When you know your data, decisions come easy
Signing a word document is based on trust. The first page with names is the most important part. Do you trust the engineer who did this? Has it been checked by a person you know for her thoroughness?
Signing out data is a different ballgame. And what managers find inspiring is how they can raise the bar on quality. Algorithms help out in screening and checking the already defined rules, so the manager can work on portfolio management and improvements. Let's look at an example:
Say there are 1000 significant decisions to make in well planning. Casing shoe frac strengths, cement ECD's, mud weights, BOP test pressure, casing qualities, mud properties, you name it. You can't list them all in a document, but you can store them in a database and compare them with other wells.
A smart well planning platform can tell you that you have made 80% of the necessary decisions to start operating, and it can tell you that these two designs are 90% similar, deviating in how both input values and calculated values.
When you compare the 5 different well designs which are planned, you can see that three of them are using advanced technology and two are more bare bone.
This is what you should approve and put your name on. I want this well and I expect it to be drilled this way.
In fact, this is where the fun starts. When the data is the decisions you can add more detail.
Free up time and improve quality
In the document, spreadsheet and presentation workflow, engineers and managers spend most of their time moving data around in the organization. Here are a few things users of our platform have found time to improve:
- Standardize equipment across wells
- Compare plan to actual well
- Create more detailed plans which reduces the pressure on the operations
- Add more detail to contingency operations
- Avoid repeated mistakes
You can read more about this in other articles in our resource center.
