Digital Energy Journal
November-December 2007
Page 36
“Vancouver company Actenum has 5 mathematics Phds developing algorithms to optimise scheduling. Saudi Aramco uses it to optimise their rig scheduling, other companies use it for planned maintenance.
The software goes through all the possible assignments of rigs to well locations, to work out which one is the optimum according to different metrics, for example net present value or maximised production.”