Enabled Solutions for Efficient Drilling Waste Management- A Comprehensive Analysis

Author:

Krishnan A. Geetha1,Thompson C.1,Osgouei R. Ettehadi1,Martinez J.1,Rahman S.1

Affiliation:

1. Baker Hughes, Houston, TX, USA

Abstract

Summary The oil and gas industry faces significant environmental challenges in drilling waste management, given the risks posed to ecosystems and human health by contaminated drilling cuttings. Various techniques have been developed to manage and dispose of drilling waste, but traditional approaches have fallen short in waste tracking and regulatory compliance. Blockchain technology offers a promising solution by providing an immutable, transparent ledger of transactions, which can greatly enhance the traceability of waste management processes and improve regulatory compliance. This article explores the potential of blockchain to revolutionize waste management practices in the oil and gas sector, addressing long-standing challenges and aligning operations with global environmental sustainability goals.

Publisher

SPE

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