Think fast with Actenum.
You want to ensure that an effective and accurate schedule is in place for your drilling program, so that production output is maximized and costs are predictable. But what happens if financial conditions change, a vital piece of equipment breaks down, or you’re hit with inclement weather?
When operational disruptions occur, Actenum’s rescheduling capabilities get your schedule quickly back on track. Designed to deal with all types of real-world changes, Actenum’s AI-powered oil and gas scheduling software can update schedules in real-time, ensuring the right resources, assets, and people are always in the right place at the right time.
Plus, you can rapidly create and evaluate multiple “What if?” schedule alternatives, so you know exactly how your drilling scheduling decisions will impact costs, production, resource use, and financial goals.
Make a Change for the Better
Learn more about how Actenum oil and gas scheduling software can elevate efficiency for your drilling operations.
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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.
During our pilot of Actenum DSO, we were able to identify 10 hours in time savings in a typical business week through improved eﬃciency using DSO’s robust UI and out-of-the-box conﬁgurability.
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.