Think efficiency with Actenum.
Simple scheduling tools may show you how individual resources are used in your drilling program, but they don’t help you to rapidly create and evaluate multiple scenarios to address real world events. Nor can you easily answer basic questions about how you might improve the program by adding or subtracting resources.
With Actenum’s oil and gas scheduling software, though, you can create and evaluate multiple schedule scenarios in under an hour, to determine the best course of action for any contingency. You can ask questions such as, “When should we add a rig?” or “Do we start a second frac spread in Q2 or Q3 of 2021?”, and obtain the answers in minutes.
Actenum software rapidly optimizes the entire drilling project activity sequence according to objectives and constraints. And, each separate optimization run may be saved as a scenario and compared to others, enabling the team to select the best one at any point, saving valuable time and money.
Choose Actenum and get faster results.
Learn more about how Actenum scheduling software can elevate efficiency for your drilling operations.
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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.
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.