RequestUsing advanced AI-powered scheduling to increase drilling program efficiency
Q&A with Society of Petroleum Engineer’s Dr. Nils Kaageson-Loe and Actenum’s Owen Plowman on the use of AI in modern drilling program scheduling tools.
Read more
Are you still using simple tools for rig scheduling?
The real-world operational complexity of lease management and scheduling overwhelms the capabilities of a spreadsheet and can make people’s jobs very difficult. It’s challenging to model a lease effectively, for…
Reducing drilling program cycle time, increasing money saved
By simplifying rig scheduling and eliminating guesswork, Actenum’s software significantly improves the efficient use of equipment, personnel and other resources, which leads directly to a reduction in drilling program cycle…
Meeting the demand for positive free cash flow through efficient drilling scheduling
For E&P companies to be successful, everything needs to be working at maximum efficiency in order to meet their goals and budget. In other words, all resources and components have…
How efficient scheduling makes for efficient companies
For E&P companies to be successful, everything needs to be working at maximum efficiency in order to meet their goals and budget. In other words, all resources and components have…
Improving ROCE and capital efficiency
E&P operators are now evaluated not by how quickly they can grow their operations, but instead on how efficiently they use their capital to drive profitability. It doesn’t matter whether…
Operators need to adopt new technologies focused on efficiency
In the middle of the pandemic lockdown, we read an article about research done by Quorum Software, indicating the need for operators to invest in digital transformation to weather the…
Don’t tell them you are using Excel!
There is an excellent article in JPT titled, “Don’t Tell Them You Are Using Excel” written by their Emerging Technology Senior Editor. In it, they quoted Chevron’s CIO speaking at…
Why is scheduling well delivery like playing chess?
When you’re scheduling drilling operations, there are a lot of moving parts and a lot of players to think about. Making the right moves is critical to whether you optimize…
