In this on-demand Q&A with SPE, Actenum’s Owen Plowman discusses trends in well delivery scheduling and why more operators are adopting fit-for-purpose rig scheduling software like Actenum DSO.
Actenum DSO scheduling software
Go from complexity to confidence
Whether it’s a multi-year drilling program, decommissioning multiple offshore platforms, or maintenance at a facility, scheduling in complex environments is a complicated task. Actenum’s AI-powered scheduling software is a single solution that simplifies the complexity, improves capital efficiency, and reduces costs by ensuring that the right resources, assets, and people are always in the right place at the right time.
Achieving cash flow predictability
When you’re scheduling complex operations, it’s critical to understand how you’re spending money over time. Commonly-used scheduling tools, though, provide limited insight into costs and spend.
How do you avoid negative cash flow and a deficit that hinders (or even halts) your operations?
Aligning schedules across
Does your company use one tool to schedule one set of operations and another tool to schedule a different set? When schedules aren’t integrated, opportunities for optimization are lost, operations aren’t always synchronized, and non-productive time and unnecessary costs may result.
How can you manage all activities, resources, and Key Performance Indicators (KPIs) in one schedule, and realize more efficient operations?
Reducing cycle time by
eliminating schedule gaps
Simple scheduling tools may show you how individual resources are being used, but they don’t enable you to see how activities are related to one another over time, and where unwanted gaps appear in the schedule.
How can you create an optimal schedule that minimizes gaps to reduce this non-productive time and minimize costs?
What can you achieve with Actenum DSO Scheduling Optimization?
Hit production targets
Enhance business value by building highly accurate and reliable operations schedules that increase efficiency and deliver predictable performance.
Integrate operations for efficiency
Incorporate all types of activities for any type of operation into a master integrated operations schedule that everyone shares.
See the impact of decisions
Gain immediate insight into how your decisions will impact key business metrics, such as costs and production, using “What if?” scenarios and advanced analytics.
Turn change into opportunity
Adjust an optimized schedule when necessary and ensure that business rules and constraints are always satisfied.
Maximize return on assets
Automatically align operational decisions with business goals, and maximize return on assets through intelligent, responsive resource allocation.
Bring together everyone
Work from a single-source, real-time view of the operations schedule on a laptop, smartphone, or mobile device, and get everyone on the same page.
Improve well delivery efficiency, optimize resource use, and meet cost and production goals with one solution that brings together permitting, construction, facilities, drilling, completion, and field operation activities in a single schedule.
Ensure that effective, stable maintenance schedules are put in place so that production output is maximized and predictable. And if there’s a breakdown or other disruption, Actenum scheduling software enables you to rapidly schedule the resources and assets needed to get production back online, fast.
Increase productivity and reduce costs during plant turnarounds, using optimized scheduling. Eliminate non-productive time and efficiently execute large numbers of jobs faster, so you can complete your turnaround on-time and on-budget, and restore full production .
Decommissioning offshore rigs is a cost-intensive and complex task with the potential for significant challenges. Actenum gives you a complete picture of the process via a single tool that allows you to plan resources and budgets more accurately and reliably than previously possible.
To keep production flowing, onshore and offshore logistics need to operate like clockwork. Actenum allows you to build and manage logistic schedules with automatic assistance and an AI-based engine that identifies the optimal schedule.
Actenum DSO has allowed us to hit our budget at a level never before seen, and the dynamic, “What if?” scenario planning has dramatically improved our decision making.
DSO helps reduce cycle times, but also determines economics and value, so we can effectively prioritize our development areas. It’s highly configurable which makes it easy to use.
The company is very dedicated to the software and its clients and that’s what makes Actenum scheduling software a great product. The technical and sales staff are responsive and very easy to work with.