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Monitoring well operations can be highly complex comprising numerous manual tasks which can challenge operational efficiency and effectiveness. There are so many moving parts in well operations − both literally and figuratively. Things can change rapidly resulting in unplanned deviations or rapid updates to required materials or services while operations are ongoing to ensure the right teams and equipment turn up at that right place at the right time. Failure to get this right can result in Non-Productive Time, which can have a hefty price tag!
So, in this digital age how can you keep on top of the necessary reporting, and ever-changing requirements of complex well operations? The answer – Well Operations Monitor, a DecisionSpace® 365 cloud application.
Well Operations Monitor helps provide a virtual window to your rig site and helps optimize your well operations through efficient and accurate monitoring of ongoing operations in the context of the planned digital well program.
This is achieved with a Live Plan that contributes towards a digital twin of your well operations. It provides all operation stakeholders with a shared digital representation of the planned and current as-built status of the well, throughout the operation. Integrated with EDT™ software and Digital Well Program®, another DecisionSpace 365 cloud application, operations are monitored in the context of the planned wellsite procedures including best practices and risk identification for each step in the program. As operations unfold visual and interactive workflows automate the traditional reporting tasks.
So that covers what Well Operations Monitor does, but ‘Why’ should you be interested in taking a closer look?
Well Operations Monitor helps connect your entire delivery team with secure access to your well operations. This connected workspace helps keep all stakeholders in the loop for smooth supply chain management to ensure you have what you need when you need it. This virtual worksite also helps facilitate efficient collaboration, pulling in more experience from across your organization, with secure access from anywhere at any time, and in doing so helps you move one step closer to remote operations. With fewer people onsite and reduced travel time, the result can be more productive and cost-effective operations.
Automated reporting and agile resource management helps optimize your well operations by reducing manual reporting by up to 80 percent! The once time-consuming reporting required to meet partner and regulatory obligations can now be streamlined with the Digital Well Exchange to help minimize disruptions and keep the team focused on risk reduction and operational efficiency. Such integrated monitoring and reporting with vendors and service providers supports agile and cost-effective resource management, which can help improve your top quartile efficiency.
Risk-management is always at the forefront of your mind and for good reason. With Well Operations Monitor you can mitigate your operational risk with ‘just-in-time’ information and best practices for safer more productive operations. This is achieved by early detection of unplanned deviations and critical non-compliance and can help reduce non-productive time by up to 20 percent. The software also combines well barrier envelopes in the context of the planned well design and related well-site procedures for effective monitoring during operations. By providing you with best practices and the right information at the right time, you can take immediate action and focus on the challenges at hand, to reduce risk.
Well Operations Monitor not only connects your entire delivery team for secure access to your well operations from anywhere in the world, but also helps optimize your well operations with automated reporting and agile resource management for efficient, and cost-effective outcomes. Moreover, it mitigates your operational risk with ’just-in-time’ information and best practices, for safer, more productive operations.
Experts: Brian Mangold | Senior Solution Owner For Well Operations Monitoring Technologies
Roger Marin | Global Technical Advisor For Well Construction And Real Time
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