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Offset Drilling & Completions Efficiency Solution

Boost your operational efficiencies

When US oil and gas operators come into drilling situations blind, they risk cost overruns and equipment failure because of unknown geological threats. But with the right information, they can significantly improve operations and increase their profit margin.

Integrating offset drilling data with drilling and completions performance benchmarking can help operators hone efficiencies. Operators can also enhance drilling programs with best practices and improving drilling operations with quick ROP and days to drill estimates. Information is drawn from more than 26,000 offset wells with detailed mud programs, bit weight/RPM records, hydraulics, time/depth drilling curves, casing and formation data by depth, and non-productive events, and easy export of data to in-house systems. We can help you:

  • Avoid downtime and the associated cost impacts
  • Aggregate, normalize and measure key performance indicators
  • Track competitors and partners
  • Analyze key drilling strategies
  • Manage area-of-interest portfolios
  • Track company performance improvement programs

ChallengeSolution
Budget analysisUnderstand previous well-drilling aggregate data to improve AFE to actual spud to rig release drilling costs.
Subsurface challengesImprove drilling design pre-planning using time-to-depth curve to quickly identify geological challenges.
Non-productive time predictionAccurately predict routine operational methodologies and potential geological problems to eliminate non-productive events, improving ROP and costs.
Verifying cost and material estimatesReduce research time on bits, mud and chemical program needs to accurately predict performance at specific depths and improve drilling times and cost.
New play entryQuickly analyze multiple offset drilling data and performance criteria to estimate drilling costs and materials when entering a new play.
Performance comparisonQuickly choose area of interest and identify best drilling design for in-house program analysis and peer-to-peer comparison.

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