Simplify complexity with Actenum AI-powered software
Offshore logistics imposes a heavy burden on the scheduling process. Weather and supply chain disruptions, together with important deadlines, make scheduling complex, and using simplistic scheduling tools like spreadsheets or 1990s project management software makes the job even more daunting. Updating the schedule to reflect the operational situation means time-consuming, manual data entry. Human error is more likely to happen. Critical constraints may be missed. It’s difficult to track who made what change, and you can’t ensure that everyone is using the most current schedule version.
AI-powered Actenum software speeds up the process by applying automation and reducing manual effort, minimizing human error, and adjusting schedules when the unforeseen occurs. Complexity is reduced, and the operational environment becomes more efficient and effective. Actenum software also enables you to create and evaluate multiple scenarios, to determine the most appropriate course of action for specific contingencies, such as inclement weather. And if you encounter a disruption, such as equipment failure, you can respond rapidly by re-optimizing your schedule to stay on track with your goals.
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DSO not only helps reduce cycle times, but also determines economics and value, so we can effectively prioritize development. It’s highly configurable which makes it easy to use.
Actenum DSO has allowed us to hit our budget at a level never before seen, and the dynamic, “What if?” scenario planning capability has dramatically improved our decision making.
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.
Benefits achieved with Actenum DSO/Upstream rig scheduling software
in people time
in 3 months
“We saved $1.5 million in people time in 3 months”
The VP of Operations at an IOC called us to say that his organization had saved an estimated $1.5 million in the first 3 months of using Actenum DSO/Upstream for rig scheduling. Formerly his team used MS-Excel to schedule drilling operations, and this required a daily meeting of up to 3 hours with 20 people attending. He referred to it as “the 3-hour argument”. After a very short time using Actenum DSO/Upstream the meeting evolved to a 4-person 15-minute daily session. The rig schedule was viewable by all attendees, the impact of changes was immediately visible, and questions about moving wells resolved rapidly.
within 60 days
“Scenario capability for rapid decision-making”
Actenum DSO/Upstream’s scenario creation and evaluation capability is used by a leading US operator to rapidly analyze multiple versions of a drilling and completions schedule, to determine the appropriate course of action to maximize project value. Unlike many other operators, the drilling project schedule is frozen only for a six-week period, and this enables them to rapidly reconfigure their approach to the project in response to operational and market conditions. In one situation the customer used a DSO/Upstream scenario to determine the impact of a decision to spend an additional $12 million in one area of an asset. They forecasted a $45 million return within 60 days, and this proved to be the case.