Why simplistic software tools simply aren’t up to the task of complex scheduling.
Simplicity can be a good feature, but when it comes to using simple tools like Excel for drilling scheduling, the real-world operational complexity overwhelms its capabilities. Operational environments are constantly changing with factors such as lease changes, equipment readiness problems, and weather that can bring about schedule changes. Decisions need to be made quickly based on accurate and timely information. Tools like MS-Excel simply aren’t up to the job because they are slow, laborious, and don’t allow users to evaluate multiple scenarios and select the most appropriate solution to put into practice.
Actenum DSO offers a better way to manage it all.
With Actenum DSO, all lease and well delivery data is maintained in a single tool, providing a consistent view of the business, and allowing you to make the best decisions, rapidly. The impact of decisions on key operating metrics is available immediately, so you see the effects your decisions have on your bottom line, right away. It features powerful “What if?” capabilities that allow for rapid comparison of multiple scenarios, so you can choose the best way forward. With a user-friendly interface that allows you to view summarized information or drill down to the details, Actenum DSO makes it easy to understand what the data means and to collaborate with others.
Learn more about how Actenum DSO easily handles complex scheduling or schedule a demo today by filling out the form!
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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.
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.
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.
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.