Increase Well Feasibility Analysis
The Digital Well Program solution within the DecisionSpace Well Construction 365 enables O&G companies to create well programs with a clear vision of the correct engineering design. Using an offset well analysis from the operator’s historical well designs and execution, the current well design can refine critical technical limits and operator parameters while optimizing costs, along with health, safety, and environmental (HSE) concerns. This investment in upfront analysis enables additional optimization of key operational objectives to avoid nonproductive time (NPT) and invisible lost time (ILT) issues.
Perform Fully Connected Well Operations
The Digital Well Program solution helps improve the overall well construction processes by allowing fast and more accurate decisions in real time. Operational data captured during drilling and workover activities is stored to be utilized by the Digital Well Program for future well designs. This utilization of historical and real-time data improves lessons learned and provides guidance to achieve the optimal well design for future plans.