World Oil magazine: Still scheduling drilling projects the old way? You’re missing out.
Effective drilling scheduling is critical to operator success, yet many organizations are still using 1990s-era software and manual processes that make tracking goals difficult. Modern scheduling software yields insights into performance and projects concerning results, which are invaluable.
World Oil magazine: Meeting the Demand for Positive Free Cashflow through Efficient Scheduling
One place to apply digital transformation is to drilling operations, particularly how they are scheduled and managed. Modern AI-powered scheduling software enables operators to make better decisions about how to deploy resources, ensure that operations are always aligned with business objectives, and manage costs, much more effectively than with the 1990s technology often in use by Operators.
Hydrocarbon Processing magazine: Optimize plant turnarounds with AI-powered software
How much time and costs can be saved by scheduling with an AI-powered solution? The numbers are staggering. While plant shutdowns are a necessary part of life, they can either be a positive activity that increases productivity or a negative one if the shutdown exceeds its deadline and goes beyond the budget. Read how a heavy industrial plant utilized Actenum’s AI-powered scheduling software to help schedule a 4-d shutdown at their plant reducing 366 days of idle time.
E&P magazine: Ensuring enterprise-wide E&P scheduling efficiency
Operators are looking for ways to ensure assets and resources return maximized value, especially in drilling programs, where optimal utilization and minimal rig downtime is critical. While more companies in the industry are digitizing their operations, selecting scheduling software for their operations is emerging as a new way to maximize return on assets and lower risk.
World Oil magazine: Assessing well delivery scheduling capabilities
For an operator, the critical value chain at the heart of the company is focused on well delivery. In today’s complex and fast-moving drilling programs, creating the schedule of activity sequences, and managing it on an ongoing basis for a large set of wells, is key to success.
E&P magazine: A step change in operations scheduling
Well delivery scheduling is a lot like chess. It involves coordinating many moving parts in an operational environment that is constantly changing to reach a goal that is often altered in response to business needs. Accurate scheduling improves organizational responsiveness to operational changes and yields significant economic benefits. But the consequences of a poor schedule can be severe: deferred production, cycle time delays and increased costs.
Digital Energy Journal: Eagle Ford operator saves $500k from scheduling software using Actenum
US scheduling software company Actenum reports that an Eagle Ford Shale operator was able to add $500k to its annual earnings, by capturing all of its drilling program activities and milestones in a single schedule using Actenum software.