Optimize resource use with AI-powered oil and gas drilling scheduling software
Actenum’s AI-powered rig scheduling software optimizes your entire drilling program, bringing together construction, facility, drilling, completion, and field operation activities in a single software tool. With built-in scenario creation and evaluation capabilities (based on user-defined criteria, such as lowest cost or best equipment/people utilization), Actenum’s oil and gas drilling scheduling software improves well delivery efficiency and optimizes resource use, while meeting your cost and production goals.
Everyone in your organization benefits from a complete, single source view of well delivery operations. It transforms rig scheduling into a strategic advantage, enabling you to efficiently meet cost and production targets.
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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.